he Central Bank of Kenya (CBK) has announced plans to raise KSh 50 billion through the reopening of two infrastructure bonds to support the country’s growing financial needs. The move …
Ethiopian Airlines has emerged as the biggest cargo carrier on the African continent, now controlling a whopping 35 percent of the cargo market, according to a new report from the …
Kenya is gearing up to tap its biggest publicly listed companies, Safaricom and the government‑owned Kenya Pipeline Company (KPC), to fund its Sh4.24 trillion budget for the 2025/26 financial year, Finance …
The government of Kenya has unveiled its budget for the 2025/2026 financial year, with a total value of KSh 4.29 trillion, which is about $32.8 billion. This marks the first …
The African Export-Import Bank (Afreximbank) has announced it facilitated a record USD 32 billion in international trade payments for Ethiopian businesses in 2024, through its AfPAY Trade Payment Services platform. …
Econet Wireless Zimbabwe, the country’s top telecoms and digital services company, has recorded a strong comeback after years of pressure, posting a ZWG2.3 billion profit for the financial year ending …
Gas-producing companies in Nigeria have renewed calls for the Federal Government to urgently address the N2.7 trillion legacy debt owed to them for gas supplied to electricity generation companies (GenCos). …
Nigerdock, the developers of Snake Island Integrated Free Zone (SIIFZ) in Lagos, have officially announced the establishment of Transocean Coatings FZE, a new affiliate of Transocean Coatings Nigeria Limited. The …
South African telecommunications giant Telkom has returned to the dividend table after a four-year hiatus, following a strong performance that saw full-year headline earnings jump by 62.3%. The company, which …
Rwanda is set to open its first eco-industrial park for building materials in Rwamagana District, located in the eastern part of the country. The new park will focus on producing …