OP-ED: The Silicon Valley Model' Is Not to Blame for the Death of African Tech Darlings
I have just seen yet another complaint about how the mythical Silicon Valley model in Africa is responsible for startup deaths. Critics have offered this theory as a proverbial sin [...]
Kenya's Economic Growth to Slow Down to 5.0% in 2024, 2025- IMF
Kenya's economic growth, as measured by Real GDP growth, will slow down from 5.6% in 2023 to 5.0% in 2024 and 2025 respectively, the International Monetary Fund has predicted in [...]
Kenya’s Economy in 2024: Challenges, Policy Shifts, and Investment Opportunities
Kenya’s economy in 2024 has been a story of shifting tides: a blend of economic pressures and growth prospects, policy recalibrations, and an evolving investment landscape. While the first half [...]
Africa Calls for US$ 120bn Development Fund, Reforms in Global Financial Structures
Africa is pushing for an additional US$15bn in funding for the International Development Association, after The World Bank and its donors said they would replenish the IDA with US$105 billion, [...]Africa's Financial Markets Expand in 2024 on Economic Recovery Absa Group Survey
Africa’s financial markets have expanded at the fastest pace since 2017 due to the overall recovery of economies bouncing back from global shocks, according to a survey by Absa Group. [...]Somalia Wants Ethiopia Out of Next Peacekeeping Force
Mogadishu has reiterated its call for Ethiopia to not participate in the next phase of peacekeeping in Somalia, as the brewing conflict between the two neighbours escalates. Ethiopia's recent unilateral [...]
Why Social Engineering is Still the Top Cybersecurity Threat – and What to Do About It
Social engineering remains the most pervasive form of cyberattack for one reason – humans are easier to hack into than most machines. Exploiting our psychological, personality or behavioural weaknesses, cybercriminals [...]
Investors vs “Investors”
Most “investors” in Kenya have no incentive to make money. None. To accelerate growth in Africa, we need capital—not deployed from a firehose—but strategically placed by skilled capital allocators incentivized [...]
Fintech Holds the Keys to Overcoming Kenya's Grey Listing
Kenya is a bastion of financial technology innovation, having led the global revolution in mobile money. When news hit the airwaves in February 2024 that Kenya had been ‘grey-listed’ by [...]
How Prosecutors have Weakened the War on Corruption in Kenya
The Director of Public Prosecutions (DPP) wants to drop KSh 7.6 billion fraud charges against Asian businessman Yagnesh Devani and his company, Triton Petroleum Company, in the latest attempt by [...]CEOs Lament Q3’s Constraints to High Credit Costs, Low Consumer Demand- CBK Survey
A survey by the Central Bank of Kenya (CBK) reveals that only 34.4% of CEOs believe their companies recorded growth in Q3, while 19% of them stated the opposite. “A [...]Oil Prices Surge on Mounting Geopolitical Tensions
Oil prices surged by 9.1% last week, the biggest increase in a week since March 2023 following escalation of tensions in the Middle East that have spurred jitters of looming [...]
