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Another African billionaire has crossed the $20 billion mark, making him the 3rd person on the continent to do so
Currently, Nathan Kirsh, who began the year with $9.1 billion, now boasts a net worth of $20 billion according to Forbes’ real-time index, making
Presidential candidates face Sh6.1 billion campaign spending limit in 2027 general election
Presidential candidates will be allowed to spend up to Sh6.1 billion, while political parties will have a combined campaign spending limit of Sh24.45 billion in
Trump Administration Refunds About $100 Billion After Supreme Court Strikes Down Tariffs | Ukraine news
After a major court ruling, a massive payment process moved quietly through the government, raising fresh questions about who ultimately benefits. Washington, August 5 –
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
Kenya Has Paid Ksh7.7 Billion for Loans It Never Used
Welcome to the Money News Roundup. In today’s edition, we cover the Auditor-General’s report revealing that Kenya paid billions in fees for loans it never
African Development Bank and Standard Bank launch R5.4 billion SME funding deal
South Africa’s small and medium sized enterprises are set to benefit from a R5.4 billion financing package after the African Development Bank and Standard Bank
Africa’s richest monarch names a $1 billion highway designed to connect Europe and West Africa after Trump
Estimated to have cost around $1 billion, the highway is central to Morocco’s ambition of becoming a major trade and logistics gateway linking Europe
Africa $10-$20 billion economic hit from ‘super’ El Niño
An impending “super” El Niño is likely to inflict a combined $10 billion to $20 billion hit on affected African countries and trigger mass migration
World Bank backs South Africa’s $1.5 billion electricity market overhaul
The World Bank and the South African government signed a $1.5 billion Development Policy Loan on 21 July, formalising international support for the country’s shift
World Bank Extends $1.5 Billion Loan to South Africa to Fast-Track Infrastructure Reform
“South Africa has shown that sustained reform can turn around even deep-seated infrastructure crises,” said Satu Kahkonen, World Bank Group Division Director for South Africa. “By extending this