Business

Female Bosses Nowhere as African Start-ups with $100M+ Funding Still Dominated by Male

Female Bosses Nowhere as African Start-ups with $100M+ Funding Still Dominated by Male

Since 2019, 27 start-ups in Africa have secured over $100 million in equity, debt, or grant funding. Leading the pack…
Kenya Leads African Start-ups at $437 Million in Funding in 2024

Kenya Leads African Start-ups at $437 Million in Funding in 2024

As 2024 nears an ending, Kenya and Egypt have emerged as the dominant players in African start-up funding, claiming a…
Uganda Plans to Build $600 Million Rail Line

Uganda Plans to Build $600 Million Rail Line

Uganda plans to build a rail line linking a town in the east to a proposed port on Lake Victoria…
South African Inflation Slowing to 3.8% Backs Rate Cut Bets

South African Inflation Slowing to 3.8% Backs Rate Cut Bets

South Africa’s annual inflation rate fell below 4% for the first time in more than three years bolstering the case…
Courts Hand Ruto Lifeline in Affordable Housing Ruling

Courts Hand Ruto Lifeline in Affordable Housing Ruling

The High Court has ruled that the Housing Levy, a central component of the Finance Act 2023, was properly enacted.…
Adani Green Profit Jumps 38% Amid Growing Clean Energy Demand

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…
Africa’s Progress in Reforming Global Financial Infrastructure: Challenges and Opportunities

Africa’s Progress in Reforming Global Financial Infrastructure: Challenges and Opportunities

A recent report by the African Future Policies Hub has revealed slow progress in addressing Africa’s critical need for climate…
KCB’s Stock Surges as Bank Divests From National Bank of Kenya

KCB’s Stock Surges as Bank Divests From National Bank of Kenya

Shares of KCB Group Plc, Kenya’s largest bank by assets, surged to their highest level since May as investors priced…
IMF to Review Kenya’s $3.9 Billion Loan Program on October 30

IMF to Review Kenya’s $3.9 Billion Loan Program on October 30

The International Monetary Fund (IMF) executive board is set to deliberate the next disbursement in Kenya’s $3.9 billion loan program…
Court Clears Senate on Impeachment Trial of DP Gachagua

Court Clears Senate on Impeachment Trial of DP Gachagua

The High Court of Kenya has allowed the Senate to move forward with impeachment proceedings against Deputy President Rigathi Gachagua.…
Back to top button