Lawrence Baraza
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East Africa
Adani Group Seeks to Invest $900 Million in Tanzania Power Lines
Tanzania is in talks with the Adani Group for a $900 million public-private partnership project to construct high-voltage power lines.…
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Kenya
CBK Cuts Benchmark Lending Rate by 75 Basis Points to 12%
The Central Bank of Kenya (CBK) has cut the benchmark lending rate by 0.75% to 12%, as expected, to support…
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International
Why Biden Has Cancelled His First Official Visit to Africa
President Joe Biden has canceled his highly anticipated visit to Africa, just two weeks after the White House announced the…
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Kenya
Kenya Airways Now Seeks Partial Control of JKIA Amidst Adani-Takeover Discussions
Kenya Airways wants to gain some control of the capital’s biggest airport even as authorities discuss concessions with private players…
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Kenya
Gen Z Protests Push Kenya to Runs to IMF to Help Fight Corruption
Kenya has asked the International Monetary Fund (IMF) for an in-depth assessment of how corruption and mismanagement of state resources…
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Credit Rating
Kenya Set for First Successive Rate Cut in Four Years
The Central Bank of Kenya (CBK) is set to cut interest rates at a second straight meeting for the first…
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Kenya
CS Muturi Officially Launches Customer Service Week at Nairobi’s Huduma Centre
Public Service Cabinet Secretary Justin Muturi officially inaugurated this year’s Customer Service Week at the Huduma Centre, GPO, in Nairobi,…
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West Africa
Nigeria Receives $1.57 Billion Loan From World Bank
The World Bank has approved $1.57 billion in new loans to Nigeria to support health services, education, and dam safety,…
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Kenya
Kenya Inflation Slows to 12-Year Low in September on Food Prices
Kenya’s annual inflation eased in September to the slowest pace in almost 12 years, helped by weaker growth in food…
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Kenya
CBK Approves 27 More Digital Credit Providers, Bringing Total to 85
The Central Bank of Kenya (CBK) has announced the licensing of an additional 27 Digital Credit Providers (DCPs), bringing the…
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