INVESTMENT

The Somali business community in the region is looking to explore trade opportunities in Uganda at the first ever business summit between the two countries to be held in Kampala. …

German outdoor power tools manufacturer The Stihl  Group is set to establish its East African hub in Kenya. The subsidiary dubbed Stihl East Africa will be servicing clients in Kenya, …

Investec, a bank that focuses on high-net-worth individuals in South Africa, will spend as much as £100,000 ($121,520) a year on each of its executive directors’ personal security as crime …

Car dealers will be required to reveal the identity of buyers and their sources of income if Treasury proposals seeking to seal loopholes for the money laundering and flow of …

The United States says it will invest an additional $55 million in Nigeria’s agricultural sector to support food security. The US embassy and consulate in Nigeria disclosed this in a …

The President of the Democratic Republic of Congo, Félix Tshilombo, has invited international investors to tender bids for the country’s oil and gas blocs as the government moves to diversify …

The Africa Finance Corporation (AFC) says it is in talks with the Angolan government to provide a $1 billion funding commitment to support the country’s rail, power and natural resources …

Turkish manufacturing conglomerate which is putting up an investment project at the Naivasha Special Economic Zone commissioned by the President on Tuesday, is set to create about 2,900 jobs locally. …

Foreign investor outflows at the Nairobi Securities Exchange surged more than six times to Sh10.8 billion in the quarter ended June 2022, as the foreigners sought safer investment destinations amid …

Centum Investment Company shareholders are set to receive a Sh391 million dividend payout after the firm narrowed its losses by 2 per cent in the year ended March 2022. The …