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Inside the Largest Black-Owned Bank Merger in U.S. History
Business and Economy

Inside the Largest Black-Owned Bank Merger in U.S. History

Here are the stats you must remember: $1.3 billion. Ten locations across North and South Carolina. One historic merger. Two notable southern banks, Optus and

Kenya central bank holds key rate, growth forecasts unchanged
Business and Economy

Kenya central bank holds key rate, growth forecasts unchanged

A general view shows the Central Bank of Kenya headquarters building along Haile Selassie Avenue in Nairobi, Kenya November 28, 2018. REUTERS/Njeri Mwangi NAIROBI (Reuters) – Kenya’s

Can SHA Deliver Universal Care Without Breaking the Bank? – Health Business
Health/Eco News

Can SHA Deliver Universal Care Without Breaking the Bank? – Health Business

Kenya is betting more than $1.5 billion on a sweeping overhaul of how its citizens pay for and receive healthcare, replacing its long-standing national health

World Bank sees Kenya’s SHA reforms driving private hospital investment – Capital FM Kenya
Business and Economy

World Bank sees Kenya’s SHA reforms driving private hospital investment – Capital FM Kenya

NAIROBI, Kenya, Aug 7 – Kenya’s overhaul of public healthcare financing is emerging as a test of whether government reforms can unlock private investment in

Bank urges Africa to increase local funding for infrastructure projects
Business and Economy

Bank urges Africa to increase local funding for infrastructure projects

Dar es Salaam. Africa should scale up its existing financial institutions, deepen domestic capital markets and strengthen regional cooperation to meet its growing infrastructure financing

Nigerian billionaire Femi Otedola has spent about $300 million buying bank shares this year raising his First HoldCo stake to 26% as he targets a 51% majority takeover
Business and Economy

Nigerian billionaire Femi Otedola has spent about $300 million buying bank shares this year raising his First HoldCo stake to 26% as he targets a 51% majority takeover

The buying spree is increasingly looking like more than a portfolio investment. Otedola, whose business interests have ranged from energy and power generation to

South African Bank Stocks Priced For Better Days
Business and Economy

South African Bank Stocks Priced For Better Days

South Africa’s bond market is quietly telling a different story to the rating agencies, as government debt trades at investment grade levels and fiscal discipline

Kenya seeks $450m World Bank emergency funding as war, weather risks grow
Business and Economy

Kenya seeks $450m World Bank emergency funding as war, weather risks grow

Kenya is in talks to secure about $450 million in emergency funding from the World Bank as the government races to protect the economy from

Politics

Kenya Seeks KSh58 Billion World Bank Lifeline As Iran War And El Niño Threaten Economy

The Government of Kenya is seeking about $450 million (approximately KSh58 billion) in emergency financing to help cushion Kenyans from the economic effects of the

AERC–World Bank Visiting Scholars Programme 2026: Research Fellowship for African Economist
Business and Economy

AERC–World Bank Visiting Scholars Programme 2026: Research Fellowship for African Economist

The African Economic Research Consortium (AERC) has opened applications for the AERC–World Bank Visiting Scholars Programme 2026, offering eligible researchers a unique opportunity to collaborate