Business
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…
Nigeria Raises $900M in First Domestic Dollar Bond Sale
September 12, 2024
Nigeria Raises $900M in First Domestic Dollar Bond Sale
Nigeria’s government raised $900 million through its first-ever domestic dollar bond sale, aiming to diversify funding sources amid high yields…
UK Looks to Francophone in Trade with $1.3B in Guarantees
September 11, 2024
UK Looks to Francophone in Trade with $1.3B in Guarantees
The United Kingdom has ramped up its business presence in French-speaking West and Central Africa, expanding into new markets with…
Autochek Inks Deal with Turaco for Flexible Motor Insurance Plans
September 11, 2024
Autochek Inks Deal with Turaco for Flexible Motor Insurance Plans
Autochek Kenya, a leading automotive technology company, has announced a deal with Turaco Insurance Agency, keen to make vehicle insurance…
Zambia’s ChitChat, Mastercard Launch Debit Card for Cross-Border Payments
September 9, 2024
Zambia’s ChitChat, Mastercard Launch Debit Card for Cross-Border Payments
ChitChat, a Zambian social commerce platform, has partnered with Mastercard to launch virtual debit cards for cross-border payments. This follows…
Kenya’s Borrowing Costs Remain High Amid Fiscal Uncertainty
September 9, 2024
Kenya’s Borrowing Costs Remain High Amid Fiscal Uncertainty
Kenya’s borrowing costs remain near decade-high levels as uncertainty over the country’s funding options and fiscal strategy continues. Following deadly…
AgDevCo Raises $32M to Support Early-Stage Agro Ventures in Africa
September 9, 2024
AgDevCo Raises $32M to Support Early-Stage Agro Ventures in Africa
AgDevCo, a specialist investor in African agriculture, has secured $32 million in funding from the UK’s Foreign, Commonwealth, and Development…
ODPC Calls for Strengthened Data Protection in Kenya, Enhanced Collaboration
September 9, 2024
ODPC Calls for Strengthened Data Protection in Kenya, Enhanced Collaboration
The Office of Data Protection Commission (ODPC) held a breakfast meeting Monday with regulators, member bodies and associations called for…