Business
KNCCI Calls for Improved Credit Access to Boost SMEs Growth
4 weeks ago
KNCCI Calls for Improved Credit Access to Boost SMEs Growth
The Kenya National Chambers of Commerce and Industry (KNCCI) has stepped up efforts to push access to credit for Small…
All Eyes on Africa: What the G20 Summit Means for the Continent’s Future
November 19, 2024
All Eyes on Africa: What the G20 Summit Means for the Continent’s Future
This week marks a historic milestone for Africa as the continent takes its place at the G20 Summit as a…
Kenya’s FX Reserves Hit Three-Year High on Increased Inflows
November 14, 2024
Kenya’s FX Reserves Hit Three-Year High on Increased Inflows
Kenya’s foreign-exchange reserves have surged to their highest level in three years as capital inflows into the country accelerate, and…
Gerald Nyaoma Appointed Second Deputy Governor of CBK
November 12, 2024
Gerald Nyaoma Appointed Second Deputy Governor of CBK
President William Ruto has nominated Gerald Nyaoma as the Second Deputy Governor of the Central Bank of Kenya (CBK). A…
Why Senegal Will Wait Longer Before Receiving $1.9 Billion Loan From IMF
November 12, 2024
Why Senegal Will Wait Longer Before Receiving $1.9 Billion Loan From IMF
Senegal will have to wait until at least June to get any sort of resolution of its lending programme with…
Equity Group Pretax Profit up Ksh.51 billion in 9 Months
November 12, 2024
Equity Group Pretax Profit up Ksh.51 billion in 9 Months
Equity Group Holdings on Tuesday reported pretax profit of Ksh.51.0 billion ($397 million) for the first nine months of 2024. The…
Trump’s Re-election to Boost Equities in Africa, Middle East, Says J.P. Morgan
November 12, 2024
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
November 11, 2024
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
November 8, 2024
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
November 8, 2024
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…