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Abay Bank lists on Ethiopian Securities Exchange
Business and Economy

Abay Bank lists on Ethiopian Securities Exchange

The shares of Abay Bank S.C. were listed on the Main Board of the Ethiopian Securities Exchange (ESX) on 25 June and started trading at

Kenya in pact to reclaim Rwanda's fuel transit market
Business and Economy

Kenya in pact to reclaim Rwanda’s fuel transit market

Audio By Vocalize Kenya Pipeline Company storage facilities in Nairobi. [File, Standard] Kenya is looking to dislodge Tanzania as Rwanda’s main fuel transit route following

Absa Bank Kenya CEO Abdi Mohamed Resigns
Business and Economy

Absa Bank Kenya CEO Abdi Mohamed Resigns

Abdi Mohamed has resigned as Chief Executive Officer (CEO) of Absa Bank Kenya, just over three years after taking up the role on May 1,

Business and Economy

China approves Standard Bank, ICBC as joint RMB clearing bank for Africa

China”s central bank said on Friday that it has authorized Standard Bank, Africa’s largest lender, and the Industrial and Commercial Bank of China to jointly

Bank of China Approves a Yuan Clearing Hub Across 19 Africa Markets – BitKE
Business and Economy

Bank of China Approves a Yuan Clearing Hub Across 19 Africa Markets – BitKE

China has authorized Standard Bank Group Ltd. and Industrial and Commercial Bank of China (ICBC) to establish a Renminbi clearing network spanning 19 African countries,

Meet the business leader backing Kenya's affordable smartphone revolution
Business and Economy

Meet the business leader backing Kenya’s affordable smartphone revolution

As Kenya works to bring more people into the digital economy, one business leader is helping make smartphones more accessible through local manufacturing. Joshua Chepkwony,

[PHOTOS] Ruto leads Kenya in marking World MSME day at KICC
Business and Economy

[PHOTOS] Ruto leads Kenya in marking World MSME day at KICC

President William Ruto interacts with exhibitors during the 2026 World MSME Day celebrations at KICC, Nairobi/PCS President William Ruto on Saturday led Kenya in marking

China gives Standard Bank approval to clear yuan payment in 19 African countries
Business and Economy

China gives Standard Bank approval to clear yuan payment in 19 African countries

Africa’s largest lender, Standard Bank, has won approval by China to clear yuan payments across 19 African countries, in what financial analysts describe as major

World Bank’s $642 Million Skills Push Targets Africa’s Youth Employment Gap
Business and Economy

World Bank’s $642 Million Skills Push Targets Africa’s Youth Employment Gap

The World Bank Group has approved a major regional skills and employment programme for Western and Central Africa, setting up a new platform aimed at

Parliament seeks bigger say in control of Kenya's Sovereign Wealth Fund
Business and Economy

Parliament seeks bigger say in control of Kenya’s Sovereign Wealth Fund

The proposed Sovereign Wealth Fund  will collect and invest part of the government’s revenues from oil and mineral resources. [File, Standard] MPs are pushing for