African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
As once relatively wealthy Sri Lanka suffers a dire economic crisis with shortages of everything from medicines to gas, people are returning to cooking with firewood. The switch began at …
The Capital Markets Authority (CMA) has forced a US-based private equity to make a takeover offer to minority owners of Limuru Tea, including tycoon Joe Wanjui, in the wake of …
Agriculture Cabinet Secretary Peter Munya has defended the Sh2 maize import tax relief saying it is better than nothing. Speaking on the sidelines of the IGAD heads of state meeting …
The Kenya Bureau of Standards (KEBS) has called on local manufacturers and importers to conform to the 205 new standards which have been developed targeting various products to boost their …
M-Pesa virtual Visa card is undercutting Kenya’s commercial banks with lower foreign exchange rates in the race to get a larger share of the country’s cross-border payments market. The virtual …
Annual trade between Kenya and Tanzania crossed the Sh100 billion mark for the first time in President Samia Suluhu’s tenure in office, signaling improved ties between the two neighbouring countries. …
Kenya’s imports from South Africa more than doubled in the first three months of 2022 after rising by 64 percent to Sh 17.7 billion from Shs10.8 billion reported during a …
Somalia said on Sunday it had awarded licences to two foreign banks as the troubled Horn of Africa nation opens up the industry to international lenders. State-owned Banque Misr of …
Kenya’s economy continues to recover from the effects of the COVID-19 pandemic after its GDP grew by 6.8 percent in the first three months of 2022 aided mainly by the …
Government securities and fixed deposits in banks offered Kenyan investors the highest returns in the first half of the year as listed shares took a beating in the wake of …
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