Business

Trump’s Re-election to Boost Equities in Africa, Middle East, Says J.P. Morgan

Trump’s Re-election to Boost Equities in Africa, Middle East, Says J.P. Morgan

Donald Trump’s possible re-election could drive growth in emerging market equities in the Middle East and North Africa (MENA) region…
Senegal to Reaffirm €2.5 Billion Green Energy Pact at COP29

Senegal to Reaffirm €2.5 Billion Green Energy Pact at COP29

Senegal is expected to recommit to a €2.5 billion ($2.67 billion) Just Energy Transition Partnership (JETP) at the COP29 climate…
Trump Victory Adds $1.3 Billion Gain to Renewables Short Bets

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…
Pan-African Payment System Could Save Africa $5B in Fees

Pan-African Payment System Could Save Africa $5B in Fees

Africa’s reliance on the dollar for cross-border transactions may soon diminish as the Pan-African Payments and Settlements System (PAPSS) under…
The Role of SACCOs as International Remittance Providers in Kenya

The Role of SACCOs as International Remittance Providers in Kenya

SACCOs have the potential to boost financial inclusion and stimulate economic growth in Kenya through international remittances, particularly in underserved…
Peter Ndegwa’s 2024 Pay Down 19.4% to Ksh.252.3 Million

Peter Ndegwa’s 2024 Pay Down 19.4% to Ksh.252.3 Million

Peter Ndegwa, CEO of Safaricom Plc, East Africa’s telecom giant, received Ksh.252.3 million ($1.95 million) in total compensation for the…
Family Bank Appoints Lazarus Muema as New Board Chairman

Family Bank Appoints Lazarus Muema as New Board Chairman

Family Bank has announced the appointment of Mr. Lazarus Muema as the new Chairman of its Board of Directors, following…
Startupbootcamp, Tycoon Plan $250 Million Africa Startup Fund

Startupbootcamp, Tycoon Plan $250 Million Africa Startup Fund

Tech accelerator Startupbootcamp, British-East African business tycoon Ashish Thakkar’s Mara Group and Blend Financial Services are planning a $250 million…
Navigating the Current Landscape of Capital Markets in 2024: Key Trends to Watch

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…
U.S Opposed to IMF-World Bank Plan to Help Poor Nations Foot $290 Billion Foreign Debt

U.S Opposed to IMF-World Bank Plan to Help Poor Nations Foot $290 Billion Foreign Debt

Developing nations face a severe liquidity crisis, putting unprecedented pressure on international financial institutions like the International Monetary Fund (IMF)…
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