Staff Reporter | The Kenyan Wallstreet | The Kenyan Wallstreet
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Dangote Outlines Plan to Grow Group Revenue to US$100bn
In its “Vision 2030: Supercharging Dangote Group for Long Term Success”, presented to Afreximbank's board and estimated to require at least $40 billion in new investments,
Afreximbank Commits US$10 billion to Shield African and Caribbean Economies
Afreximbank will avail US$10 billion under its Gulf Crisis Response Programme (GCRP) to insulate African and Caribbean economies, financial institutions and corporates from the impact of the ongoing Gulf crisis.
Ghana's Energy Chamber Pushes for Africa Energies Summit Boycott
DRC Budgets US$30mn for its Second Census
Kinshasa has mobilised US$30 million from the state budget for the census, while the Republic of Côte d'Ivoire pledged support for data collection equipment and knowledge exchange.
AfDB Outlook Report Projects Africa's GDP Will Grow by 4.5% GDP in 2027
Africa's real GDP growth is projected to stabilise at 4.3 percent in 2026 and grow further to 4.5 percent in 2027, the 2026 Africa Macroeconomic Performance and Outlook (MEO) report
Islamic Development Bank Institute (IsDBi) Launches ‘Essentials of Islamic Finance’ Book
The Islamic Development Bank Institute (IsDBI) has launched ‘Essentials of Islamic Finance’, a new book offering an in-depth analysis of the foundational principles of Islamic finance
Flutterwave Acquires a Microfinance Banking License in Nigeria
This license enables the company to hold funds and deposits directly, instead of partnering with other commercial banks to access national clearing and settlement systems.
Kenyan Surgeons Implant Pacemaker Without Surgical Blade in Regional First
Kenyan doctors have successfully conducted the first headless pacemaker procedure in Sub-Saharan Africa, expanding treatment options for patients with heart rhythm disorders
Afreximbank Underwrites US$ 2.5bn in Dangote Refinery's US$ 4bn Loan
African Export-Import Bank (Afreximbank) has underwritten US$2.5 billion in the US$4-billion senior syndicated term loan in favour of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP).
Afreximbank Raises US$ 2bn in Oversubscribed Three-Year Loan
The African Export-Import Bank (Afreximbank) has concluded a new three-year Dual Tranche Syndicated Term Loan Facility totaling US$2 billion equivalent.
Marriott Debuts in Cape Verde with Four Points by Sheraton São Vicente Resort
Marriott International has debuted in Cape Verde with Four Points by Sheraton São Vicente Resort, above Laginha Beach within the cultural hub of São Vicente.
Uganda Passes Law to Increase Magistrates’ Financial Jurisdiction
The reforms are meant to reduce case backlog in the High Court and positions chief magistrates as more central in handling commercial, land, family, and civil disputes that previously escalated to higher courts.
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