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Kenya Launches Fund to Boost Infrastructure and Citizen Benefits
Kenya has established the National Infrastructure Fund (NIF) to alter the government’s approach to financing large development projects like roads and airports. Previously, the nation
Kenya’s Neutrality Questioned After Ruto’s Gulf Remarks
President William Ruto addressed the recent missile strikes in the Gulf region in a statement released on March 2. The statement condemned the attacks targeting
China’s policy shift supports Kenyan manufacturers
Kenya’s manufacturing sector may see significant changes following announcements from China’s Two Sessions. Beijing has committed to becoming a leading export destination and implementing zero-tariff
M-Pesa Celebrates 19 Years as Kenya’s Leading Mobile Payment System
M-Pesa, launched in 2007, has evolved from a simple mobile money transfer tool into a core component of Kenya’s digital economy. The platform, operated by
African trade infrastructure improves since 2022 Standard Bank
African trade is experiencing a period of increased momentum, with improvements observed across infrastructure, business confidence, and macroeconomic stability. This is the first time since
South Africa Eyes 2026 World Cup Qualification Success
South Africa’s national men’s team, Bafana Bafana, has experienced increased brand value following their World Cup qualification. This success has prompted Standard Bank to establish
Bidvest Revives Bank Sale After Failed Access Deal
Bidvest, a B2B services, trading, and distribution group, has relaunched the process to dispose of Bidvest Bank. The previous sale to Access Bank did not
Nedbank Gains Approval for NCBA Stake Acquisition
Nedbank has secured regulatory approval to acquire a 66% stake in NCBA, a leading Kenyan bank. The transaction, valued at $855.5 million, represents a significant
Zimbabwe Introduces ZiG Currency to Stabilize Economy
Zimbabwe is introducing new notes featuring illustrations of the country’s “Big Five” wildlife, aiming to establish a clear national identity for its currency. Existing ZiG
European Investment Bank to Invest €3.1 Billion in Africa
The European Investment Bank (EIB) committed substantial funding to various projects across Africa in 2025, focusing on key economies and smaller states. A significant portion