The Eastern Africa Grain Council (EAGC) has received a $2 million grant from TradeMark Africa to eliminate trade barriers for exporters in three East African countries. The grant is part …
Eastern Africa
- AfricaAFRICA NEWSEastern AfricaKenyaKenyan News
Kenyan banker Gideon Muriuki spends $1.2 million acquiring new Co-op bank shares
by Editorby EditorGideon Muriuki, CEO of Co-operative Bank of Kenya, purchased 14.6 million shares worth Sh173 million ($1.2 million) in the first half of 2023, boosting his ownership to a two-percent stake in …
- AFRICA NEWSBanking, Finance & InvestmentEastern AfricaKenyaKenyan News
Nigerian billionaire Olugbenga Agboola’s Flutterwave to invest $50-million in Kenya
by Editorby EditorSan Francisco and Lagos-based fintech giant Flutterwave, led by Nigerian tech billionaire Olugbenga Agboola, has unveiled plans to inject $50 million into Kenya, fueled by mounting confidence in the imminent …
- AfricaAFRICA NEWSEastern Africa
Launch of electronic tracking system in Burundi to enhance cargo security and increase government revenue
by Editorby EditorThe Burundi Revenue Authority (OBR) has launched a regional centre for electronic cargo tracking in Burundi thanks to the support of TradeMark Africa to the tune of $212,000. This will …
- AFRICA NEWSEastern Africa
Burundi: African Development Bank’s 2019-2023 Country Strategy Paper impactful, says evaluation team
by Editorby EditorThe African Development Bank Group has expressed satisfaction with the implementation of its Country Strategy Paper for Burundi for 2019-2023 based on an evaluation by a Bank team led by …
- AFRICA NEWSEastern AfricaEconomyUncategorized
Somalia’s economic potential under the spotlight
by Editorby EditorSomalia’s economic potential has been under the spotlight for the past two days at a gathering of the Somali government, international partners, local entrepreneurs and foreign firms, with the goal …
- Eastern AfricaINVESTMENT
Ethiopia’s bond market poised for transformation with new trading platform
by Editorby EditorIFC, Authority partnership to birth Ethiopia’s secondary bond market Ethiopia’s bond market is at a turning point as authorities prepare to introduce a new secondary trading platform. This disruption comes …
Sour relations between the Democratic Republic of the Congo (DRC) and its tiny neighbour, Rwanda, are now hurting the regional Assembly business. Lawmakers from DR Congo have allegedly boycotted a …
Vietnam’s economy grew by eight percent in 2022, driven by strong exports and retail sales, authorities said on Thursday. Growth in the communist nation stuttered at around three percent for …
- Banking, Finance & InvestmentBusinessEastern AfricaKenya
Horwegian Firm Wakandi Gets CBK Nod To Offer Online Payment Services
Norwegian start-up Wakandi has secured a regulatory licence from the Central Bank of Kenya (CBK) to provide digital payment services. The payment service provider (PSP) license will enable the firm …