Business
Why Global Investors Are Looking Past Gen Z Protests, Gachagua Impeachment to Invest in Kenya
October 24, 2024
Why Global Investors Are Looking Past Gen Z Protests, Gachagua Impeachment to Invest in Kenya
Despite facing its worst political upheaval in years, Kenya’s economy has continued to shine as the shilling remains the best-performing…
IMF Reaches Deal With Tanzania to Unlock $266 Million in Funding
October 24, 2024
IMF Reaches Deal With Tanzania to Unlock $266 Million in Funding
Tanzania will receive close to $266 million from the International Monetary Fund after reaching a deal to secure the next…
Female Bosses Nowhere as African Start-ups with $100M+ Funding Still Dominated by Male
October 24, 2024
Female Bosses Nowhere as African Start-ups with $100M+ Funding Still Dominated by Male
Since 2019, 27 start-ups in Africa have secured over $100 million in equity, debt, or grant funding. Leading the pack…
Kenya Leads African Start-ups at $437 Million in Funding in 2024
October 24, 2024
Kenya Leads African Start-ups at $437 Million in Funding in 2024
As 2024 nears an ending, Kenya and Egypt have emerged as the dominant players in African start-up funding, claiming a…
Uganda Plans to Build $600 Million Rail Line
October 23, 2024
Uganda Plans to Build $600 Million Rail Line
Uganda plans to build a rail line linking a town in the east to a proposed port on Lake Victoria…
South African Inflation Slowing to 3.8% Backs Rate Cut Bets
October 23, 2024
South African Inflation Slowing to 3.8% Backs Rate Cut Bets
South Africa’s annual inflation rate fell below 4% for the first time in more than three years bolstering the case…
Courts Hand Ruto Lifeline in Affordable Housing Ruling
October 22, 2024
Courts Hand Ruto Lifeline in Affordable Housing Ruling
The High Court has ruled that the Housing Levy, a central component of the Finance Act 2023, was properly enacted.…
Adani Green Profit Jumps 38% Amid Growing Clean Energy Demand
October 22, 2024
Adani Green Profit Jumps 38% Amid Growing Clean Energy Demand
Adani Green Energy Ltd. reported a 38% increase in second-quarter profit, following rising power sales and an installation expansion. Profit…
Africa’s Progress in Reforming Global Financial Infrastructure: Challenges and Opportunities
October 22, 2024
Africa’s Progress in Reforming Global Financial Infrastructure: Challenges and Opportunities
A recent report by the African Future Policies Hub has revealed slow progress in addressing Africa’s critical need for climate…
KCB’s Stock Surges as Bank Divests From National Bank of Kenya
October 18, 2024
KCB’s Stock Surges as Bank Divests From National Bank of Kenya
Shares of KCB Group Plc, Kenya’s largest bank by assets, surged to their highest level since May as investors priced…