Business and Economy

Bank urges Africa to increase local funding for infrastructure projects

Dar es Salaam. Africa should scale up its existing financial institutions, deepen domestic capital markets and strengthen regional cooperation to…

4 weeks ago

Kinshasa: Kinshasa is growing faster than almost any city in Africa, but its population boom is not making people richer | World News

Representative Image of daily life on a bustling Kinshasa street amid fast-paced urban expansion (AI-generated image) Kinshasa, the capital of…

4 weeks ago

Beyond trade: Kenya, China use music to strengthen relations

Kenyan and Chinese leaders during the launch of Season Two of China-backed musical talent show, Sing for Africa at Argyle…

4 weeks ago

Nigerian billionaire Femi Otedola has spent about $300 million buying bank shares this year raising his First HoldCo stake to 26% as he targets a 51% majority takeover

The buying spree is increasingly looking like more than a portfolio investment. Otedola, whose business interests have ranged from…

4 weeks ago

South African Bank Stocks Priced For Better Days

South Africa’s bond market is quietly telling a different story to the rating agencies, as government debt trades at investment…

4 weeks ago

Trade and Financial Services Round-Up

Kenya  Gov’t Maintains Sugar Import Ban and Import Licence Freeze for Traders  Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe…

4 weeks ago

Kenya seeks $450m World Bank emergency funding as war, weather risks grow

Kenya is in talks to secure about $450 million in emergency funding from the World Bank as the government races…

4 weeks ago

Airtel Kenya new CEO Jibril Tobe on rising above the competition

After serving in Airtel’s smaller West African markets of Chad and Congo (Brazzaville), Jibril Tobe was tapped as Kenya CEO…

4 weeks ago

Kenya’s private sector growth hits 6-month high as economy recovers

Employees at an apparel firm in Kenya at workKenya's private sector returned to growth in July for the first time…

4 weeks ago

AERC–World Bank Visiting Scholars Programme 2026: Research Fellowship for African Economist

The African Economic Research Consortium (AERC) has opened applications for the AERC–World Bank Visiting Scholars Programme 2026, offering eligible researchers…

4 weeks ago