Kenya’s Devices Assembly Plant Sells 360k Devices in First Year
The East Africa Device Assembly Kenya (EADAK) sold 360,000 devices since its launch in October last year, according to disclosures ...
Uganda-Tanzania Oil Pipeline Faces Funding Hitches
Climate activists opposed to the East African Crude Oil Pipeline (EACOP) have pressured six western banks to cease their funding ...
Exclusive: JPMorgan CEO Jamie Dimon Speaks on Africa’s Growth Potential
Mid this month, JPMorgan Chase, the largest bank in the United States with more than $4.2 trillion in assets, marked ...
HF Group to Raise KShs 6bn in Rights Issue after CMA Nod
HF Group is seeking to raise up to KSh6 billion through a rights issue after approval by the Capital Markets ...
OP-ED: The ‘Silicon Valley Model’ Is Not to Blame for the Death of African Tech Darlings
I have just seen yet another complaint about how the mythical Silicon Valley model in Africa is responsible for startup ...
Kenya’s Economic Growth to Slow Down to 5.0% in 2024, 2025- IMF
Kenya's economic growth, as measured by Real GDP growth, will slow down from 5.6% in 2023 to 5.0% in 2024 ...
Kenya’s Economy in 2024: Challenges, Policy Shifts, and Investment Opportunities
Kenya’s economy in 2024 has been a story of shifting tides: a blend of economic pressures and growth prospects, policy ...
Africa Calls for US$ 120bn Development Fund, Reforms in Global Financial Structures
Africa is pushing for an additional US$15bn in funding for the International Development Association, after The World Bank and its ...
China, AU, SADC Call for an End to Sanctions on Zimbabwe on Anti Sanctions Day
China, the African Union, and the Southern African Development Community (SADC) have supported Zimbabwe's call for an end to sanctions, ...
Africa’s Financial Markets Expand in 2024 on Economic Recovery – Absa Group Survey
Africa’s financial markets have expanded at the fastest pace since 2017 due to the overall recovery of economies bouncing back ...