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Business and Economy
Covers economic trends, financial markets, startups, trade, inflation, employment, and policy decisions impacting Kenya and African economies.
Inside the World Bank’s tough terms for new loans to Kenya
- By Black Hot Fire Network Team
- . July 5, 2026
The World Bank has set more than 10 conditions to unlock a new round of funding for Kenya, including the disclosure of the personal interests
World Bank warns $113 billion Gulf investment in Africa at risk amid Middle East conflict
- By Black Hot Fire Network Team
- . July 5, 2026
Investment momentum from the Gulf to Sub-Saharan Africa, worth about US$113 billion (Sh14.59 trillion), is at risk of slowing, the World Bank has said. This
Africa: World Bank Drops Climate Funding Target, Raising Fears for Africa
- By Black Hot Fire Network Team
- . July 4, 2026
The World Bank has abandoned its target of directing 45 percent of its financing to projects that help tackle climate change, prompting warnings that poorer
Absa Bank Kenya and Unilever sign KSh 4bn for SMEs finance
- By Black Hot Fire Network Team
- . July 4, 2026
Absa Bank Kenya and Unilever Kenya have signed an agreement for a KES 4 billion financing programme designed to address access to working capital, one
EIB defends climate ‘leadership’ after World Bank scraps financing target
- By Black Hot Fire Network Team
- . July 3, 2026
The European Investment Bank has reaffirmed its commitment to climate finance “leadership” after the World Bank was accused of bowing to US pressure by scrapping
Kenya faces AGOA test as US reviews Ruto’s governance record
- By Black Hot Fire Network Team
- . July 3, 2026
President Ruto and Donald Trump during the signing of a peace deal between DRC and Rwanda at the Donald J Trump United States Institute of
Absa steps up Kes 4billion push to back Kenya’s FMCG supply chain businesses – Financial Fortune Media
- By Black Hot Fire Network Team
- . July 2, 2026
Absa Bank Kenya and Unilever Kenya have signed an agreement for a KES 4 billion financing programme designed to address access to working capital, one
Five insights for building Africa’s inclusive prosperity
- By Black Hot Fire Network Team
- . July 2, 2026
For 15 years, the World Bank’s Africa Chief Economist Office and the Agence Française de Développement (AFD), coordinated by World Bank Publications, have worked together
Could phone-based insurance secure Kenya’s device financing boom?
- By Black Hot Fire Network Team
- . July 1, 2026
Two days after leaving hospital, Hellen Atieno returns to her grocery stall in Mariwa trading centre in Migori County, with more than just the fatigue
World Bank-backed programme to release $27 million in performance incentives to Nigeria
- By Black Hot Fire Network Team
- . July 1, 2026
The announcement was made on Tuesday in Abuja by the programme’s National Coordinator, Dr Assad Hassan, during a retreat attended by commissioners, permanent secretaries