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Kenya to double power imports from Ethiopia to meet demand
Business and Economy

Kenya to double power imports from Ethiopia to meet demand

Ethiopia’s Grand Renaissance Dam (GERD), Africa’s largest hydroelectric dam on the Blue Nile River in Guba, northwest Ethiopia.[AFP] Kenya plans to ramp up electricity imports

World Bank targets $23bn private capital push as Africa races to create jobs for booming youth population
Business and Economy

World Bank targets $23bn private capital push as Africa races to create jobs for booming youth population

The multibillion-dollar initiative, announced on Wednesday, May 20, 2026, will be driven through the bank’s newly consolidated Guarantee Platform, a financial risk-sharing mechanism designed

Rostam Urges Unified Trade System to Strengthen Kenya-Tanzania Relations
Business and Economy

Rostam Urges Unified Trade System to Strengthen Kenya-Tanzania Relations

Kenya and Tanzania Eye Unified Commercial System to Fuel Economic Growth DAR ES SALAAM, Tanzania – In a significant move to bolster regional economic integration,

Kenya's Economy Poised for 4% GDP Growth by 2026 as Inflation Cools
Business and Economy

Kenya’s Economy Poised for 4% GDP Growth by 2026 as Inflation Cools

Kenya’s GDP Projected to Surge 4% by 2026 as Inflation Eases, Boosting Market Confidence Kenya’s economy is poised for a significant upswing, with projections indicating

Kenya and Japan Strengthen Trade and Investment Partnership
Business and Economy

Kenya and Japan Strengthen Trade and Investment Partnership

Kenya and Japan Reaffirm Strong Partnership for Economic Growth Nairobi, Kenya – Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs, Musalia Mudavadi,

Nigeria's World Bank Debt Climbs to $2.08 Billion
Business and Economy

Nigeria’s World Bank Debt Climbs to $2.08 Billion

Nigerian Startups Shine at IHS Nigeria’s Inaugural Demo Day, Showcasing Innovation and Investment Potential Ilorin, Kwara State – Nineteen high-growth startups took center stage at

Kenyan Exports Gain Near-Total Access to China Market with 98% Tariff Reduction
Business and Economy

Kenyan Exports Gain Near-Total Access to China Market with 98% Tariff Reduction

Kenya Secures Expanded Market Access in China with New Zero-Tariff Agreement Kenya’s export sector is poised for significant growth following a landmark agreement with China

KfW Boosts German Investment in Africa as it Joins ATIDI
Business and Economy

KfW Boosts German Investment in Africa as it Joins ATIDI

KfW Development Bank Boosts German Investment in Africa with ATIDI Partnership Nairobi, Kenya – April 29, 2026 – In a significant move to strengthen economic

What's Holding Back Growth for MENA Businesses? Insights from Bank Al-Maghrib
Business and Economy

What’s Holding Back Growth for MENA Businesses? Insights from Bank Al-Maghrib

Key Constraints on Firm Growth in MENA Region Identified by Bank Al-Maghrib Study A recent working paper from Bank Al-Maghrib (BAM) has pinpointed political instability,

Airtel Money and Absa Kenya Partner to Boost SME Payments
Business and Economy

Airtel Money and Absa Kenya Partner to Boost SME Payments

Airtel Money and Absa Bank Kenya Partner to Streamline Payments for SMEs Nairobi, Kenya – Airtel Money, Kenya’s second-largest mobile money wallet, has announced a