Africa Will Be the Last Frontier for New Discoveries Through 2060- Rystad Energy
Africa will host the majority of new discoveries in the oil and gas sectors, a senior partner at energy intelligence firm Rystad Energy said at the start of Africa Energy [...]
Bolt Unveils Safety Campaign With a Commitment of KSh. 14bn Over Three Years
Bolt will commit Sh14 billion over three years to support raising awareness of the Bolt safety features and scaling preventative measures to help prevent safety cases before they happen. Bolt’s [...]
Brazil's Petrobas Pursues More Oil Gas Projects in Southern Africa
Brazil's national oil company Petrobas, is pursuing 10 oil and gas opportunities in Angola, Namibia, and South Africa. “As we increase production, we increase the need for reserves. Brazil has [...]Pakistan's Meezan Bank Joins the International Islamic Trade Finance Corporation
Meezan Bank, Pakistan's largest Islamic bank, has partnered with the International Islamic Trade Finance Corporation (ITFC), a member of the multilateral Islamic Development Bank Group (IsDB). The Letter of Credit [...]Starlink to Increase Capacity as Demand Soars in African Cities
Satellite internet provider, Starlink, has halted new residential and roaming subscriptions in Nairobi, Kiambu, Machakos, Narok, Murang’a, and Nakuru due to overcapacity in its bandwidth. Starlink’s CEO, Elon Musk, has [...]
Kenya to Spend Ksh 648bn to Extend Standard Gauge Railway
The government is set to spend KSh 648 billion for the construction of phases 2B and 2C of the Standard Gauge Railway (SGR) in 2025 after meeting with a Chinese [...]54 Collective Founders' Safari: A Community Event About Building Connections for Future Growth
The 54 Collective Founder Safari was the first of three founder-oriented events scheduled for 2024. The investor hopes to take the concept to Cairo in early 2025, with additional events [...]Nigerian Fintech Moniepoint Raises US$110mn in Series C Round
Nigerian neobank Moniepoint has secured US$110 million in equity financing to expand its integrated financial platform and overall growth across its continental markets. “The proceeds from this raise will speed [...]5 Must Visit Art Galleries in Nairobi
Nairobi’s art scene is a growing hub for creativity, cultural expression, and global recognition. The capital city boasts of some of the most renowned art galleries in East Africa, showcasing [...]
Diaspora Inflows Dip by 2% in September
Money sent home by Kenyans living and working in the diaspora dropped by 2% in September compared to August partly owing to a slowdown in major economies. “The remittance inflows [...]Uganda-Tanzania Oil Pipeline Faces Funding Hitches
Climate activists opposed to the East African Crude Oil Pipeline (EACOP) have pressured six western banks to cease their funding pledges to the project, complicating its development. Now equity is [...]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 [...]
