Business

Ethiopia’s Ministry of Finance and Ethiopian Electric Power (EEP) has signed a Memorandum of Understanding (MoU) with the African Trade…

The Kenyan government has allocated an additional Ksh.5 billion to State House Deputy President Kithure Kindiki, and Prime Cabinet Secretary…

The Ethiopian Investment Holdings (EIH), in collaboration with the Ethiopian Agricultural Business Corporation (EABC) and UK-based private equity firm Asset…

The long-planned Africa Energy Bank will begin operations this quarter with $5 billion in equity from member nations and shareholders,…

Nigeria is witnessing renewed investor confidence, pushing stock markets higher and lowering bond yields as economic reforms take effect. The…

Airtel Money subscribers in Kenya will now enjoy a 100% refund on transaction fees as airtime when transferring money from…

Safaricom has maintained its interim dividend at Ksh.0.55 per share, translating to a total payout of Ksh.22.04 billion, despite a…

The Competition Authority of Kenya (CAK) is taking a firm stance against hidden bank charges, demanding greater transparency in lending…

Kenyan businesses have been challenged to leverage current lower interest rates and engage actively with banks to access credit, even…

The financial sector is witnessing a significant shift in how banks and microfinance banks (MFBs) assess credit risk, driven by…