Eritrea Criticises Western Press for Longstanding Smear Campaign'
Eritrea has criticised Western press for disproportionate negative coverage' and a longstanding and unwarranted smear campaign.' For years, the narrative surrounding Eritrea has been rife with distortion and simplification, largely [...]
Africa's Richest Man Aliko Dangote Doubles Down on Ethiopia Investments
The richest man in Africa, Aliko Dangote, will set up a second production line at his cement factory in Ethiopia increasing its capacity to 5 million tonnes per annum, [...]
Why Non-Oil Producing Countries Will Lead Sub-Saharan Africa's Growth in 2025
Non-resource-intensive economies such as Kenya, Ethiopia and Côte d'Ivoire are poised to outperform their peers especially oil producers in 2025 a recent report by BMI, a Fitch Solutions Company, [...]President Ruto Calls Out at Credit Rating Agencies for Financial Straitjacket'
Kenya has taken a swipe at global credit rating agencies for bias, linking them to $75 billion in lost opportunities to African countries. “We must be bold and call this [...]COMESA Ruling Faults Mauritius' 10% Import Duty on Edible Oils
The COMESA Court of Justice has faulted a 2018 decision by the government of Mauritius that imposed a 10% customs duty on imported edible oils without informing other member states, [...]Nigerian Fintech Raenest Raises US$11mn in Series A
Raenest, a Nigerian fintech with operations in Kenya, has raised US$11 million in its Series A round to invest in market expansion and product upgrades. Our journey over the [...]Fintech OAPay Expands Remittance Services to Kenya, Four Other Markets
OAPay, a fintech licensed in the UK and several states in the United States, has expanded operations to Kenya, Ghana, Nigeria, Uganda, and Tanzania. “Our mission is to provide the [...]Dr. Michael Atingi-Ego Appointed Governor of Bank of Uganda
Deputy Governor Dr. Michael Atingi-Ego, who has been acting Governor since the death of long serving governor Emmanuel Tumusiime-Mutebile in 2022, has been appointed Governor of the Bank of Uganda [...]KWAL Secures Distribution Deal for Namibia's Windhoek Beer
The Kenya Wine Agencies Limited (KWAL) will ramp up its market portfolio after bagging a deal with a Namibian distillery for the distribution of Windhoek beer in Kenya. Windhoek beer [...]DRC Crisis Summits are Facing a Mediation Nightmare
Last weekend, the East African Community (EAC) and the South African Development Community (SADC) met in Tanzania to find the best path to a sustainable political solution to the Eastern [...]
African Business Leaders Worry Over Shifting Regulations
African business leaders are more worried about changing regulations than their counterparts elsewhere across the world. “The regulatory environment still presents challenges, including complexity, inefficiencies, enforcement issues and potential reversals [...]Sub-Saharan Africa CEOs Project Improved Global Economic Growth in 2025
Amid global uncertainties, CEOs in Sub-Saharan Africa have increased optimism about the future of their businesses and the global economy, the PWC’s 28th Annual Global CEO Survey reveals. “Additionally, an [...]
