Safaricom is beginning to feel the pressure in Kenya’s mobile money industry, as new data shows a steady drop in M-Pesa’s market share. For many years, M-Pesa has led the …
Kenya has achieved its highest-ever position in the global startup ecosystem rankings, bolstered by a rapid growth rate of over 30 percent — the fastest among countries ranked between 51st …
Ethiopia has officially opened its banking sector to foreign investors with a new directive that came into effect on June 25, 2025, allowing international banks to operate in the country …
Kenya’s national airline, Kenya Airways (KQ), has expanded its workforce by 8% in 2024, bringing the total number of employees to 4,705. This growth in staff came during a landmark …
Two of Kenya’s oldest tea producers, Williamson Tea Kenya Plc and its associate Kapchorua Tea Kenya Plc, have reported significant drops in profit for the financial year ending 31 March …
A Kenyan High Court has ruled in favour of security firm Wells Fargo Limited in a case involving the theft of KSh 47 million (about ₦253 million) during a 2019 cash …
Kenya recorded a significant drop in the number of mergers and acquisitions (M&A) deals in 2024, but the total value of those deals went up sharply, showing a shift in …
Uganda’s coffee exports surged in May 2025, buoyed by a successful main harvest in the Masaka and south-western regions, according to the latest report from the Uganda Coffee Development Authority …
The Government of Ethiopia has presented its ongoing urban development efforts at the BRICS Urbanisation Ministerial Forum, held in Brasilia, Brazil, according to a statement from the country’s Ministry of …
Ethiopia’s Prime Minister Dr. Abiy Ahmed has held high-level talks with the Commander of the United States Africa Command (AFRICOM), General Michael Langley, as both countries seek to strengthen military …