Kenyan Construction Firm Joycot Banned From AfDB Projects Over Fraud
The African Development Bank Group has announced a 15-month debarment of Joycot General Contractors Ltd, a construction company registered under the laws of Kenya, effective September 8, this year. According [...]
Shelter Afrique signs Housing Deal with DRC
Shelter Afrique has signed a Memorandum of Understanding (MoU) with the government of the Democratic Republic of Congo (DRC) to scale up the development of large-scale affordable housing projects in [...]
Ruto Sustains Push for Debt Restructuring to Aid Development, Climate Action
President William Ruto has sustained push for debt restructuring for poor nations to promote meaningful development and support climate action initiatives. According to the International Monetary Fund (IMF) data as [...]IFC Ventures into Africa's Creative Industry with $3.4 Million Investment in ANKA
IFC’s $3.4 million equity investment, announced on Tuesday, into Côte d’Ivoire-based ANKA marks IFC’s first investment into Africa’s creative sector. The funding will allow ANKA, an online sales platform for African [...]
Internet Advertising in Kenya to Overtake TV Revenue From 2026
The revenue from Internet advertising is projected to overtake traditional TV from 2026, a new study by Price Waterhouse Coopers indicates. In Kenya, rapid gains in internet advertising will mean [...]President Ruto Joins U.S-Kenya Business Roadshow in San Francisco
Kenyan President William Ruto will take center stage today at the U.S.-Kenya Business Roadshow in San Francisco, California. The event, organized by the U.S. Government's Prosper Africa initiative and the [...]Rwanda Eyes Financial Hub Status With Laid Down Reforms to Attract Investors
Rwanda is betting on financial sector services to grow its economy, with laid down reforms to attract investors into the country. Currently, the financial sector contributes 3 per cent to [...]Flutterwave to invest $50 million in Kenya
Flutterwave, Africa's largest fintech company, has announced plans to invest $50 million in Kenya once it receives regulatory approval from the Central Bank of Kenya (CBK). The investment will be [...]Shelter Afrique Pushes for Climate-Resilient Housing
Shelter Afrique, a Nairobi-based pan-African housing development financier Shelter has implored African governments to adopt climate-resilient housing and create incentives for the production of well-located affordable housing that minimizes construction [...]Smith Aegis: Five Years of Innovation, Excellence, and Lionhearted Ambition
In a landscape where innovation reigns supreme, Smith Aegis PLC stands tall as a beacon of creativity and excellence. Founded by the visionary Eric Waibochi, this company epitomizes the spirit [...]
EAC Gears for Launch of Regional Digital Integration Project
The East Africa Community (EAC) is getting ready for the launch of the Eastern Africa Regional Digital Integration Project (EA-RDIP). The project is a vital regional initiative that is set [...]Nairobi Declaration; African Leaders Call for Global Support to Address Climate Crisis and Economic Challenges
African leaders have taken a bold stance on the global stage, highlighting the urgent need for equitable solutions to the climate crisis and economic development. While closing the three day [...]
