Business and Economy

World Bank-backed programme to release $27 million in performance incentives to Nigeria

The announcement was made on Tuesday in Abuja by the programme's National Coordinator, Dr Assad Hassan, during a retreat…

3 weeks ago

Abay Bank lists on Ethiopian Securities Exchange

The shares of Abay Bank S.C. were listed on the Main Board of the Ethiopian Securities Exchange (ESX) on 25…

3 weeks ago

Kenya in pact to reclaim Rwanda’s fuel transit market

Audio By Vocalize Kenya Pipeline Company storage facilities in Nairobi. [File, Standard] Kenya is looking to dislodge Tanzania as…

3 weeks ago

Absa Bank Kenya CEO Abdi Mohamed Resigns

Abdi Mohamed has resigned as Chief Executive Officer (CEO) of Absa Bank Kenya, just over three years after taking up…

3 weeks ago

China approves Standard Bank, ICBC as joint RMB clearing bank for Africa

China"s central bank said on Friday that it has authorized Standard Bank, Africa's largest lender, and the Industrial and Commercial…

3 weeks ago

Bank of China Approves a Yuan Clearing Hub Across 19 Africa Markets – BitKE

China has authorized Standard Bank Group Ltd. and Industrial and Commercial Bank of China (ICBC) to establish a Renminbi clearing…

3 weeks ago

Meet the business leader backing Kenya’s affordable smartphone revolution

As Kenya works to bring more people into the digital economy, one business leader is helping make smartphones more accessible…

3 weeks ago

[PHOTOS] Ruto leads Kenya in marking World MSME day at KICC

President William Ruto interacts with exhibitors during the 2026 World MSME Day celebrations at KICC, Nairobi/PCSPresident William Ruto on Saturday…

3 weeks ago

China gives Standard Bank approval to clear yuan payment in 19 African countries

Africa’s largest lender, Standard Bank, has won approval by China to clear yuan payments across 19 African countries, in what…

3 weeks ago

World Bank’s $642 Million Skills Push Targets Africa’s Youth Employment Gap

The World Bank Group has approved a major regional skills and employment programme for Western and Central Africa, setting up…

4 weeks ago