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Egyptian fintech Blnk secures $37 million to expand consumer lending across underserved markets
Business and Economy

Egyptian fintech Blnk secures $37 million to expand consumer lending across underserved markets

The raise includes a $12.5 million Series A equity round led by Algebra Ventures. SANAD Fund for MSME, Endeavor Catalyst and Emirates International Investment

Ruto begins Europe tour to woo investors, expand Kenya exports
Business and Economy

Ruto begins Europe tour to woo investors, expand Kenya exports

NAIROBI, Kenya, June 7 – President William Ruto has left for a week-long tour of Europe aimed at attracting foreign investment, expanding market access for

Kenya protests against US Ebola facility about economy,
Business and Economy

Kenya protests against US Ebola facility about economy,

The main news item in African media this past week has been the controversy surrounding a proposed United States-funded Ebola quarantine facility in Kenya. What

Second to none: Standard Bank eyes top spot in East Africa
Business and Economy

Second to none: Standard Bank eyes top spot in East Africa

Story audio is generated using AI Standard Bank is aiming to be the largest bank in East Africa by 2030, a region that’s home to

Absa faces major investor backlash after awarding new CEO a $9 million pay package to leave rival Standard Bank
Business and Economy

Absa faces major investor backlash after awarding new CEO a $9 million pay package to leave rival Standard Bank

The backlash erupted at the bank’s annual general meeting, where 43.37% of shareholders voted against the implementation report detailing how Absa applied its remuneration

South Africa, Kenya Push for Stronger Economic Ties to Drive Africa’s Growth – Medafrica Times
Business and Economy

South Africa, Kenya Push for Stronger Economic Ties to Drive Africa’s Growth – Medafrica Times

South Africa and Kenya have pledged to deepen trade, investment and industrial cooperation, with Presidents Cyril Ramaphosa and William Ruto calling for greater economic integration

FG, World Bank Launch Digital Farming Advisory Platform to Boost
Business and Economy

FG, World Bank Launch Digital Farming Advisory Platform to Boost

The Federal Government has unveiled plans to create economic opportunities for 37,000 women and youths across Nigeria’s dairy value chain as part of efforts to

South Africa and Kenya push to turn African integration into industrial growth – The Mail & Guardian
Business and Economy

South Africa and Kenya push to turn African integration into industrial growth – The Mail & Guardian

President Cyril Ramaphosa speaks at South Africa-Kenya Business Forum in Midrand. (DTIC/X) While presidents Cyril Ramaphosa and William Ruto spoke of industrialisation, investment and African

How the IMF squeezes Africa to keep Ukraine’s war economy alive – The Mail & Guardian
Business and Economy

How the IMF squeezes Africa to keep Ukraine’s war economy alive – The Mail & Guardian

The World Bank and IMF have exposed the political nature of scarcity. Deficits receive permission when they serve Western strategy. When Russian Foreign Ministry spokesperson

Thinking about agricultural trade between South Africa and Kenya
Business and Economy

Thinking about agricultural trade between South Africa and Kenya

There is room to expand agricultural trade between South Africa and Kenya, especially in grains. Kenya isn’t yet a bigger agricultural export market for South