Lawrence Baraza
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East Africa
Malaysian PETRONAS Sues South Sudan Over Alleged Blocked Asset Sale and Takeover
Malaysian oil and gas giant Petroliam Nasional Bhd. (PETRONAS) has filed a lawsuit against South Sudan, accusing the government of…
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Corporate
Zuckerberg Admits Pressure from Biden Admin to Censor COVID-19 Content
Mark Zuckerberg, the founder, chairman CEO of Meta, addressed the company’s controversial role in moderating content related to COVID-19 during…
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Corporate
Family Bank Pre-Tax Profit up 15.4% to Ksh.2.3 Billion in H1 2024
Family Bank Group has posted a Ksh.2.32 billion Profit Before Tax in the first six months of 2024 a 15.4%…
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Northern Africa
Denmark Shuts Down Embassies in Mali, Burkina Faso
Denmark has announced the closure of its embassies in Mali and Burkina Faso citing the “severely limited scope for action…
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Northern Africa
Libyan Central Bank Standoff Deepens as Governor Won’t Back Down
Libya’s embattled central bank governor clung on against attempts to oust him, deepening a more than week-long standoff between rival…
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Kenya
S&P Downgrades Kenya’s Rating to B-
S&P Global Ratings downgraded Kenya’s credit score after the government nixed controversial tax hikes meant to address fiscal imbalances. The…
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Government Projects
Ruto Hints at Rebranding Uhuru’s Kazi Mtaani to Feature Climate Work
During the National Youth Service (NYS) pass-out ceremony in Gilgil, Nakuru County, on Monday, August 26, President William Ruto suggested…
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Corporate
Absa Kenya After Tax Profit Up 29% to Kshs.10.7 billion in H1 2024
Absa Bank Kenya PLC has reported a profit after tax of Ksh.10.7 billion for the half year ended 30 June…
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Economy
Solarise Secures $8.9 Million for Cheap Energy Across Africa
Solarise Africa, an energy-as-a-service provider catering to businesses across Africa, has secured an $8.9 million investment from Mergence Investment Managers.…
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Cryptocurrencies
Crypto Firm Binance Launches Mobile Money Feature Across Africa
Binance has expanded its reach in Africa by launching a new mobile money feature in Ghana, Tanzania, Uganda, and Zambia,…
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