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Business and Economy
Covers economic trends, financial markets, startups, trade, inflation, employment, and policy decisions impacting Kenya and African economies.
Pictet Bank Opens South Africa Office
- By Black Hot Fire Network Team
- . February 16, 2026
Pictet, a privately owned wealth manager, has received regulatory approval to establish a representative office in South Africa. The move marks the firm’s first physical
Bank CEOs Discuss AI’s Impact on Workforce
- By Black Hot Fire Network Team
- . February 15, 2026
A recent survey by EY indicates that a majority of financial services CEOs do not anticipate significant workforce reductions due to the adoption of artificial
China’s Duty-Free Imports to Boost Kenya and African Economies
- By Black Hot Fire Network Team
- . February 15, 2026
China announced plans to eliminate tariffs on imports from almost all African countries. The move aims to bolster trade relations between Beijing and the African
AU Approves Nigeria’s Permanent Seat on African Central Bank
- By Black Hot Fire Network Team
- . February 14, 2026
Nigeria has secured a permanent seat on the Board of the African Central Bank, a development officials say places the nation at the center of
Nigeria Secures Permanent Spot on Central Bank Board
- By Black Hot Fire Network Team
- . February 14, 2026
Nigeria secured a permanent seat on the board of the African Central Bank during the ongoing 39th African Union Summit. Foreign Affairs Minister Yusuf Tuggar
Kenya and South Africa Address Cost of Living Concerns
- By Black Hot Fire Network Team
- . February 13, 2026
African governments are implementing new strategies to address declining consumer purchasing power and bolster economic confidence. Public discontent persists across the continent despite signs of
Kenya builds digital hubs for embassy trade promotion
- By Black Hot Fire Network Team
- . February 13, 2026
Kenya has launched two new digital platforms, BiasharaLink and Deal House, aimed at facilitating cross-border trade and investment across Africa. The platforms are intended to
Standard Bank’s African Markets Conference Draws Attendees
- By Black Hot Fire Network Team
- . February 12, 2026
Ecobank Nigeria has launched a new digital banking platform designed to assist business owners in Nigeria. The platform aims to reduce delays and operational inefficiencies
She Wins Africa and ASR Africa to Support Women Entrepreneurs
- By Black Hot Fire Network Team
- . February 10, 2026
The International Finance Corporation (IFC), in partnership with the Abdul Samad Rabiu Africa Initiative (ASR Africa), is expanding its She Wins Africa program to support
Access Bank Drives Africa’s Trade Vision Forward
- By Black Hot Fire Network Team
- . February 10, 2026
The Access Bank Africa Trade Conference recently highlighted a shift in perspective regarding Africa’s economic trajectory, moving beyond discussions of potential to a focus on