Business
IMF Sees Global Growth Aided by 2023 Tail Winds
January 16, 2024
IMF Sees Global Growth Aided by 2023 Tail Winds
The global economy is set to receive a boost in 2024 from a slightly stronger-than-anticipated performance last year, according to…
Kenya Responds to Tanzania on Decision Suspending Passenger Flights to Dar
January 16, 2024
Kenya Responds to Tanzania on Decision Suspending Passenger Flights to Dar
Kenya Airways (KQ) has responded to Tanzania’s decision to suspend its passenger flights to Dar es Salaam, in what appears…
Moody’s Sees Better Economic Futures on Tshisekedi’s Re-election
January 15, 2024
Moody’s Sees Better Economic Futures on Tshisekedi’s Re-election
The Democratic Republic of the Congo’s Constitutional Court confirmed President Felix Tshisekedi’s re-election on January 9, which Moody’s said rubberstamps…
Kenya Shilling Gains 0.18% in Value Against US Dollar
January 15, 2024
Kenya Shilling Gains 0.18% in Value Against US Dollar
The Kenya shilling held steady against the US Dollar, opening Monday at 159.6 units, a slight improvement from its closing…
Equity Bank Rwanda Commissions 3rd cohort of its Equity Leaders Program
January 13, 2024
Equity Bank Rwanda Commissions 3rd cohort of its Equity Leaders Program
Equity Bank Rwanda has welcomed 36 new scholars into its Equity Leaders Program (ELP), a mentorship and leadership development initiative…
Rwanda to Invest $2.37 Billion to Boost Mining Sector
January 13, 2024
Rwanda to Invest $2.37 Billion to Boost Mining Sector
The Rwanda Mines, Petroleum and Gas Board (RMB) has embarked on a three-year research initiative to assess the estimated mineral…
Afreximbank Helps Nigeria Secure $3.3 Billion Crude Oil Prepayment Facility
January 13, 2024
Afreximbank Helps Nigeria Secure $3.3 Billion Crude Oil Prepayment Facility
The Nigerian National Petroleum Company Limited (NNPCL) has obtained a syndicated US$3.3 billion crude oil prepayment facility, with support from…
How Uganda Plans to Handle Its Rising Debt Amidst Parliamentary Probe
January 12, 2024
How Uganda Plans to Handle Its Rising Debt Amidst Parliamentary Probe
Uganda’s national debt has become a source of worry for many, as the Budget Committee in Parliament recently discovered. The…
Tanzania Inks Investment Deal With London Stock Exchange
January 12, 2024
Tanzania Inks Investment Deal With London Stock Exchange
The Tanzanian High Commission in the United Kingdom has entered into an investment deal with the London Stock Exchange (LSE).…
Tanzania Launches $15 Billion FDI Campaign Among its Citizens
January 12, 2024
Tanzania Launches $15 Billion FDI Campaign Among its Citizens
Tanzania is targeting new investment projects worth $15 billion by the year 2025 in a nationwide campaign. It is a…