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World Bank supports digital economy growth in Africa
The World Bank Group’s Board of Directors has approved a regional initiative designed to stimulate job creation in Benin, Liberia, and Sierra Leone. A key
HACO Industries Wins Kenya ESG Award for Circular Economy
HACO Industries Kenya Limited has been recognized as a Circular Economy Leader at the Kenya ESG Awards, held recently at Emara Ole Sereni. The award
Kenya’s Economy Faces Challenges Amid IMF Deal
The National Treasury is experiencing heightened tension as President William Ruto’s administration confronts the International Monetary Fund (IMF) over debt restructuring demands. This marks a
Zimbabwe Introduces ZiG Currency to Stabilize Economy
Zimbabwe is introducing new notes featuring illustrations of the country’s “Big Five” wildlife, aiming to establish a clear national identity for its currency. Existing ZiG
Kenya Outlines Plan for Data-Driven Digital Economy
Kenya has introduced a National Data Governance Policy designed to unify government data and transform it into a valuable resource for citizens. The policy shifts
Kenya’s Circular Economy Faces Challenges Amid Aid Reduction
Kenya’s efforts to develop a sustainable and resource-efficient economy are encountering challenges due to a reduction in funding from global development partners. This shift impacts
Malawi Economy Needs Reforms to Spur Growth and Jobs
Malawi faces significant economic challenges requiring urgent reforms, according to a recent World Bank report. The report emphasizes the need for coordinated action to stabilize
World Bank Approves $400 Million for Lesotho’s Economy
The World Bank has pledged $400 million to Lesotho to promote inclusive growth within the nation. The commitment aims to bolster human capital development and
Kenya Air Control Strike Impacts Economy and Reputation
The ongoing strike by Kenya Air Traffic Controllers is impacting the nation’s economy and reputation, according to a recent statement. The disruption is particularly concerning
Uganda Highlights Climate-Smart Economy at Makerere Symposium
Uganda recently hosted the First African Symposium on Natural Capital Accounting (NCA) and Climate-Sensitive Macroeconomic Modelling at Makerere University, positioning the nation as a leader