Lawrence Baraza
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Northern Africa
Namibia Elects First Female President as Ruling Party Holds Power
Namibia’s ruling South West African People’s Organisation (Swapo) has retained its hold on power despite recording its weakest electoral performance…
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East Africa
Kenya’s Mawingu Secures $15M to Scale Internet Connectivity in East Africa
Kenya-based Internet Service Provider Mawingu has acquired Habari, an ISP operating in seven regions across Tanzania, to expand digital connectivity…
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Kenya
Applications open for 3rd Mastercard Foundation EdTech Fellowship in Kenya
Applications are open for the third cohort of the Mastercard Foundation EdTech Fellowship in Kenya after the successful completion of…
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Kenya
Kenyan Startup VunaPay Wins African Latitude59 Pitch Competition
Kenyan startup VunaPay, known for revolutionizing instant payments for farmers, has won the African leg of the prestigious Latitude59 Pitch…
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East Africa
Ethiopia To Export Power to Tanzania Via Kenya; Here is What We Know
Ethiopia is set to export 100 megawatts of electricity to Tanzania through Kenya, pending the finalization of a cross-border power…
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East Africa
Zimbabwe’s Central Bank Retains Africa’s Highest Interest Rate at 35%
Zimbabwe’s central bank retained Africa’s highest interest rate and affirmed its tight monetary policy stance will continue into 2025. The…
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Markets
Why Billionaire Merali is Facing $2.22 Million Loss in Sasini Stake
The Merali family, one of Kenya’s wealthiest households and the largest shareholders of Sasini Tea, has suffered a significant decline…
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East Africa
Uganda Confirms Central Bank Hacking, Refutes $17 Million Claim
Uganda’s finance ministry confirmed media reports that hackers breached the central bank’s systems and stole money, but refuted claims that…
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Corporate
NCBA Bank Moves to Kitui for Local Empowerment with New Branch
NCBA Bank has opened a new branch in Kitui, reinforcing its dedication to accessible financial services and local community support.…
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Government Projects
US Backs Angola’s Lobito Rail Corridor with $2.1 Billion Funding to Counter China Influence in Africa
The US is investing heavily in the Lobito rail corridor, which links Angola’s Atlantic coast to the Democratic Republic of…
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