Lawrence Baraza
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International
Nigeria Leading in Startup Funding at $289 Million so Far in January
African startups, led by Nigeria, have stormed into 2025 raking in $289 million in January alone—a staggering 240% jump from…
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East Africa
Kenya Could Raise $3.86 Billion in Diaspora Bond, Official Says
Kenya is working with a World Bank unit to raise as much as Ksh.500 billion ($3.86 billion) by issuing a…
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Corporate
MANSA Secures $10M to Revolutionize Cross-Border Payments
MANSA, a rising star in the global fintech scene, has clinched a $10 million funding round, propelling its mission to…
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Commodities
Russia Keeps Oil Exports Flowing Despite Sanctions with New Shipping Tactics
Russia has once again demonstrated its ability to navigate Western sanctions, keeping crude oil exports moving through its main Pacific…
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Northern Africa
Morocco Plans First Eurobond Sale to Fund Economic Reforms, World Cup Preparations
Morocco is set to issue euro-denominated bonds on the international market for the first time since 2020, to finance…
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West Africa
EIB Invests €15M in African SME Fund IPAE 3
The European Investment Bank (EIB) has committed €15 million (US$15.8 million) to the IPAE 3 fund, an initiative managed…
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East Africa
Ethiopia Bondholders Fault IMF Over Report on Solvency
The International Monetary Fund (IMF) is on the receiving end after it published a report indicating Ethiopia is facing liquidity…
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Kenya
Kenya Sees 9,000 Govt Employees Drop Over Hiring Freeze
Over the past two years, Kenya’s civil service has experienced a significant reduction in its permanent and pensionable workforce, with…
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East Africa
Ethiopia Partners with ATIDI to Boost Renewable Energy Investments
Ethiopia’s Ministry of Finance and Ethiopian Electric Power (EEP) has signed a Memorandum of Understanding (MoU) with the African Trade…
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Kenya
How Treasury Has Allocated Extra Ksh.5 Billion to Ruto, Kindiki, Mudavadi
The Kenyan government has allocated an additional Ksh.5 billion to State House Deputy President Kithure Kindiki, and Prime Cabinet Secretary…
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