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Kenya’s Risk-Sharing Model Boosts Green Investment
Business and Economy

Kenya’s Risk-Sharing Model Boosts Green Investment

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
Business and Economy

Anzens and Credit Bank Consider Stablecoin Banking in East Africa

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
Business and Economy

Egypt projects 4.3% growth in FY2025/26 World Bank says

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
Business and Economy

Africa’s Priorities at World Bank Conference in Washington

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
Business and Economy

IMF World Bank meetings highlight developing nations

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
Business and Economy

Kenya’s Political Funding System Faces Scrutiny

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
Business and Economy

World Bank Recognizes Ghana’s Fiscal Reforms in Africa

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
Business and Economy

World Bank unit adopts portfolio approach after $100 billion reached

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
Business and Economy

Kenya Implements Digital Tax SMEs Prepare for Changes

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
Business and Economy

KE0000000398 Navigates Challenges in Kenya’s Banking Sector

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