Economy

The coffee auction at the Nairobi Coffee Exchange (NCE) recorded a 5% increase in prices, the second time in a row since the auction reopened last week after a one-month …

The International Monetary Fund (IMF) has set a fresh loan condition requiring Kenya to drop the fuel subsidy programme by October, exposing motorists to a sharp rise in pump prices. …

Airtel Money will now be operated as a separate entity from Airtel Networks Kenya Limited, the telecommunication firm has said. Following the business separation, Airtel Money Kenya Limited will take …

Ghana lawmakers approved a plan  by the government to borrow up to $750 million from the African Export-Import Bank for the 2022 budget. The vote by the nation’s hung parliament removes …

Kenya has frozen plans by a Tanzanian billionaire to set up a gas plant and storage facilities at the Mombasa port, threatening a trade spat between the two neighbouring countries. …

Rice farming in Ahero irrigation scheme has peaked a notch higher after the National Irrigation Authority introduced mechanized rice harvesting to the local framers. Nyanza Regional Coordinator for the National …

The African Development Bank (AfDB) Group has approved a $134 million loan for the National Agriculture Growth Scheme – Agro Pocket program in Nigeria to scale up food production and …

Global demand for electricity is slowing sharply this year due to sluggish economic growth and runaway energy prices and the trend will likely continue next year, the International Energy Agency …

The United Nations has asked Kenya and other developing countries to regulate and tax the cryptocurrency industry to limit exposure to the meltdown in the crypto market and risks of …

Tobacco manufacturer BAT Kenya Plc has posted a Sh2.9 billion net profit for the first half of the year, a 7.4 per cent growth compared to Sh2.7 billion posted in …