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Afreximbank to Fund Levene Energy's Acquisition of a Minority Stake in Nigeria's Axxela Limited
The US$64mn facility will support Levene Energy's acquisition of a 30% equity stake in Axxela Limited, one of West Africa’s leading gas and power infrastructure companies.
African Football’s Future Hangs on the Choices of Its Fans
Every subscription, every pay-per-view ticket, every broadcast is more than a transaction, it is a vital link for African football.
How Kenyan Businesses Can Stay Resilient and Risk-Proof in 2026
With improving credit conditions and steady GDP growth, 2026 presents a critical window for businesses to fortify their foundations while actively positioning themselves for long-term expansion.
85% of Nairobi's Buildings Are Unsafe, Experts Say After South C Collapse
Nairobi’s construction sector is approaching a danger point, according to professional bodies in the building and engineering industry,
LAPTRUST Imara I-REIT Issues Profit Warning on Lower Rental Income
LAPTRUST Imara I-REIT has issued a profit warning, cautioning that earnings for the year ending December 31, 2025 will decline by at least 25% compared with the previous period, driven mainly by weaker gross rental income. The warning marks a shift from 2024, when operating performance improved sharply but results were weighed down by non-cash property valuation losses. The REIT said the outlook is based on management accounts to October 2025 and did not revise distribution guidance, placing focus on the durability of rental cash flows going into 2026.
Iran’s Economic Crisis Deepens as Protests Spread Beyond Cities
Iran’s deepening economic crisis, driven by a collapsing currency, soaring inflation and shrinking fiscal space, has triggered protests that have spread from beyond major cities. As economic grievances increasingly merge with political demands, the unrest highlights mounting pressure on the government’s ability to stabilize the economy and contain widening social discontent.
Mi Vida's Residential Projects Earn IFC EDGE Certification
Mi Vida Homes' residential projects have secured the EDGE (Excellence in Design for Greater Efficiencies) Preliminary Certification by the International Finance Corporation (IFC).
Zambia Eyes New IMF Program After Current Deal Expires
Zambia plans to negotiate a new financing programme with the International Monetary Fund after its current IMF arrangement expires this month, opting not to extend the existing deal. The move comes as the country prepares for elections later this year, with the timing and scope of a successor programme expected to reflect both ongoing reform commitments and rising political pressures.
Digital Credit is Anchoring Kenya's Small Businesses as Jobs Dry Up
Small businesses, supported by widening access to credit, are emerging as critical pillars of economic resilience across Kenya’s counties, cushioning households against unemployment
Health Insurance Uptake Remains Uneven as Kenya Shifts to SHA
Health insurance coverage is still uneven across Kenya’s counties, reflecting persistent income disparities, informality in employment and gaps in awareness,
NEMA Probes Planned Large-Scale Fertilizer Project in Olkaria
Kenya’s environmental regulator has invited public comments on a proposed large-scale green fertilizer and geothermal power project planned for Olkaria