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Business and Economy
Covers economic trends, financial markets, startups, trade, inflation, employment, and policy decisions impacting Kenya and African economies.
Uganda Central Bank Maintains Rate Amid Inflation, Growth
- By Black Hot Fire Network Team
- . February 9, 2026
The Bank of Uganda (BoU) has decided to maintain its Central Bank Rate at 9.75% during its Monday meeting. This rate has been consistent since
Standard Bank to Host Conference on African Policy and Investment
- By Black Hot Fire Network Team
- . February 9, 2026
Standard Bank Corporate and Investment Banking will host the second annual African Markets Conference in Cape Town, South Africa, from February 22 to 24, 2026.
ECOWAS, African Development Bank Discuss Regional Integration
- By Black Hot Fire Network Team
- . February 8, 2026
The Economic Community of West African States (ECOWAS Commission) and the African Development Bank (AfDB) recently concluded a high-level consultation meeting focused on extending the
Cryptocurrency Recovery Services Listed for Kenyan Investors
- By Black Hot Fire Network Team
- . February 8, 2026
Cryptocurrencies continue to reshape finance, and in 2026, the risks of scams, hacks, and lost access credentials are significant. Recovering lost or stolen digital assets
South Africa, African Export-Import Bank Announce USD8 Billion Program
- By Black Hot Fire Network Team
- . February 7, 2026
South Africa has formally joined the African Export-Import Bank (Afreximbank), marking a significant milestone for both institutions. This accession makes South Africa the 54th state
Standard Bank to Host 2026 Conference on African Markets
- By Black Hot Fire Network Team
- . February 7, 2026
Standard Bank Corporate and Investment Banking will host the second annual African Markets Conference (AMC) from February 22 to 24, 2026, in Cape Town. The
Absa Considers Kenyan Bank Acquisitions Amid Regional Growth
- By Black Hot Fire Network Team
- . February 6, 2026
Absa executives recently concluded a three-day visit to Kenya, engaging with regulators and private sector representatives. The South African lender is exploring potential acquisition opportunities
World Bank hails country compacts as transformative
- By Black Hot Fire Network Team
- . February 5, 2026
The World Bank’s Anna Bjerde has embarked on a multicountry tour spanning Nigeria, Angola, Ethiopia, and Saudi Arabia as several of the bank’s flagship initiatives
Financial Sector Faces Opportunities and Challenges
- By Black Hot Fire Network Team
- . February 4, 2026
The banking and financial sector in the Horn of Africa States region operates within a complex environment characterized by diverse economic structures, varying state capacities,
Afreximbank Launches Trade Accelerator for Eight Startups
- By Black Hot Fire Network Team
- . February 3, 2026
African Export-Import Bank (Afreximbank) has selected eight startups for its inaugural Accelerator Programme, a three-month initiative designed to scale companies supporting intra-African trade and industrialization