Business
Botswana Licences its First Manganese Mining Project
September 19, 2024
Botswana Licences its First Manganese Mining Project
Botswana has awarded Giyani Metals a 15-year mining licence, the company announced on Wednesday, paving the way for it to become…
U.S Federal Reserve Lowers Interest Rate by 50 Basis Points; What it Means
September 19, 2024
U.S Federal Reserve Lowers Interest Rate by 50 Basis Points; What it Means
The US Federal Reserve (Fed) has reduced the interest rates by 50 basis points (bps), setting it between 4.75% and…
IMF’s $1 Billion Program Expires, Denying Uganda Final Payout
September 19, 2024
IMF’s $1 Billion Program Expires, Denying Uganda Final Payout
An International Monetary Fund (IMF) program for Uganda expired, denying the East African nation a final disbursement after it failed…
It Was Productive: Says IMF After Meeting Kenyan Team on Anti-Tax Protests
September 18, 2024
It Was Productive: Says IMF After Meeting Kenyan Team on Anti-Tax Protests
The International Monetary Fund (IMF) said on Tuesday it held productive discussions with the Kenyan government on its plans to…
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…