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African Bank Names New Deputy Chief Executive
Business and Economy

African Bank Names New Deputy Chief Executive

African Bank has announced the appointment of Happy Ralinala as Deputy Chief Executive: Business and Commercial. This move aims to bolster the bank’s leadership team

Kenya Childcare Workers Face Low Wages, Rising Crisis
Business and Economy

Kenya Childcare Workers Face Low Wages, Rising Crisis

A significant portion of Kenya’s economy relies on childcare workers, primarily women, who enable other women to participate in the workforce. A recent report highlights

African nations receive funding from development banks
Business and Economy

African nations receive funding from development banks

Capital flows to Africa have decreased significantly due to shifts in funding from Western nations and China. These changes are creating challenges for African governments

Sterling Bank Supports Creative Economy with C.R.E.A.M Platform
Business and Economy

Sterling Bank Supports Creative Economy with C.R.E.A.M Platform

Sterling Bank hosted an industry event, “Co-Creating Financial Solutions for Nigeria’s Tourism, Arts and Creative Economy,” at the Sheraton Hotel in Ikeja, Lagos. The event

Treasury seeks parliamentary approval for investment tools
Business and Economy

Treasury seeks parliamentary approval for investment tools

The National Treasury has defended the country’s economic performance and urged Members of Parliament to expedite the approval of key financial instruments. These instruments are

Moody's raises Kenya's credit rating under Ruto
Business and Economy

Moody’s raises Kenya’s credit rating under Ruto

Kenya’s sovereign credit rating has been upgraded by Moody’s, a global ratings agency. This marks a second positive development for President William Ruto’s government within

Kenya’s Carbon Trade Needs Policy Stability
Business and Economy

Kenya’s Carbon Trade Needs Policy Stability

Kenya’s emerging carbon market requires incentives rather than punitive taxation to encourage meaningful participation in climate action, experts warn. This follows a recent Tax Appeals

Kenya anticipates stable growth despite global economic headwinds
Business and Economy

Kenya anticipates stable growth despite global economic headwinds

Kenya’s economy is projected to demonstrate resilience through 2026, according to the Mastercard Economics Institute’s latest outlook. The nation is anticipated to maintain economic momentum

Africa’s AI adoption slower than global average World Bank
Business and Economy

Africa’s AI adoption slower than global average World Bank

A recent World Bank survey indicates uneven adoption of artificial intelligence (AI) among businesses in emerging markets. The study, which examined over 2,200 companies across

African Banks Expand Operations in Kenya
Business and Economy

African Banks Expand Operations in Kenya

East Africa is rapidly emerging as a new battleground for Africa’s banking heavyweights, with Kenya at the center of an intensifying expansion race reshaping the