Economy
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Kenya Invites Tenders for Leasing Electric Vehicles
Kenya’s National Treasury and Economic Planning has issued an open national tender inviting local and international firms to participate in…
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Saudi Group Offers $1.3 Billion to Acquire South Africa’s Barloworld
Saudi Arabia’s Zahid Group and its partners, Gulf Falcon Holding and Entsha, have proposed a $1.3 billion buyout of South…
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AFD Approves $18.3 Mn for Revenue Mobilization in Liberia
The Board of Directors of the African Development Fund (ADF), the concessional lending arm of the African Development Bank Group,…
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AfDB to Lead Financing of $340 Million Moyi Power Project in DRC
The African Development Bank has been named mandated lead arranger for the Moyi Power Metro-Grids project, a $340 million private…
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Angola to Privatise State-Owned Airline TAAG in 2026
Angola will continue restructuring its state-owned airline, TAAG, next year as part of plans to privatize the 86-year-old carrier in…
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Namibia Elects First Female President as Ruling Party Holds Power
Namibia’s ruling South West African People’s Organisation (Swapo) has retained its hold on power despite recording its weakest electoral performance…
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Kenyan Startup VunaPay Wins African Latitude59 Pitch Competition
Kenyan startup VunaPay, known for revolutionizing instant payments for farmers, has won the African leg of the prestigious Latitude59 Pitch…
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Ethiopia To Export Power to Tanzania Via Kenya; Here is What We Know
Ethiopia is set to export 100 megawatts of electricity to Tanzania through Kenya, pending the finalization of a cross-border power…
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NCBA Bank Moves to Kitui for Local Empowerment with New Branch
NCBA Bank has opened a new branch in Kitui, reinforcing its dedication to accessible financial services and local community support.…
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Kenya to Introduce 1% Levy on Park Entry Fees to Boost Wildlife Conservation
Kenya, renowned for its world-famous safaris featuring iconic wildlife such as elephants, lions, and wildebeests, has unveiled plans to introduce…
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