Browsing: Aside

African Trade and Investment Development Insurance (ATIDI) is eyeing entry into the Northern and Southern African countries led by Egypt,…...

The African Development Bank Group (AfDB) is exploring a new currency model that is backed by African minerals to mitigate…...

Official data from the Kenya National Bureau of Statistics (KNBS) published on Friday (31.01.25) show inflation rose from three per…...

In a move to bolster private sector growth and support Small and Medium-sized Enterprises (SMEs) in Côte d’Ivoire, the ECOWAS…

From left to right : Eng. Sultan Abdulrahman Al-Marshad – CEO of SFD, Dr. Sidi Ould Tah – President of BADEA,…

London-based Actis has sold Java House, East Africa’s coffee chain to two private equity firms, a new notice shows.  According…...

South Sudan’s central bank has threatened to terminate Stanbic Bank’s licence in a dispute concerning millions of dollars that were…...

Several passengers are stranded at the Jomo Kenyatta International Airport in Nairobi after airlines suspended flights to Somalia over high…...

First order of business for newly inaugurated United States President Donald Trump has been to enact a 90 day pause…...

Curtains close for East Africa’s automotive powerhouse CMC Motors Group after announcing it is closing its operations in Kenya, Uganda…...

Kenya-based venture capital firm Purple Elephant has secured $4.5 million in seed capital, making it one of Africa’s biggest rounds…...

The World Bank has suspended its funding to Gabon once again due to payment arrears from its earlier loans. Gabon’s…...

Frelimo party’s Daniel Chapo has been sworn in as Mozambique’s fifth president after a disputed election that left several casualties…...

East Africa received the most funding from startup investors for the second year in a row, attributed to more investment…...

Donald Trump, the United States President-elect has appointed a former special air service (SAS) soldier who rescued hostages during the…

(1 USD = 125.82200 ETB) Ethiopia inaugurated a stock exchange on Friday, January 10, 2025, marking the effective return of…...

Several companies have exited Zambia and Zimbabwe due to currency instability and challenging economic conditions. Among the latest firms to…...

Nairobi, January 10, 2025 – The Alliance for a Green Revolution in Africa (AGRA) has announced the appointment of Alice…...

Kenya has agreed to a treaty that will see increased scrutiny of multinationals that have been taking advantage of tax…...

Tanzania’s central bank has maintained it benchmark rate at six percent in the latest review, holding it for the third…...

Dakar, Senegal, December 23, 2024 – To support the tourism sector and create jobs in West Africa, IFC today announced a…

Kenya’s economic growth slowed in the third quarter of last year from the same period in 2023, marking the lowest…...

Kenya Airways share will resume trading after a five year suspension from the Nairobi Securities Exchange, following the overturn of…...

Kenya and Ethiopia are among the most indebted countries in East Africa. Analysis of data from the International Monetary Fund…...

The year 2024 was characterized by high interest rates and inflation which saw many companies exit the region with others…...

Tanzania’s National Development Corporation (NDC) is inviting bids for the establishment of a soda ash processing plant at Engaruka Basin…...

By Abshir Aden Ferro, CEO Fort Roche Group Somalia has officially excluded Ethiopia from the African Union Support and Stabilization…

Monday, December 30th, 2024 – Small capitalisation stocks at the Nairobi Securities Exchange (NSE) unexpectedly emerged as the leading gainers…...

The list of the 100 personalities we present in this issue is, in itself, a summary of Africa in 2024…

Access Bank Plc has raised $228 million in a rights issue from 17.8 billion ordinary shares as it embarks on…...