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Business and Economy
Covers economic trends, financial markets, startups, trade, inflation, employment, and policy decisions impacting Kenya and African economies.
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World Bank Unveils Up to $100bn Support Package as Middle East Crisis
- By Black Hot Fire Network Team
- . June 14, 2026
The World Bank Group has announced plans to provide up to $100 billion in financing support to developing countries over the next 15 months as
Mauritania and World Bank Expand WARDIP Programme to Include AI Infrastructure and Skills
- By Black Hot Fire Network Team
- . June 13, 2026
Mauritania and the World Bank have agreed to provide additional financing under the West Africa Regional Digital Integration Program to expand its scope to include
Finance Bill 2026 Tests Kenya’s Investment Climate
- By Black Hot Fire Network Team
- . June 13, 2026
Long-term investment decisions often depend on a simple assumption: the rules governing business operations will remain reasonably predictable. That assumption resurfaced during discussions around the
Kenya to complete Kshs 2.4B Maritime Survival Training Center by December
- By Black Hot Fire Network Team
- . June 12, 2026
Bandari Maritime Academy (BMA) is on track to complete a Ksh 2.4 billion Maritime Survival Training and Certification Center by December 2026, a facility officials
South Africa banks chase underserved mid-sized businesses to drive growth
- By Black Hot Fire Network Team
- . June 12, 2026
Key Points South Africa’s biggest banks face growing competition for large corporate clients Look to win more clients from once ignored medium-sized companies Nedbank, Investec
CBK Warns Global Inflation Surge Could Threaten Kenya’s Economic Gains | Dawan Africa
- By Black Hot Fire Network Team
- . June 11, 2026
Kenya, June 11 2026 – Kenya’s monetary authorities have warned that rising global inflationary pressures, largely driven by surging energy costs and ongoing geopolitical tensions,
FNB named Africa’s best SME bank
- By Black Hot Fire Network Team
- . June 11, 2026
First National Bank (FNB) has been named Africa’s Best SME Bank for 2026 at the Global Finance Awards, recognising its support for small and medium
Africa faces $59bn debt strain, World Bank warns
- By Black Hot Fire Network Team
- . June 10, 2026
Sub-Saharan Africa’s economic recovery is holding steady, but rising debt-servicing pressures, geopolitical shocks, and structural weaknesses are increasingly clouding the region’s medium-term outlook, a new
Ruto markets Kenya as gateway to Africa trade
- By Black Hot Fire Network Team
- . June 10, 2026
President William Ruto, when he attended a meeting in Oslo, Norway, on June 9, 2026/PCS President William Ruto used the Norway-Kenya business forum in Oslo
The Interview – Albert Zeufack ,World Bank Division Director for Angola, Burundi, The DRC and São Tomé and Príncipe : « The best, the single most important way to reduce poverty is creating jobs. »
- By Black Hot Fire Network Team
- . June 9, 2026
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