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World Bank Backs Renewable Energy Push in Africa
Accelerating electrification in underserved rural and remote areas across Benin, Central African Republic, Liberia, and Sierra Leone WASHINGTON, June 22, 2026 – The World Bank
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 health financing, arguing that reducing
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. The deal between the Government
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 bigger foothold in the fast-growing
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 gauge railway project, the finance
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 programme scheduled for Q4, pulling
South Africans Take Huge Bets on Kenya’s lucrative Banking Business
South African banks are at the forefront of African lenders seeking for a foothold in Kenya’s lucrative banking business. A similar zeal is being displayed
Africa’s banking giants target Kenya as Absa deepens East Africa expansion
The latest move comes from South Africa’s Absa Group, which plans to spend about $238 million to increase its stake in Absa Bank Kenya
Trade and Financial Service Round-Ups
Kenya Kenya Urged to Improve Air Connectivity to Unlock Tourism Growth Speaking in Nairobi, World Travel and Tourism Council (WTTC) President and CEO Gloria Guevara said Africa’s tourism
Economy to grow up to 6.1% in 2026
Ghana’s economy is projected to expand by between 5.9 per cent and 6.1 per cent in 2026, supported by growth in gold mining, major infrastructure