Kenya has lost about $15.5 million in tobacco exports after British American Tobacco (BAT) shutdown its operations in Khartoum following deadly war in the country. BAT’s plant in Khartoum, Sudan, which sourced unprocessed tobacco from Kenya for cigarette production, shut down soon after violent clashes broke out between the Sudanese army and a paramilitary group…...
Trending
- DRC reaches milestone in dispute over Manono lithium
- Nigeria: Zenith Bank becomes the top bank in terms of market capitalization after a more than 70% increase
- Africa Specialty Risks appoints Mary Driscoll as Regional Head for Southern Africa
- DRC: Veron Mosengo-Omba officially announces his candidacy for the Congolese Football Federation (Fecofa) after hours of suspense
- Capitec: 23% increase in profit, boosted by credit growth
- Morocco: Resumption of cereal production and 15% rebound in agricultural GDP
- Public finances: Senegal is progressing but debt is hindering the future
- Jean-Christophe Bonnois appointed at the head of the Nouakchott Coastal Development Company
Kenya loses $15.5 million after BAT shutdown operations in Sudan amid civil war
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com