The Central Bank of Kenya Governor Dr. Patrick Njoroge has said there is sufficient foreign currency to meet demand, brushing off manufacturers who warned a shortage of dollars affects their …
Tea prices at the Mombasa auction below the set minimum price as demand remains subdued at the weekly trading with the onset of summer in key export markets. The price …
KenGen, Kenya’s energy company has issued a general invite for Bitcoin miners looking to take advantage of its renewable energy facility near the capital, Nairobi. The energy company reached out …
A Nigerian startup, HumanSquad automating immigration requests and processes, has raised an undisclosed amount in pre-seed funding. Tunde Omotoye, Co-founder and CEO of the company disclosed the news and says …
Beginning june 3, Swvl an Egyptian ride-hailing service says it will suspend the daily intra city rides in Kenya citing the global economic downturn. The firm which has operated since …
Kenya’s inflation rose to a new two-year record of 7.1 per cent in May as the cost of food and beverages continues to rise sharply partly affected by the war …
Central bank of Kenya unexpectedly raised its key interest rate for the first time in almost seven years to anchor inflation expectations as concerns about commodity prices build. The monetary …
Ethiopia and the World Bank have signed a pact for a grant of $300 million to assist reconstruction and recovery in conflict-hit areas, the finance ministry said. Fighting that erupted …
Pump prices have shot to historic highs, with a litre of super petrol and diesel jumping by Ksh5.50, signaling a further increase in the cost of basic goods and services. …
On Thursday, Arc Minerals said that Anglo American will take majority control of its Zambia copper cobalt exploration licenses. It marks the first new investment by Anglo in Zambia in …