Kenya Airways (KQ) has said that its’ aircraft leasing agreements have saved it billions of shillings in maintenance and operations costs. The national carrier said in a statement that leasing contracts …
Economy
- AviationBusinessEconomyKenya NewsTransportation & Logisitics
- Banking, Finance & InvestmentEconomyKenya NewsUncategorized
World Bank backs new push for debt restructuring amid Eurobond freeze
The World Bank has backed a push for countries like Kenya, which have been unable to borrow from international loan markets due to high-interest rates, to restructure their debts. The …
- AfricaAFRICA NEWSBusinessEconomyNewsNigeriaOil & GasWestern Africa
NNPC posts N674bn Profit After Tax For 2021
The Nigerian National Petroleum Company (NNPC) Limited on Tuesday declared a profit after tax of N674bn. The Group Chief Executive Officer of NNPC, Mele Kyari, in Abuja said the NNPC …
- BusinessEconomyFinance & ServicesMorocco
Moroccan Diaspora Remittances reach $6.5 Billion in the first eight month of 2022
Remittances from Morocco’s diaspora reached more than MAD 71.42 billion ($7.5 billion) in the first eight months of 2022. According to Morocco’s Foreign Exchange Office’s recent data, the number represents an …
- AgricultureBusinessEconomyKenya News
Climate change may drastically affect coffee production in Kenya this year
Extreme weather patterns as a result of global climate change may drastically affect coffee production in the country this year. According to experts, the patterns, ranging from Inadequate rainfall to …
Lenium, a Spanish renewable energy company, is partnering with a consortium of four Moroccan institutes to develop a solution for the production of water by capturing moisture from the air. …
- AfricaEconomyGlobal NewsNewsSouth AfricaSouthern Africa
UN goal to eliminate poverty, hunger, and gender inequality won’t be realised by 2030, a report shows
Seven years ago, the world set an ambitious target to reach UN Sustainable Development Goals (SDGs) by 2030. Halfway to that target year, however, nearly all indicators are off track. …
- EconomyKenya NewsTransportation & LogisiticsUncategorized
Kenya’s Government Moves To License Digital Taxi Hailing Firms
The National Transport and Safety Authority (NTSA) has given all digital taxi hailing firms 14 days to apply for licenses as Transport Network Companies. This follows the gazettement of the …
- AgricultureBusinessEastern AfricaEconomy
Government Lifts Ban on cultivation and importation of white GMO Maize in Kenya
The government has lifted the ban on Genetically Modified Crops following a Cabinet meeting chaired by President William Ruto. Consequently, the Cabinet approved the cultivation and importation of White GMO …
Turkish inflation jumped to a new 24-year high exceeding 83 percent in September, official data showed Monday, after the central bank cut interest rates despite surging prices. Turkey’s monetary policymakers …