Maize, rice imports to arrive by August
The Kenyan government has endorsed the importation of additional 500,000 tonnes of white duty-free maize and 500,000 tonnes of rice...
Foreign
Tanzania in $161m loan deal with AfDB
Tanzania on Wednesday March 15, signed a loan agreement with African Development Bank (AfDB) amounting to $161.47 million (about Sh374.9...
Africa’s digital economy projected to rise as Nigeria launches I-DICE
The Investment in Digital and Creative Enterprises (I-DICE) programme was Tuesday launched in Abuja, Nigeria to further boost Africa’s digital...
Checking multiple shocks will grow Africa’s economy – ECA
The Economic Commission for Africa (ECA) said Africa’s economy could experience positive growth if its multiple shocks were adequately addressed....
Kenya suspends ban imposed on powder milk imports
Kenya has suspended a recent ban on the importation of milk powder into the country “to allow for the Dairy...
US firm joins rush for new lithium deposits in Tanzania
US company Titan Lithium Inc is seeking to consolidate its position in Tanzania following the discovery of lithium deposits south...
Saudi’s oil giant, Aramco nets $161bn
The Saudi Arabia oil giant, Aramco, has reported it made $161 billion from its operations in 2022. The largely state-owned...
Why East Africa refugees remain financially underserved
Properly integrating displaced populations within a host country’s financial system invites often thorny political issues and private sector players are...
Kenya Power secures one-year $196m debt moratorium
Kenya Power has secured a one-year extension for the repayment of Ksh25.12 billion ($196.25 million) owed to the government in...
Kenya to get $1bn World Bank loan
The World Bank Group has increased to Sh128.9 billion ($1.0 billion) a budget support loan for Kenya expected by June...
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