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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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Egyptian fintech Blnk secures $37 million to expand consumer lending across underserved markets
- By Black Hot Fire Network Team
- . June 9, 2026
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
- By Black Hot Fire Network Team
- . June 8, 2026
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,
- By Black Hot Fire Network Team
- . June 8, 2026
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
- By Black Hot Fire Network Team
- . June 7, 2026
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
- By Black Hot Fire Network Team
- . June 7, 2026
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
- By Black Hot Fire Network Team
- . June 6, 2026
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
- By Black Hot Fire Network Team
- . June 6, 2026
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
- By Black Hot Fire Network Team
- . June 5, 2026
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
- By Black Hot Fire Network Team
- . June 5, 2026
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
- By Black Hot Fire Network Team
- . June 4, 2026
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