Access Bank Plc, a prominent Nigerian financial institution, has unveiled plans to acquire the National Bank of Kenya (NBK) from the KCB Group Plc, marking a significant move in its…
Browsing: Kenya
Since 2016, the Kenyan company, Shamba Pride has been dedicated to improving last-mile distribution for farm inputs and addressing price exploitation and quality issues for farmers through its merchant network,…
Tanzania has announced the withdrawal of approval for Kenya’s national carrier to operate passenger services between the two countries, starting the following week. The Tanzania Civil Aviation Authority, acting on…
AstraZeneca has committed to planting up to six million trees in Kenya and will utilize an AI deep learning model to monitor tree health, long-term survival, and carbon sequestration as…
Kenya’s finance ministry said it will offer stakes in 11 state-owned companies to raise funds for depleted government coffers as tax revenues continue to fall below target. The move comes…
In a bold move to address Kenya’s mounting economic challenges, President William Ruto has staunchly defended his administration’s efforts to cut “unnecessary” public debt. This comes amid public outcry over…
Satellite internet service Starlink is officially available in Kenya, making Kenya the sixth African country the internet service is currently operating. The Elon Musk-owned service aims to reach across Africa.…
Mozambique’s PMI rose to 51.3 in June from 50.5 in May as new sales orders accelerated for the fifth consecutive month. The increase in new business saw firms raise their employment…
Kenya: Real GDP expanded by 5.3% y/y in Q1 23 compared with 3.7% in Q4 22. While a detailed GDP report is not yet available, Bloomberg data show that the expansion…
Kenya is the most promising rising country in sub-Saharan Africa currently, with the economic and political forces converging to put the continent’s seventh-largest nation in a relatively favourable position. At…
