Regions
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Kenya Now Considering Swap Deal to Refinance $2 Billion Eurobond as Deadline Looms
As Kenya faces a looming deadline to repay its maturing $2 billion Eurobond, it is considering a swap deal that…
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Tanzania Rescinds Decision to Suspend KQ Passenger Flights to Dar
Kenya has given Air Tanzania Company Limited the right to carry cargo between two foreign countries, starting from 16 January…
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Kenya, Tanzania Agree to Resolve Air Travel Restrictions
Tanzania and Kenya have agreed to swiftly resolve the recent tensions arising from passenger flight restrictions imposed by Tanzania. The…
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Tanzania Suspends Kenya Airways Flights Over Cargo Dispute
Tanzania has announced it will suspend all passenger flights operated by Kenya Airways (KQ) between Nairobi and Dar es Salaam…
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Microsoft Surpasses Apple in Market Valuation on AI Investment
Microsoft surpassed Apple to become the world’s most valuable company on Thursday, a feat not achieved since 2021, according to…
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KCB Bank Tanzania Mortage Portfolio Up Threefold to Ksh.3.8 Billion
KCB Bank Tanzania Limited has made significant strides in the Tanzanian mortgage market, increasing its outstanding mortgage book threefold to…
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African Billionaire Benedict Peters Unveils Plans for New Oil Pipeline
Aiteo Eastern Exploration and Production (E&P) Company, led by the renowned pan-African billionaire Benedict Peters, has unveiled bold plans for…
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Global Economic Slowdown Threatens Job Creation in 2024, Says ILO Report
The International Labour Organisation (ILO) has issued a warning in its latest report, “World Employment and Social Outlook Trends: 2024,”…
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Kenya Trails Tanzania, Uganda in GDP Growth Forecast in New IMF Report
The new International Monetary Fund (IMF) report indicates a positive growth trend for Kenya, with a projected GDP growth of…
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Egypt Pulls Out of GERD Talks, Accuses Ethiopia of intransigence
Egypt has announced its withdrawal from the negotiations on the Grand Ethiopian Renaissance Dam (GERD), a mega hydroelectric project that…
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