Business

Danish biotechnology firm Novozymes has successfully concluded its merger with Chr. Hansen. It is the biggest move for Novozymes since…

The Bank of Uganda (BOU) has maintained its benchmark lending rate at 9.5% for the fourth consecutive month, citing low…

Central Bank of Kenya (CBK) has raised its benchmark interest rate to 13%, the highest level since 2012 to curb…

The International Monetary Fund says financing conditions for sub-Saharan African economies are likely to remain constrained for a while amid…

African countries collectively spend approximately $20 billion each year on wheat imports. This is according to Dr. Solomon Gizaw, the…

The wealth of Africa’s richest individuals has seen a slight increase over the past year and has reversed the previous…

The eco.business Fund has extended $5 million loan (Ksh.805 million), to Family Bank Kenya to strengthen sustainability-certified companies, small-holder farmers,…

Zenith Bank has joined forces with Ibom Air and Airbus for the closure of commercial financing for Ibom Air’s first…

MultiChoice, a Pan-African Pay-tv operator, has rejected a $2.5 billion acquisition offer from French media company, Canal+. The company said…

The Kenyan government has commenced the distribution of Ksh.300 million to farmers of Nzoia Sugar Factory, a knee-jerk to local…