Business
JPMorgan Boss Dimon to Visit Kenya in Lender’s Expansion Plan Across Africa
September 18, 2024
JPMorgan Boss Dimon to Visit Kenya in Lender’s Expansion Plan Across Africa
JPMorgan Chase CEO Jamie Dimon is set to visit Kenya in mid-October, marking his first trip to Africa in seven…
Saudi Sovereign Wealth Fund Poised for $5B Investment in Egypt
September 18, 2024
Saudi Sovereign Wealth Fund Poised for $5B Investment in Egypt
Saudi Arabia’s sovereign wealth fund is set to invest $5 billion in Egypt, marking the latest Gulf funding for the…
AfDB Launches New Digital Platform to Track Gender Equality Progress
September 17, 2024
AfDB Launches New Digital Platform to Track Gender Equality Progress
The African Development Bank Group (AfDB) has launched a new digital platform to track progress across its programmes and projects.…
Bill Gates Turns to Cow Milk, Gut Bacteria With $922 Million to Fight Malnutrition
September 17, 2024
Bill Gates Turns to Cow Milk, Gut Bacteria With $922 Million to Fight Malnutrition
Bill Gates is urging world leaders to intensify efforts to combat a growing child nutrition crisis that is causing significant…
Adani, AfDB Get $1.3 Billion Grant for Kenya Power Lines
September 16, 2024
Adani, AfDB Get $1.3 Billion Grant for Kenya Power Lines
The Kenya Electricity Transmission Co. (Ketraco) has awarded Adani Group and a unit of the African Development Bank a public-private…
South Africa’s Agricultural Confidence Surges Amid Political Stability
September 16, 2024
South Africa’s Agricultural Confidence Surges Amid Political Stability
Confidence in South Africa’s agricultural sector saw a sharp uptick as political uncertainty eased following the formation of a broad…
West African Central Bank Maintains Key Rate on Inflation Concerns
September 16, 2024
West African Central Bank Maintains Key Rate on Inflation Concerns
The Central Bank of West African States (BCEAO) opted to maintain its key interest rate at 3.50% during its 3rd…
Urgent Reforms in SACCOs Essential for Economic Growth, Says CS Oparanya
September 13, 2024
Urgent Reforms in SACCOs Essential for Economic Growth, Says CS Oparanya
The Cabinet Secretary for Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development, Wycliffe Oparanya has hinted at bringing forth…
Kenya Revives Diaspora Bond Plans As Budget Gap Widens
September 12, 2024
Kenya Revives Diaspora Bond Plans As Budget Gap Widens
Kenya is reviving plans for a bond sale targeted at citizens living abroad to help raise funds for infrastructure projects,…
US Increases Aid to South Sudan by $100 Million to Provide Meals
September 12, 2024
US Increases Aid to South Sudan by $100 Million to Provide Meals
The US is increasing humanitarian aid to South Sudan by $100 million to provide additional food for about one million…