Business

Kenya, Iran set 60-day timeline to end the tea export ban.

Kenya, Iran set 60-day timeline to end the tea export ban.

Kenya and Iran have agreed to form a joint committee that will work to remove trade barriers within 60 days,…
South Africa’s Shoprite to Exit Ghana and Malawi

South Africa’s Shoprite to Exit Ghana and Malawi

South Africa’s biggest grocery retailer Shoprite Holdings said on Tuesday it is selling its operations in Ghana and Malawi, marking another…
Nigeria’s Oil Production Topped 1.8 million Barrels Per Day in July

Nigeria’s Oil Production Topped 1.8 million Barrels Per Day in July

Nigeria’s oil production surpassed 1.8 million barrels per day (bpd) last month, with current average output at 1.78 million bpd,…
UN To Cut Over 7,000 Jobs Over US Funding Pull Back

UN To Cut Over 7,000 Jobs Over US Funding Pull Back

The United Nations is undertaking its most significant cost-cutting effort, with Secretary-General António Guterres announcing a 20% reduction in the…
How Wildebeest Migrations Feed Flamingos’ Pink Plumage

How Wildebeest Migrations Feed Flamingos’ Pink Plumage

While the great wildebeest migration across East Africa’s rivers captures global attention, few notice how these travelers sustain another natural…
Trump Orders Universal 50% Tariff on Imports of Certain Copper Products

Trump Orders Universal 50% Tariff on Imports of Certain Copper Products

U.S. President Donald Trump on Wednesday signed a proclamation to address the effects of copper imports, imposing universal 50 percent…
Microsoft Hits $4 Trillion Market Cap on Strong Earnings

Microsoft Hits $4 Trillion Market Cap on Strong Earnings

Microsoft has become the second company in history to surpass a $4 trillion market capitalization, following a robust quarterly earnings…
Shelter Afrique Secures $120 Million from Arab Bank for Affordable Housing Initiatives

Shelter Afrique Secures $120 Million from Arab Bank for Affordable Housing Initiatives

Shelter Afrique Development Bank (ShafDB) has secured $120 million from Arab Bank for Economic Development in Africa (BADEA) to increase…
IFC Issues $17 Billion Bond to Boost Rwanda’s Local Capital Market

IFC Issues $17 Billion Bond to Boost Rwanda’s Local Capital Market

The International Finance Corporation (IFC) has successfully issued a RWF 24 billion (approximately $17 million) bond in Rwanda’s domestic capital…
IFAD, EADB Agree to Scale Rural Development in East Africa

IFAD, EADB Agree to Scale Rural Development in East Africa

The International Fund for Agricultural Development (IFAD) and the East African Development Bank (EADB) have signed a new co-financing agreement…
Back to top button