Eastern Africa

The National Assembly has agreed to raise Kenya’s debt ceiling to Ksh 10 trillion from the current Ksh 9 trillion in what is aimed at giving the National Treasury allowance to borrow …

Access Bank has brokered a deal with the investment firm Centum Investment Plc to procure the 83.4 per cent interest the latter holds in Nairobi based lender Sidian Bank making …

Kenya’s business confidence continues to decline two months before the General Elections scheduled for August 8, the Stanbic Bank Purchasing Managers’ Index (PMI) has revealed, noting that the issue has …

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 …