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East Africa
Somalia leaps towards digital transformation through QR-based payments brought by BPC
Somalia, historically characterised by a predominantly cash-based economy, has recently made significant developments toward digital financial inclusion. The country’s financial…
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Opinions
To Reinforce Their Empowerment Role, Cooperatives Must Invest in Risk Management
By Patrick Nyaga For decades, cooperatives have been a cornerstone of Kenya’s economic development and social empowerment, significantly reducing poverty,…
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West Africa
Liberia’s Parliament in Flames on Continued Anti-government Protests
A fire broke out in Liberia’s parliament building on Wednesday, prompting widespread condemnation, including from President Joseph Boakai, who decried…
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International
UAE Port Operator DP World Plans India Expansion to Ease Delays
DP World Ltd., a United Arab Emirates-based port operator, plans to expand in India to alleviate trade bottlenecks, according to…
Read More » Ruto Woos China for a Deal to Boost Tourism
China is exploring collaboration with Kenya’s tourism sector on areas of sustainable tourism, with Kenya being named as a pioneer…
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West Africa
Why Senegal Will Wait Longer Before Receiving $1.9 Billion Loan From IMF
Senegal will have to wait until at least June to get any sort of resolution of its lending programme with…
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Markets
Trump Victory Adds $1.3 Billion Gain to Renewables Short Bets
This week’s selloff in renewable energy stocks following Donald Trump’s election victory has been a boon for short sellers betting…
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Markets
Navigating the Current Landscape of Capital Markets in 2024: Key Trends to Watch
As we approach the end of the fourth quarter of 2024, capital markets are under the spotlight, reflecting a complex…
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East Africa
IMF Reaches Deal With Tanzania to Unlock $266 Million in Funding
Tanzania will receive close to $266 million from the International Monetary Fund after reaching a deal to secure the next…
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Corporate
Adani Green Profit Jumps 38% Amid Growing Clean Energy Demand
Adani Green Energy Ltd. reported a 38% increase in second-quarter profit, following rising power sales and an installation expansion. Profit…
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