AfricaNenda Pushes Digital Payment Frontier in Five African Markets
AfricaNenda, a nonprofit backed by the Gates Foundation, has accelerated digital payment systems development in five African markets including Rwanda, Cabo Verde, Mauritania, South Sudan, and the Central African Economic [...]
Kenya Ranks Third in Africa for Women’s Economic Inclusion
Kenya now ranks third in Africa for women’s financial and economic inclusion, according to the 2025 African Women’s Inclusion Index (AWII). Kenya scored 86.1 in financial inclusion, driven by its [...]
Donald Trump's Trade War Sends African Equities Tumbling
African stock markets slumped this week as renewed global trade tensions, triggered by U.S. President Donald Trump’s sweeping new tariffs, roiled global financial markets. From Johannesburg to Casablanca, investors fled [...]South Africa Lobbies Kenya for AfDB Presidency
South Africa is seeking Kenya's support for its candidate, Bajabulile Swazi Tshabalala to replace the outgoing African Development Bank (AfDB) President Dr. Akinwumi Adesina. Pretoria deployed its Special Envoy, Ayanda [...]
Kenya Has Over 4,300 Hotel Rooms in Pipeline Amid Africa’s Hospitality Boom
Kenya has 4,344 hotel rooms in development across multiple projects, placing it sixth in Africa’s hotel construction rankings as the continent experiences record-breaking growth in hospitality investments. “According to the [...]Digital Bank Umba Raises US$5mn Debt to Expand Asset-Backed Lending in Kenya
Digital bank, Umba, has raised a US$5 million debt facility to scale its secured lending operations in Kenya, underscoring a growing interest among African neobanks toward sustainable, long-term credit products. [...]Zimbabwe Starts US$308M Compensation for Dispossessed White Farmers
Zimbabwe has started its white farmer compensation programme, issuing $308 million in bonds and cash to farmers who lost land in the 2000 reforms. In 2000, then-President Robert Mugabe led [...]How One Kenyan Woman is Brewing Hope Amid the World’s Coffee Shortage
The global coffee industry is facing challenges with prices of the commodity soaring to levels not seen since 1970s, driven by persistent supply concerns in key growing regions such as Brazil [...]
PwC Exits Nine African Countries in Strategic Shift
PricewaterhouseCoopers (PwC) has announced the separation of its member firms in nine African countries, marking a significant shift in its regional strategy. “We remain deeply committed to Africa and will [...]Court Rules Meta Can Be Sued in Kenya Over Hate Speech in Ethiopia Violence
The High Court has ruled that Facebook's parent company —Meta—can be sued in Kenya over allegations that its algorithms amplified hate speech that fuelled ethnic violence in Ethiopia. Abrham Meareg [...]Why Foreign Flower Farms in Ethiopia are Shifting to Kenya, Uganda
Some foreign-owned flower firms are now shifting their operations from Ethiopia to Kenya and Uganda as conflict in the Amhara region disrupts Ethiopia's horticulture sector. “The closure of our Kunzila [...]National Oil Companies Across Africa are Exploring New Financing Models
In March, the National Oil Corporation of Kenya (NOC) signed a non-equity investment partnership with Rubis energy, joining a growing list of state-owned oil companies on the continent in exploring [...]
