Business

Kenya Confident in Continued Shilling Stability Ahead of IMF’s $3.9 Billion Loan

Kenya Confident in Continued Shilling Stability Ahead of IMF’s $3.9 Billion Loan

Central Bank of Kenya (CBK) Governor Kamau Thugge has expressed confidence in the current level of the Kenyan shilling, currently…
Why Global Investors Are Looking Past Gen Z Protests, Gachagua Impeachment to Invest in Kenya

Why Global Investors Are Looking Past Gen Z Protests, Gachagua Impeachment to Invest in Kenya

Despite facing its worst political upheaval in years, Kenya’s economy has continued to shine as the shilling remains the best-performing…
IMF Reaches Deal With Tanzania to Unlock $266 Million in Funding

IMF Reaches Deal With Tanzania to Unlock $266 Million in Funding

Tanzania will receive close to $266 million from the International Monetary Fund after reaching a deal to secure the next…
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…
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