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Shelter Afrique, DRC sign MOU to scale-up affordable housing projects

Shelter Afrique, DRC sign MOU to scale-up affordable housing projects

Shelter Afrique has signed a Memorandum of Understanding (MoU) with the government of the Democratic Republic of Congo (DRC) to…
Ruto inks Ksh.8.7 billion deal with US firm for electric buses

Ruto inks Ksh.8.7 billion deal with US firm for electric buses

President William Ruto signed a Ksh.8.7 billion deal with the United States (US) foreign aid agency MCC for the acquisition…
Air-France KLM Group Soars Towards Pre-Pandemic Levels, Expects Full Recovery By 2024

Air-France KLM Group Soars Towards Pre-Pandemic Levels, Expects Full Recovery By 2024

Air-France KLM group airline expects Available Seats per Kilometer (ASK) among its airlines to go back to 2019 levels from…
Meet Christopher Wambua, man replacing Chiloba as Director General, CA

Meet Christopher Wambua, man replacing Chiloba as Director General, CA

Christopher Wambua will, until further notice, run the show at the Communications Authority of Kenya (CA) as the Director General…
NCBA expands footprint into Migori to serve traders, neighboring regions

NCBA expands footprint into Migori to serve traders, neighboring regions

NCBA Bank has extended its presence to Migori County, situated on the border, with an eye on serving traders in…
Kenya banks’ lending rates hit a 65-month high of 13.5%; What does it mean?

Kenya banks’ lending rates hit a 65-month high of 13.5%; What does it mean?

The average lending rate offered by commercial banks in Kenya has surged to its highest level in 65 months, reaching…
Safaricom, Apple strike deal to expand M-Pesa global reach

Safaricom, Apple strike deal to expand M-Pesa global reach

Safaricom has laid plans for a strategic partnership with Apple Inc., in a bid to increase M-Pesa’s global reach. The…
Oil Marketers under financial pressure over soaring fuel prices

Oil Marketers under financial pressure over soaring fuel prices

Oil marketers in Kenya are grappling with increased working capital requirements due to a combination of rising global fuel prices…
World Bank – Global debt returning to its rising trend

World Bank – Global debt returning to its rising trend

The global debt burden retreated for the second year in a row, even though it remains above its already-high pre-pandemic…
Five key objectives in Nigeria’s $3 billion loan from Afreximbank

Five key objectives in Nigeria’s $3 billion loan from Afreximbank

Nigeria and Afreximbank reached an understanding for an immediate support facility that will see west African nation receive $3 billion…
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