Lufthansa keen to cement East Africa market with Nairobi base
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Effective March 1 2023, Lufthansa Group appointed Kevin Markette as the new General Manager for the East African region.
This encompasses Kenya,...
Kenya moves to tackle dollar shortage as forex reserves hit 10-year low
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Usable foreign exchange were recorded at USD 6.56 billion last week, which is equivalent to 3.66 months of import cover.
The shilling...
SSA is the fastest growing market for recorded music revenue in 2022
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Sub-Saharan Africa recorded music market revenue grew by 34.7 percent in 2022 becoming the fastest growing market in the world.
SSA growth...
How the global banking crisis could prove to be good for markets
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Economic experts are of the view that the banking crisis that spooked investors and sent shockwaves around the world could ultimately...
Demand for avocados lifts Kenya’s Kakuzi profit to $6.4M
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Kakuzi Plc has posted a profit of $6.4 million for the financial year ended 31st December 2022, a 62 percent increase...
Germany avails €25 million to tackle East Africa drought – CAJ News Africa
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...
Tigo, Selcom and Mastercard launch online digital payment solution in Tanzania
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Tigo Tanzania, Selcom and Mastercard Inc. have partnered to introduce online payments on a global scale
The three parties have launched the...
GVL wins most supportive organization award
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Golden Veroleum Liberia (GVL) Inc. has won the Most Supportive Corporate Organization of the Year category in season 4...
Kenya allocates $514Mn for road improvements in 2023
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Kenya has allocated $514 million in road improvements across the country.
This is a 22.2 percent increase in the funds allocated for...
Technology Trasforming Logistics in East Africa
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In East Africa, cargo transportation costs are exorbitant, ranking among the highest globally
High logistics costs translate to expensive basic commodities like...
World Bank to open an office in Seychelles mid 2023
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Pswarayi-Riddihough met with President Ramkalawan on Tuesday. (Seychelles Nation)
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The World Bank is keen to open an office in the...
Kenya looking for $18 billion investment from UK investors
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Kenya’s Cabinet Secretary for Investment, Trade, and Industry Moses Kuria is leading a high-powered government delegation to London for the Economic...
World Bank to open an office in Seychelles by end of 2023
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Pswarayi-Riddihough met with President Ramkalawan on Tuesday. (Seychelles Nation)
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The World Bank is keen to open an office in the...
The loud part the IPCC said quietly
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Leading US-Africa Trade and Investments Initiative, Prosper Africa Partners with Africa Fintech Summit as...
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WASHINGTON DC, United States of America, 20 March 2022, /African Media Agency/- Africa Fintech Summit is pleased to announce Prosper Africa as...
Limited options for African Central Banks to tackle inflation, debt
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Major central banks in Africa are preparing to raise interest rates in order to combat persistent inflation and prevent a sell-off...
AfDB announced US$4 million grant for Liberia
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By Lewis S Teh The Board of Directors of the African Development Bank (AfDB) has approved a grant of...
NCBA, State Agency roll out affordable mortgage facility
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NCBA in partnership with the Kenya Mortgage Refinance Company (KMRC) has rolled out a home acquisition initiative that will enable Kenyans...
20 Years On, What Did the Iraq War Truly Cost?
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Originally published in OtherWords.
Most of us who were alive then remember where we were on the morning of the 9/11 attacks....
Morupule Coal Mine, Letshego commits $165M to Botswana SMEs
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Morupule Coal Mine (MCM) and Letshego Botswana have joined forces to support Micro and Small Entrepreneurs (MSEs) and drive Citizen Economic...
‘Budget not impactful’ – Liberia news The New Dawn Liberia, premier resource for latest...
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By Lewis S. Teh The Center for Transparency and Accountability in Liberia (CENTAL) says the National Budget for fiscal...
EU Investment Bank pumps $580M in Tanzania’s private sector
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The European Union Investment Bank (EIB) have agreed with commercial banks to unlock a whole new business financing valued at around...
Kenya’s First Community Bank Acquired by Somalian Lender
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Premier Bank Limited Somalia (PBLS) has completed the acquisition of a 62.5% shareholding of First Community Bank Limited (FCB) effective 27th...
Dusit International to Open Hotel-Serviced Apartment in Nairobi
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Bangkok-based hotel chain Dusit International has announced plans to open a hotel-serviced apartment in Westlands Nairobi in 2023 dubbed ‘Dusit Princes...
