Business
Oil Marketers under financial pressure over soaring fuel prices
September 18, 2023
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
September 13, 2023
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
September 13, 2023
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…
Housing Minister Dangiwa succeeds Fashola as Chairman of Shelter Afrique AGM Bureau
September 13, 2023
Housing Minister Dangiwa succeeds Fashola as Chairman of Shelter Afrique AGM Bureau
Nigeria’s newly appointed Minister for Housing and Urban Development, Architect Ahmed Musa Dangiwa, has taken over the chairmanship of Shelter…
Nigeria’s Tony Elumelu-led UBA posts $512 million half year profit
September 13, 2023
Nigeria’s Tony Elumelu-led UBA posts $512 million half year profit
United Bank for Africa Plc (UBA), the prominent pan-African financial services group led by Nigerian tycoon Tony Elumelu, has sent…
Africa climate smart innovative financing instruments required
September 13, 2023
Africa climate smart innovative financing instruments required
The Africa Climate Summit ended in a not very high tone as expected by the participants and especially the civil…
Dhow CDS is a Game Changer into Kenya’s Security Market
September 13, 2023
Dhow CDS is a Game Changer into Kenya’s Security Market
The Central Bank of Kenya (CBK) has again led the park by officially launching Dhow CDS, a central depository infrastructure…
NSE Chairman Kittony shortlisted for World Chambers Federation Chair position
September 8, 2023
NSE Chairman Kittony shortlisted for World Chambers Federation Chair position
Nairobi Securities Exchange (NSE) Chairman Kiprono Kittony has been shortlisted for the position of Chair of the World Chambers Federation/International…
Egyptian Ashraf Sabry takes $1.5 million hit from Fawry stake
September 8, 2023
Egyptian Ashraf Sabry takes $1.5 million hit from Fawry stake
Egyptian fintech founder Ashraf Sabry has seen the market value of his stake in Fawry for Banking Technology and Electronic…
UK announces Ksh.9 billion financing deal for climate change In Africa
September 4, 2023
UK announces Ksh.9 billion financing deal for climate change In Africa
African countries have received a financial boost as they gear up the fight against climate change.This includes a Ksh.9 billion…