Somalia has renewed its bid to join the East Africa Community (EAC), days after DRC Congo was admitted to the regional trade bloc. On Thursday, the country’s newly elected President …
Eastern Africa
African Export-Import Bank (Afreximbank) and the East Africa Business Council (EABC) have launched the EABC – Africa Trade and Investment Council, with the goal of creating a platform for engagement …
Kenya has disowned promises of a July tender made to Dubai Port (DP) World that would have allowed the UAE-based firm to offer a bid for development, operation and management …
Traders are seeking more than Sh175million from the government to cover the reduction of the cost of maize flour to Sh100. In a statement, the traders through the Retail Trade …
Inchcape Kenya has introduced the new Range Rover L460 into the Kenyan automotive market, adding to the significant array of luxury SUV’s the company offers under its Jaguar Land Rover …
The coffee auction at the Nairobi Coffee Exchange (NCE) recorded a 5% increase in prices, the second time in a row since the auction reopened last week after a one-month …
The International Monetary Fund (IMF) has set a fresh loan condition requiring Kenya to drop the fuel subsidy programme by October, exposing motorists to a sharp rise in pump prices. …
- AirtelEastern AfricaEconomyTelecommunicationsUncategorized
Airtel Money To Operate As A Separate Entity From Parent Telco
Airtel Money will now be operated as a separate entity from Airtel Networks Kenya Limited, the telecommunication firm has said. Following the business separation, Airtel Money Kenya Limited will take …
- BusinessEastern AfricaEconomy
Ghana Lawmakers Approves Plan to Borrow $750 Million Loan From Afreximbank
Ghana lawmakers approved a plan by the government to borrow up to $750 million from the African Export-Import Bank for the 2022 budget. The vote by the nation’s hung parliament removes …
Kenya has frozen plans by a Tanzanian billionaire to set up a gas plant and storage facilities at the Mombasa port, threatening a trade spat between the two neighbouring countries. …