Business and Economy

Parliament seeks bigger say in control of Kenya’s Sovereign Wealth Fund

The proposed Sovereign Wealth Fund  will collect and invest part of the government’s revenues from oil and mineral resources. [File,…

4 weeks ago

New Act to spur Kenya’s coffee renaissance

The assent of the new Coffee Act by President William Ruto marks a major turning point in Kenya’s agricultural and…

4 weeks ago

World Bank Warns of Stalling Recovery as Inflation Set to Climb Across Sub-Saharan Africa

Sub-Saharan Africa’s economic recovery is losing momentum, with the World Bank projecting growth will hold at 4.1 percent in 2026,…

4 weeks ago

6th Canada-Africa Business Conference Opens in Lagos, Headline Sponsored by Zenith Bank Plc

The Canada-Africa Chamber of Business (www.CanadaAfrica.ca) today opens the 6th Canada-Africa Business Conference in Lagos, Nigeria, headline sponsored by Zenith…

4 weeks ago

World Bank Backs Renewable Energy Push in Africa

Accelerating electrification in underserved rural and remote areas across Benin, Central African Republic, Liberia, and Sierra LeoneWASHINGTON, June 22, 2026…

4 weeks ago

Kenya ties local drug manufacturing push to health financing reforms – Health Business

Kenya’s government is tying its push to manufacture more medicines, vaccines and medical technologies locally to a broader overhaul of…

4 weeks ago

Kenya, Japan sign Ksh22B deal to expand local vehicle assembly

Kenya and Japan have unveiled a new Ksh22 billion financial facility primarily aimed at rapidly expanding Kenya’s young automotive industry.…

4 weeks ago

South Africa firms in Sh413bn swoop on Kenya blue-chips

South African companies are betting Sh413 billion on acquisitions in Kenyan blue-chip firms, seeing them as a platform for a…

4 weeks ago

Uganda says Islamic Development Bank approves R12.28bn loan

The Islamic Development Bank’s (IsDB) executive board has approved a €650.7m (R12.28bn) loan to Uganda to help finance its standard…

4 weeks ago

Why Morocco’s OCP is quietly becoming the world’s most strategic fertilizer producer in 2026

In early April, the company sitting on the world's largest phosphate reserves brought forward by six months a maintenance…

1 month ago