Browsing: Aside

Nigeria’s Central Bank has raised its benchmark lending rate by 50 basis points to 27.5 per cent attributed to the…...

On September 25, 2024, the pan-African group AXIAN announced its entry into the capital of the Ivorian start-up WiASSUR, specialized…...

Kenya’s external borrowing next year is projected to fall to $1.29 billion from $2.76 billion in the current financial year…...

Ecobank Kenya lost millions of dollars between 2020 and 2022 following the failure of its card operations team to upload…...

The Executive Secretary of the Economic Commission for Africa (ECA), Claver Gatete, has emphasized the need for Africa’s youth to…

In a major development in African finance, just three days after acquiring the Access network, AFG Holding, a pan-African banking…

The European Union (EU) has announced fresh funding of $44.6 billion geared towards the construction of a pharmaceutical manufacturing hub…...

Uganda’s stock of domestic debt grew to $10.92 billion in June from $9.28 billion recorded in a similar period last…...

Khadija Komara is the new Director of Communications and Philanthropy at Africa Global Logistics. She succeeds Dieudonné Gaibai who is…

Kenya is yet to receive new funding from the International Monetary Fund, after a team from the lender concluded a…...

Kenya’s Treasury has cut its tax target for the next financial year by $2.59 billion amid public outrage that saw…...

Safaricom Plc has revealed it added 350,000 customers in the quarter to June 2024, according to new disclosures by the…...

Ten state-owned companies have been identified for listing on the Ethiopian Securities Exchange (ESX) later in the year or early…...

Kenyan aviation workers ended their strike after day-long protests on Wednesday that disrupted travel at various airports in the country…...

The African Trade and Investment Development Insurance (ATIDI) has announced a donation of USD 40,000 to Street Child to build…

Thousands of travellers have been stranded since Wednesday midnight at the Jomo Kenyatta International Airport (JKIA) after staff at the…...

Kenya’s high court has temporarily stopped a proposed deal for Adani Group- one of India’s largest conglomerates- to lease the…...

African leaders are signing deals with the Chinese government to benefit their countries at the ongoing China-Africa Conference summit happening…...

Nigeria’s business mogul Aliko Dangote has reclaimed his title as Africa’s richest man after losing it to South African billionaire…...

Moustapha Sow is a Senegalese financier who firmly believes that Africa should be built by Africans while acknowledging the need…

Lomé, 4 September 2024 The ECOWAS Bank for Investment and Development (EBID) has signed a €20 million Wakala Framework Agreement…

East African Breweries Limited (EABL) is looking to raise its stake in one of its Ugandan subsidiaries that will see…...

Chinese President Xi Jinping has pledged $50.6 billion in financial assistance to Africa over three years. Speaking during the China-Africa…...

The Consortium comprising IMPAXIS, Lead Arranger and Leader, Coris Bourse and EDC Investment Corporation, respectively Co-Arranger and Co-Leader, is delighted…

Kenya’s President William Ruto has met with his Chinese counterpart Xi Jinping ahead of the African summit in a bid…...

Kenya’s inflation rose slightly to 4.4 per cent in August from 4.3 per cent in the month before, attributed to…...

“In the context of the weakness of the international financial architecture, we must first mobilize internal savings and strengthen our…

The latest book by Carlos Lopes, a renowned economist, comes as a painful wake-up call. Titled ‘The Trap of Self-Delusion:…

The vaccines are set to arrive in the next few days according to WHO’s director general Mr Tedros Adhanom Ghebreyesus.…...

Harare, 29 August 2024 – The Eastern and Southern African Trade and Development Bank Group (TDB Group) has extended a…