Citi Sees Lending Rates Easing, Kenya Opting for Eurobond Alternatives
The Kenyan market will soon start feeling the impact of Central Bank’s Monetary Policy’s recent action to cut lending rates, ...
Higher Taxes on Materials Weigh Down Construction Industry
A bag of cement this December costs about KSh 830 up from KSh 750 in December 2023 amid concerns that ...
IMF Deputy Chief Tackles Tax Backlash in Kenya Visit
International Monetary Fund Deputy Managing Director Dr. Nigel Clarke traveled to Kenya on his first overseas trip since joining Fund ...
World Bank Trims Kenya’s 2024 Economic Growth Outlook to 4.7%
The World Bank has downgraded Kenya’s economic growth forecast for the year to 4.7% from an initial 5% forecast in ...
Kenyan Accelerator Catalyst Fund Selected for KSh 33mn Climate Initiative
Catalyst Fund, a Kenyan pre-seed accelerator, will receive over KSh 33 million as it joins four other African VCs in ...
How Startups Can Position for Success During the African Tech Ecosystem’s Funding Winter
The global funding slowdown has particularly hit African startups hard, with venture funding seeing almost a 40% year-on-year decline when ...
Bolt Aggressively Makes Foray in Grocery Delivery with Launch of Bolt Market
Nairobi, Kenya, December 10, 2024: Bolt, a leading mobility platform across Africa and Europe, has officially launched Bolt Market, its new ...
TotalEnergies Kenya Issues Profit Warning on Higher Finance Costs
TotalEnergies Marketing Kenya has issued a profit warning for the full year ending 31st December 2024 citing higher finance costs ...
Push for GMO Products on Dining Table Gathers Momentum
The push for the adoption of Genetically Modified Organism (GMO) food products is on course as the National Biosafety Authority ...
AfDB Approves US$ 140mn for Eswatini Roads
The African Development Bank (AfDB) has approved a US $140.6mn loan for the Kingdom of Eswatini to improve road links ...