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Business and Economy
Covers economic trends, financial markets, startups, trade, inflation, employment, and policy decisions impacting Kenya and African economies.
Kenya to double power imports from Ethiopia to meet demand
- By Black Hot Fire Network Team
- . May 22, 2026
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
- By Black Hot Fire Network Team
- . May 21, 2026
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
- By Black Hot Fire Network Team
- . May 5, 2026
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
- By Black Hot Fire Network Team
- . May 4, 2026
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
- By Black Hot Fire Network Team
- . May 3, 2026
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
- By Black Hot Fire Network Team
- . May 2, 2026
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
- By Black Hot Fire Network Team
- . May 1, 2026
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
- By Black Hot Fire Network Team
- . April 29, 2026
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
- By Black Hot Fire Network Team
- . April 28, 2026
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
- By Black Hot Fire Network Team
- . April 27, 2026
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