Mastercard Foundation announced a new investment in Kasha, a Rwandan female-focused e-commerce platform. Mastercard’s investment is the next step on a journey the organizations have been on since Kasha joined …
Eastern Africa
-
-
Business PoliciesEastern AfricaEnergy
President Kenyatta shares Kenya’s success in the development of renewable energy
The President of Kenya, Uhuru Kenyatta shares insights to the global community on how Kenya has successfully leverage technology, adopt the use of renewable energy and mitigate climate change. He …
-
Business PoliciesEastern AfricaHospitality, Travel & Tourism
Kenya signs trade, transport and security deals with DRC
Kenya has signed crucial agreements on transport, security and trade with the Democratic Republic of Congo, signalling a push to improve low figures of business between them. After a bilateral …
-
Tanzania’s coffee export increased in volume and value despite the market disruptions of the COVID-19 pandemic. From 2020 to the first quarter of 2022 coffee export earned the country a …
-
Financial institutions like commercial banks will be required to immediately give up the full rights to individual apartment buyers when they finish paying up their mortgages or loans under new …
-
Nairobi accounted for 75.8 per cent of Kenya’s billionaires, reflecting the county’s economic dominance over the other 46 devolved units created eight years ago to address the wealth imbalance, a …
-
The management of The Waterfront Mall in Karen has denied that the property and the 50 acres of land it is sitting on are up for sale. The move comes …
-
Banking, Finance & InvestmentEastern AfricaSouthern Africa
Tanzania overtakes South Africa as Kenya’s top remittance source
In the first quarter of 2021, the inflow of US dollar from other African countries into Kenya dropped to 65.9 percent placing Tanzania over South Africa as the biggest source …
-
Banking, Finance & InvestmentEastern Africa
Absa Bank Kenya Launches Its Asset Management Subsidiary
Absa Bank Kenya has launched the Absa Asset Management Limited (AAML), a subsidiary of the bank that will offer fund and wealth management solutions for its customers. The announcement comes …
-
Eastern AfricaEntrepreneurship
Kenyan agency banking startup Tanda secures funding to expand regionally
Kenyan agency banking startup Tanda has announced that is expanding its operations regionally after closing a funding round in February 2021 from HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota and …