Eastern Africa

The African Continental Free Trade Area (AfCFTA) Secretariat has secured $11.24 million grant from the African Development Bank to accelerate African intra-trade. The AfCFTA Secretariat, currently in phase II of …

Safaricom has partnered with education technologies firm Kodris Africa to promote the study of coding in the country by allowing the purchase of lessons on the M-PESA app. Customers can …

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 …

Microsoft on Tuesday said that its earnings in the recently ended quarter fell shy of expectations as personal computer sales suffered from production holdups in China and sagging demand. The …

Stanbic Bank Kenya is facing a Sh9.6 billion ($80 million) compensation claim after it froze and reversed funds in an account held by passenger and cargo carrier Air Afrik. The …

Base Resources, a Titanium miner in Kenya, saw its sales surge 44.7 pc to Ksh 10.8 billion in the fourth quarter ended June 30, 2022. The company says sales rose …

Oman has flagged the source of liquefied petroleum gas (LPG) shipped into Tanzania, raising fears that some of the cooking gas used in Kenya could be from sanctioned countries, including …

Airtel Kenya has spent Sh4.7 billion to acquire an additional 60 MHz spectrum in the 2600 MHz band as it seeks to expand its mobile network coverage in the country. …

The business climate in Germany worsened “significantly” in July, according to a key survey published Monday, as an energy crisis pushed Europe’s largest economy closer to a recession this year. …

The International Monetary Fund (IMF) wants tighter checks on bank transactions in Kenya amid growing concerns about money laundering by corruption networks. An appraisal report by an IMF team said Kenya should …