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 …
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Economy
- AgribusinessAgricultureEastern AfricaEconomyFinance & ServicesKenyaMarkets
Williamson Tea and Kapchorua Tea Post Sharp Profit Declines
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 …
- Eastern AfricaEconomyFinance & ServicesINVESTMENTKenyaTrade and CommerceWestern Africa
Kenya’s M&A Deals Drop Sharply But Bigger Transactions Boost Total Value in 2024
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 …
- AfricaAFRICA NEWSAgricultureBusiness and EconomyEastern AfricaEconomyMarketsNewsTrade and CommerceUGANDA
Uganda’s Coffee Exports Surge in May with Over 790,000 Bags Shipped
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 …
- AfricaAFRICA NEWSBanking, Finance & InvestmentEconomyFinance & ServicesGhanaGOVERNMENTNewsPoliciesWestern Africa
Ghana’s Parliament Approves $2.8 Billion Debt Restructuring Deal
Ghana’s Parliament has approved a $2.8 billion debt restructuring agreement with 25 bilateral creditor nations, a major milestone in the country’s efforts to navigate its deepest economic crisis in decades …
- AfricaEconomyEnvironmentManufacturingNigeria
International Breweries Shifts 95% of Products to Returnable Glass Bottles
International Breweries Plc, a subsidiary of AB InBev, has announced that more than 95 per cent of its product portfolio is now packaged in returnable glass bottles as part of …
- BusinessEconomyPoliciesTrade and Commerce
Stakeholders Push for Non-Oil Trade to Boost Nigeria’s Intra-African
Stakeholders in Nigeria’s trade sector are banking on the growth of non-oil exports to revitalise the country’s intra-African trade, despite a notable decline in export earnings to the continent. According …
- DevelopmentEconomyEducationFinance & ServicesGOVERNMENTNigeriaPoliciesWestern Africa
AfDB Warns Nigeria’s Economic Reforms at Risk Without Strong Institutions
The African Development Bank (AfDB) has raised concerns over Nigeria’s ability to achieve sustainable development despite recent bold policy reforms, citing persistent governance failures and institutional weaknesses as major roadblocks. …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyFinance & ServicesGOVERNMENTMarketsNewsPoliticsSouth Africa
South African Rand Flat After Political Fallout Over Deputy Minister’s Firing
The South African rand showed little movement in early trade on Friday, stabilising after sharp declines on Thursday, as political tensions between President Cyril Ramaphosa and the Democratic Alliance (DA)—his …
- BusinessEconomyGOVERNMENTNigeriaPoliciesTrade and Commerce
Shettima Urges Private Sector to Support Economic Reforms
Vice President Kashim Shettima has called on the organised private sector in Nigeria to actively support the Federal Government’s ongoing policy reforms aimed at stabilising the economy, creating jobs, and …