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Bank urges Africa to increase local funding for infrastructure projects
Dar es Salaam. Africa should scale up its existing financial institutions, deepen domestic capital markets and strengthen regional cooperation to meet its growing infrastructure financing
Kinshasa: Kinshasa is growing faster than almost any city in Africa, but its population boom is not making people richer | World News
Representative Image of daily life on a bustling Kinshasa street amid fast-paced urban expansion (AI-generated image) Kinshasa, the capital of the Democratic Republic of Congo,
Beyond trade: Kenya, China use music to strengthen relations
Kenyan and Chinese leaders during the launch of Season Two of China-backed musical talent show, Sing for Africa at Argyle Hotel in Nairobi on Friday/HANDOUT
Nigerian billionaire Femi Otedola has spent about $300 million buying bank shares this year raising his First HoldCo stake to 26% as he targets a 51% majority takeover
The buying spree is increasingly looking like more than a portfolio investment. Otedola, whose business interests have ranged from energy and power generation to
South African Bank Stocks Priced For Better Days
South Africa’s bond market is quietly telling a different story to the rating agencies, as government debt trades at investment grade levels and fiscal discipline
Trade and Financial Services Round-Up
Kenya Gov’t Maintains Sugar Import Ban and Import Licence Freeze for Traders Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has reaffirmed the government’s ban
Kenya seeks $450m World Bank emergency funding as war, weather risks grow
Kenya is in talks to secure about $450 million in emergency funding from the World Bank as the government races to protect the economy from
Airtel Kenya new CEO Jibril Tobe on rising above the competition
After serving in Airtel’s smaller West African markets of Chad and Congo (Brazzaville), Jibril Tobe was tapped as Kenya CEO a month ago, with the
Kenya’s private sector growth hits 6-month high as economy recovers
Employees at an apparel firm in Kenya at work Kenya’s private sector returned to growth in July for the first time in five months. This
AERC–World Bank Visiting Scholars Programme 2026: Research Fellowship for African Economist
The African Economic Research Consortium (AERC) has opened applications for the AERC–World Bank Visiting Scholars Programme 2026, offering eligible researchers a unique opportunity to collaborate