Kenya’s exports to Tanzania grew the sharpest among all East Africa Community (EAC) markets in the six months to June 2022. Kenya’s exports to Tanzania jumped the highest by 46% …
Economy
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Nigerian tech startups raised Over $2b in 7 years, the highest on the continent
The Nigerian startup ecosystem has recorded a significant amount of growth in terms of investments, with Lagos taking the lead. According to a report, about 383 Nigerian tech startups raised a …
- AfricaAFRICA NEWSEconomyNewsSouth AfricaSouthern Africa
SA inflation dips to 7.6% in August, the lowest monthly change since January
South Africa’s headline consumer inflation fell to 7.6% year on year in August, data showed on Wednesday, suggesting inflation may have peaked in annual terms at 7.8% the previous month. Inflation …
- AfricaAFRICA NEWSEconomyEnergyNewsSouth AfricaSouthern AfricaTrending Today
Record blackouts leave South Africa struggling for energy fix
The most severe blackouts in South Africa’s history have left the government struggling for ways to mitigate their impact on businesses and livelihoods, with efforts to buy more power from …
In a bid to offset the sharp drop in Morocco’s cereal harvest, the North African country’s imports of soft wheat from France are forecasted to stand at 4.5-5 million tones …
Morocco is currently home to Africa’s third-largest luxury market, with a total of $125 billion in private wealth, says a new report from the consulting firm Henley & Partners. In …
- AgricultureBusinessEconomyKenya NewsUncategorized
Kenya’s Avocado rejected in Norway Over Contamination Claims
The Norwegian authorities have raised an alarm over Kenyan avocados after two packages of the product were claimed to contain high doses of pesticide chlorpyrifos that exceed the permitted limit value. …
- BusinessEconomyFinance & ServicesKenya News
KEBS payed Japanese Firm To Verify all second-hand Motor Vehicles Imported into the country
The Kenya Bureau of Standards (KEBS) has settled on a Japanese firm for the verification of all second-hand motor vehicles, spare parts and mobile equipment that will be imported into …
The High Court has stopped the use of the SportPesa brand in Kenya’s gaming business amid shareholder fights in a ruling that deals a blow to Milestone Games Ltd that …
- Banking, Finance & InvestmentEconomyKenya NewsOil & Gas
KCB Injects Ksh 120 Billion to support Oil Marketing Companies as Govt Phases out Fuel Subsidies
KCB Bank Kenya has injected over Sh120 billion to support Oil Marketing Companies (OMCs) importing fuel as it seeks to consolidate its support to the energy sector. The facility is also …