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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’s Risk-Sharing Model Boosts Green Investment
- By Black Hot Fire Network Team
- . April 24, 2026
Kenya’s financial sector is undergoing a significant transformation, spurred by innovative risk-sharing models and increased international collaboration. These developments are particularly focused on boosting green
Anzens and Credit Bank Consider Stablecoin Banking in East Africa
- By Black Hot Fire Network Team
- . April 23, 2026
Anzens, a provider of a USDA stablecoin backed by the US dollar and enabled by cross-border payments infrastructure, has announced a partnership with Credit Bank
Egypt projects 4.3% growth in FY2025/26 World Bank says
- By Black Hot Fire Network Team
- . April 22, 2026
Egypt’s economic growth is projected to moderate in the near term, according to the World Bank’s latest Macro Poverty Outlook report. The report also addresses
Africa’s Priorities at World Bank Conference in Washington
- By Black Hot Fire Network Team
- . April 15, 2026
The World Bank/IMF Spring Meetings are underway, and a rapidly growing forum is gaining prominence in shaping Africa’s engagement with the global economic system. The
IMF World Bank meetings highlight developing nations
- By Black Hot Fire Network Team
- . April 14, 2026
Global financial leaders are convening in Washington, D.C. this week for the International Monetary Fund (IMF) and World Bank Group Spring Meetings. The meetings are
Kenya’s Political Funding System Faces Scrutiny
- By Black Hot Fire Network Team
- . April 13, 2026
Manyatta Member of Parliament Gitonga Mukunji has accused the highest office in the land of financing violent political mobilization, often referred to as ‘goons.’ This
World Bank Recognizes Ghana’s Fiscal Reforms in Africa
- By Black Hot Fire Network Team
- . April 12, 2026
Ghana is recognized by the World Bank as one of a few African economies expected to see significant improvements in primary fiscal balances between 2024
World Bank unit adopts portfolio approach after $100 billion reached
- By Black Hot Fire Network Team
- . April 10, 2026
The Multilateral Investment Guarantee Agency (MIGA), a part of the World Bank Group, has reached a significant milestone, exceeding $100 billion in total guarantee issuance
Kenya Implements Digital Tax SMEs Prepare for Changes
- By Black Hot Fire Network Team
- . April 9, 2026
Kenya’s economy is undergoing a significant shift as the Kenya Revenue Authority (KRA) implements its Electronic Tax Invoice Management System (eTIMS). This transition, now central
KE0000000398 Navigates Challenges in Kenya’s Banking Sector
- By Black Hot Fire Network Team
- . March 15, 2026
NCBA Group, a leading banking group in Kenya (ISIN: KE0000000398), is facing challenges related to rising non-performing loans and broader economic pressures. These factors are