The US Embassy in Nairobi has set the official date when the 90-unit gated estate valued at Ksh5.5 billion will be opened for occupation. The multi-billion housing estate dubbed OBO …
Eastern Africa
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Uganda has commissioned a $200 million iron ore smelting plant, which will help the region reduce its reliance on scrap metal, billets, and coils for raw materials. Tembo Steels Uganda …
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Nairobi has placed a restraining order on the multi-billion betting industry, backed by legislative proposals to ban gambling to five-star hotels and casinos, imposing a four-year jail term or a …
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Ethiopia on Tuesday announced plans to ease restrictions on foreign banks making investments in the country, opening the door for Kenyan lenders to set up operations in the populous nation. …
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Sudanese and Ethiopian families who won a lottery allowing them to move to the US have sued the government over delays in processing their entry visas. The 12 families in …
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Standard Chartered Bank Kenya has launched a money market fund that allows consumers to invest as little as Sh1,000. The investing option is available through the bank’s digital platform SC …
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Kenya and Uganda have made a decision to construct a marshalling yard at the Malaba border, in order to decongest one of the region’s busiest transboundary crossings. Officials confirmed this, …
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Audit and consulting firm Deloitte East Africa has appointed Anne Muraya as its new chief executive effective June 1. She becomes the first woman to hold the position when she …
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AfricaEastern AfricaPress Releases
13 million people facing severe hunger as drought grips the Horn of Africa
The Horn of Africa is experiencing the driest conditions recorded since 1981, with severe drought leaving an estimated 13 million people across Ethiopia, Kenya, and Somalia facing severe hunger in …
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Equity has updated its USSD service, which now offers a unified service across mobile networks as well as a better user experience. Safaricom, Airtel, Telkom, and Equitel customers in Kenya …