Markets
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Kenya Shilling Gains 0.18% in Value Against US Dollar
The Kenya shilling held steady against the US Dollar, opening Monday at 159.6 units, a slight improvement from its closing…
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Rwanda to Invest $2.37 Billion to Boost Mining Sector
The Rwanda Mines, Petroleum and Gas Board (RMB) has embarked on a three-year research initiative to assess the estimated mineral…
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Tanzania Inks Investment Deal With London Stock Exchange
The Tanzanian High Commission in the United Kingdom has entered into an investment deal with the London Stock Exchange (LSE).…
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Tanzania Launches $15 Billion FDI Campaign Among its Citizens
Tanzania is targeting new investment projects worth $15 billion by the year 2025 in a nationwide campaign. It is a…
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Africa May Turn to China for Cheaper Loans amid High International Market Rates
Standard Chartered Plc said that China’s loans to Africa could increase for the first time since 2016, as it promises…
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Octavia Carbon Secures Funding to Boost Carbon Capture Technology
Octavia Carbon, a trailblazing firm in climate change solutions, has recently obtained substantial funding to enhance its Direct Air Capture…
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Family Bank Extends Ksh.1.9 Billion Rights Issue For a Month
Family Bank has extended its Ksh 1.9 billion Rights Issue until January 31, 2024, to give investors more time and…
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Bitcoin Regains Confidence at $47,000 on Speculative ETF Approval
For the first time since April 2022, Bitcoin has surpassed the $47,000 mark. This surge comes as U.S. regulators appear…
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Oil Prices Dip as Saudi Arabia Slashes Selling Price
Oil prices were on a downward trend Monday morning following Saudi Arabia’s decision to reduce the prices it charges its…
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Kenyan Shilling Declines by 0.6% in the Year’s Initial Week
During the first week of the year, the Kenyan Shilling saw a 0.6% fall in value against the US Dollar,…
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