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Business and Economy
Covers economic trends, financial markets, startups, trade, inflation, employment, and policy decisions impacting Kenya and African economies.
South Africans Take Huge Bets on Kenya’s lucrative Banking Business
- By Black Hot Fire Network Team
- . June 21, 2026
South African banks are at the forefront of African lenders seeking for a foothold in Kenya’s lucrative banking business. A similar zeal is being displayed
Africa’s banking giants target Kenya as Absa deepens East Africa expansion
- By Black Hot Fire Network Team
- . June 20, 2026
The latest move comes from South Africa’s Absa Group, which plans to spend about $238 million to increase its stake in Absa Bank Kenya
Trade and Financial Service Round-Ups
- By Black Hot Fire Network Team
- . June 20, 2026
Kenya Kenya Urged to Improve Air Connectivity to Unlock Tourism Growth Speaking in Nairobi, World Travel and Tourism Council (WTTC) President and CEO Gloria Guevara said Africa’s tourism
Economy to grow up to 6.1% in 2026
- By Black Hot Fire Network Team
- . June 19, 2026
Ghana’s economy is projected to expand by between 5.9 per cent and 6.1 per cent in 2026, supported by growth in gold mining, major infrastructure
Kenya’s SMEs optimistic about growth-Mastercard Report
- By Black Hot Fire Network Team
- . June 19, 2026
Kenya’s small and medium enterprises (SMEs) are looking to the year ahead with confidence, with 66% optimistic about their business outlook and 70% expecting their
KNCCI and CCPIT Fujian Sign Trade Cooperation MOU
- By Black Hot Fire Network Team
- . June 18, 2026
The Kenya National Chamber of Commerce and Industry (KNCCI) and the China Council for the Promotion of International Trade (CCPIT) Fujian Committee today signed a
Ghana International Bank names chief executive
- By Black Hot Fire Network Team
- . June 18, 2026
Ian Greenstreet has been appointed chief executive of Ghana International Bank (GHIB). Greenstreet has more than four decades of experience working in financial services at
Kenya’s Finance Bill 2026 Enters Final Review Stage
- By Black Hot Fire Network Team
- . June 17, 2026
Kenya’s Finance Bill 2026 has entered a critical stage in Parliament after the National Assembly’s Departmental Committee on Finance and National Planning concluded stakeholder consultations
KPA, coastal counties line up Kenya’s first blue bond
- By Black Hot Fire Network Team
- . June 17, 2026
Capital market stakeholders, coastal counties and Kenya Ports Authority (KPA) are in a race against time to structure and market the country’s inaugural blue bond
AfDB and World Bank Expand Research Partnership for Africa
- By Black Hot Fire Network Team
- . June 16, 2026
The African Development Bank Group (AfDB) and the World Bank have agreed to deepen their collaboration on economic research and policy development aimed at addressing