Lawrence Baraza
-
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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.…
Read More » -
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,…
Read More » -
Corporate
Safaricom Investment Co-operative Rebrands to Align with Future Plans
Safaricom Investment Co-operative has officially received approval from the Ministry of Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development…
Read More » -
Commodities
World’s Second-largest Diamond Discovered in Botswana
A rough 2,492-carat diamond, the second-largest ever discovered, has been unearthed in Botswana at the Karowe mine, operated by Canadian…
Read More » -
Kenya
Kenyan HR Firm Workpay Secures $5 Million in New Funding
Kenyan HR and payroll startup Workpay has secured $5 million in Series A funding, led by pan-African venture capital firm…
Read More » -
East Africa
DP World, British to Build Congo’s First $35 Million Deep Sea Port
DP World, the Emirati logistics giant, in collaboration with the British government’s development-finance arm, is set to begin construction on…
Read More »