Collins Ogutu
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Economy
Musicians to Receive Ksh.20 Million Payout in Govt Royalty Disbursement
The Kenyan government is preparing to distribute a significant Ksh.20 million to 16,000 Kenyan musicians on January 25, 2024, as…
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Markets
CMA Okays Sycamore to Operate as CIS
Sycamore Capital, a digital investment platform, has received regulatory approval from the Capital Market Authority (CMA) to operate as a…
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East Africa
Rwanda to Invest $2.37 Billion to Boost Mining Sector
The Rwanda Mines, Petroleum and Gas Board (RMB) has embarked on a three-year research initiative to assess the estimated mineral…
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Northern Africa
Afreximbank Helps Nigeria Secure $3.3 Billion Crude Oil Prepayment Facility
The Nigerian National Petroleum Company Limited (NNPCL) has obtained a syndicated US$3.3 billion crude oil prepayment facility, with support from…
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East Africa
How Uganda Plans to Handle Its Rising Debt Amidst Parliamentary Probe
Uganda’s national debt has become a source of worry for many, as the Budget Committee in Parliament recently discovered. The…
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East Africa
Tanzania Inks Investment Deal With London Stock Exchange
The Tanzanian High Commission in the United Kingdom has entered into an investment deal with the London Stock Exchange (LSE).…
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East Africa
Tanzania Launches $15 Billion FDI Campaign Among its Citizens
Tanzania is targeting new investment projects worth $15 billion by the year 2025 in a nationwide campaign. It is a…
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Northern Africa
Kuwaiti EdTech Firm Baims Completes 100% Acquisition of Egyptian EdTech firm Orcas
Kuwait-based educational technology company Baims has successfully acquired the Egyptian EdTech firm Orcas, a move that signifies a significant consolidation…
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Technology
Kenya Rakes in Ksh 159 Million in a Week from ETA
The newly introduced Electronic Travel Authorisation (ETA) has generated Ksh.159 million ($1 million) within just one week of its implementation…
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Corporate
KCB Bank Tanzania Mortage Portfolio Up Threefold to Ksh.3.8 Billion
KCB Bank Tanzania Limited has made significant strides in the Tanzanian mortgage market, increasing its outstanding mortgage book threefold to…
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