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Ethiopia Secures World Bank Board Leadership Role
Business and Economy

Ethiopia Secures World Bank Board Leadership Role

Sandokan Debebe will take office on November 1 as Ethiopia assumes the deputy executive director position for the Africa Group 1 constituency. Ethiopia has secured

News: World Bank assures Uganda on delayed projects
Business and Economy

News: World Bank assures Uganda on delayed projects

The World Bank vice-president for Eastern and Southern Africa, Dr. Ndiamé Diop, has explained delays in implementation of various projects in Uganda and assured the

World Bank, IMF Warn of 800 Million Global Jobs Deficit
Business and Economy

World Bank, IMF Warn of 800 Million Global Jobs Deficit

The projection represents a slowdown from 3.5 per cent growth in 2025, while the global economy is expected to recover to 3.4 per cent in

Broken promise: Double-digit pump price hikes push Kenya's inflation to the brink
Business and Economy

Broken promise: Double-digit pump price hikes push Kenya’s inflation to the brink

President William Ruto’s pledge to shield Kenyans from the global oil shock has collapsed after the energy regulator imposed double-digit fuel price increases. Premium

CRDB Bank inks USD 75 Million long-term financing facility
Business and Economy

CRDB Bank inks USD 75 Million long-term financing facility

CRDB Bank has signed a USD 75 million long-term financing facility with the Dutch Entrepreneurial Development Bank and launched its Sustainable Development Impact Disclosure Framework.

Tanzania supports World Bank strategy to help countries create job for young people
Business and Economy

Tanzania supports World Bank strategy to help countries create job for young people

BANGKOK: THE Minister for Finance, Ambassador Khamis Mussa Omar, has said Tanzania supports a special World Bank strategy to help member countries develop plans and

Kenya to host global energy conference targeting Green Investment and Industrial Growth
Business and Economy

Kenya to host global energy conference targeting Green Investment and Industrial Growth

NAIROBI, Kenya, Oct. 15, 2026: Kenya will host an international energy conference in November aimed at addressing a central challenge for Africa’s clean energy ambitions: securing

Wetang’ula directs probe into crypto firm’s Kenya operations
Business and Economy

Wetang’ula directs probe into crypto firm’s Kenya operations

The National Assembly Finance and National Planning Committee has been directed to investigate the operations of QVSE, which is offering investment opportunities to Kenyans by

Kenya & Tanzania’s Rail Race Targets Africa's Trade through Uganda, Rwanda, DRC
Business and Economy

Kenya & Tanzania’s Rail Race Targets Africa’s Trade through Uganda, Rwanda, DRC

Kenya and Tanzania are racing to build rival rail corridors connecting East Africa’s landlocked economies to the Indian Ocean. Kenya has restarted construction of the

Kenya Development Corporation puts green finance at the centre of development investment strategy
Business and Economy

Kenya Development Corporation puts green finance at the centre of development investment strategy

3 Kenya Development Corporation (KDC) has unveiled a Sustainability and Green Financing Strategy aimed at integrating climate considerations, sustainability standards and green investment principles into