Browsing: Aside

Tanzania’s central bank has scraped card payments fees and warns merchants against adding extra charges on these transactions. The country’s…...

December 19, 2024 The ECOWAS Bank for Investment and Development (EBID) has approved a total funding package of FCFA10 billion…

Kenya’s President William Ruto has implemented significant changes in his cabinet, reshuffling key positions and terminating the roles of two…...

Kenya’s President William Ruto has nominated some of former head of state’s men in his recent cabinet reshuffle. Dr Ruto…...

Kenya’s cabinet has approved the extension of the government to government oil deal with Gulf-based companies. In a dispatch on…...

Kenyan President William Ruto has expressed confidence that the US government will prolong the African Growth and Opportunity Act (Agoa)…...

In a landmark achievement, the Advisory Board of the African Sustainability Awards in partnership with United Nations Educational, Scientific and…

Ethiopia and Somalia have agreed to work together to solve Addis Ababa’s plans to build a port in Somaliland. In…...

The World Bank has downgraded Kenya’s growth projection for the year to 4.7 percent, levels matching the pre-pandemic slowed rate…...

Rabat, 11 December 2024 – The African Development Bank (AfDB) has signed a coordination agreement with Deutsche Bank and Société…...

Kenya Railways defaulted on a $1.3 billion loan from China Exim Bank used for the construction of the Mombasa-Naivasha Standard…...

Cairo, 10 December 2024 – Africa50, the pan-African infrastructure investor and asset manager, has announced a USD 15 million equity…...

By Balla Moussa Keita, special correspondent in Brussels. On 30 November 2024, at the Dome Eventhall in Brussels, an unprecedented…

McKinsey Africa will pay $122.85 million as fine to conclude a criminal investigation into a years- long bribery ring involving…...

The Central Bank of Kenya (CBK) has cut its base lending rate by 75 basis points to 11.25 percent. In…...

The President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), Dr George…

“Between Nigeria and France, there is a Special Relationship at a Special Time” On the sidelines of the State Visit…

Savannah Clinker Limited has withdrawn its bid for Bamburi Cement following arrest of its chairman and managing director, Benson Ndeta,…...

Carrefour’s closure of one of its stores in Kenya’s lake city of Kisumu comes amid stiff rivalry with Naivas supermarket…...

The African Development Bank has approved a EUR 200 million ($209.8 million) partial credit guarantee (PCG) to support Togo’s inaugural…...

Equity has signed a trade credit financing agreement with BpiFrance, the public investment bank of France, to strengthen support for…...

The General Commissioner of The Africa Road Builders – Trophée Babacar Ndiaye conducted a mission to Malabo, Equatorial Guinea, from…

President Ruto has directed 34 state agencies to join the E-Citizen platform or face disciplinary actions. The government agencies have…...

Kenya’s High court has ordered the government to reveal the contents of the Adani deals after President William Ruto’s pronouncement…...

John Mbadi’s first speech as Kenya’s Cabinet Secretary for National Treasury and Economic Planning was anchored on a raft of…...

On November 22, 2024, the inaugural session of the U.S.-Senegal Joint Economic Commission took place in Washington, D.C., marking a…

Kenya’s President William Ruto defended his administration’s record while delivering his second State of the Nation Address in Parliament on…...

Kenya could raise over $781 million (Ksh100.75 billion) nearly a third of Treasury’s target in the rejected finance bill, by…...

Kenya’s President William Ruto has cancelled with immediate effect any deals his government had with Adani Group following the indictment…...

Ecobank Transnational Incorporated (ETI), has issued a $400 million Eurobond on the London Stock Exchange (LSE) main market that will…...