Kenya’s financial markets are experiencing a significant shift, with Treasury Bill (T-bill) yields plummeting to their lowest levels since June 2022. This sharp decline follows a recent, impactful interest rate cut by the Central Bank of Kenya (CBK), a move designed to stimulate economic activity and ease the cost of borrowing. As short-term returns dwindle, […]
In a significant move poised to reshape the pharmaceutical supply chain across two burgeoning continents, global logistics powerhouse DHL Group has unveiled plans to inject an impressive €500 million ($575 million) into healthcare infrastructure across Africa and the Middle East over the next five years. This substantial investment underscores a strategic pivot towards high-growth emerging […]
In a move set to bolster Angola’s economic future and solidify its position as a leading African oil producer, a formidable consortium led by American multinational energy giant ExxonMobil has officially signed a production sharing contract (PSC) extension for Block 17, one of Angola’s most prolific and strategically important offshore assets. This critical agreement, involving […]
In a significant move set to redefine its economic trajectory, Kenya is forging a deeper, more transformative partnership with the European Bank for Reconstruction and Development (EBRD). This burgeoning alliance, underscored by Kenya’s pursuit of full EBRD membership and recipient country status, embodies a powerful collective commitment to unleash the full potential of Micro, Small, […]
In a powerful declaration of its commitment to accelerated development and sustainable growth, Indonesia has thrown open its doors to global investors, offering a staggering Rp 200 trillion (approximately $12.3 billion) in national infrastructure projects. The invitation, extended at the prestigious Indonesia Conference on Infrastructure 2025 held at the Jakarta International Convention Center, signals a […]
In a landmark announcement that resonates far beyond its borders, South Africa has officially approved the nation’s first-ever green hydrogen skills programmes. This pivotal development, spearheaded by the Chemical Industries Education and Training Authority (CHIETA) and formally sanctioned by the Quality Council for Trades and Occupations (QCTO), signals a decisive leap forward in building South […]
In a vibrant declaration of its growing stature on the global stage, Kenya has boldly emerged as Africa’s premier creative economy destination. The recent inaugural U.S.-Kenya Creative Economy Forum, a landmark event brimming with anticipation and ambition, successfully positioned the East African nation as a strategic investment hub for American companies eager to tap into […]
In a move set to reshape the global investment landscape, Blackstone Inc., the world’s largest alternative asset manager, has unveiled ambitious plans to deploy as much as $500 billion into Europe over the next decade. This colossal commitment, announced by CEO Steve Schwarzman, underscores a profound and growing confidence in the continent’s economic potential, even […]
Despite a global landscape often characterized by a cautious venture capital market, Africa’s vibrant startup ecosystem continues to demonstrate remarkable resilience. In May 2025, startups across the continent collectively secured a robust $254 million in funding. While this figure represents a slight dip from April’s impressive haul, it signifies a stronger performance compared to March […]
In a monumental stride towards self-reliance and regional leadership in healthcare, Kenya has officially embarked on a transformative Ksh65 billion partnership with China. This landmark agreement, announced on Monday, June 9, 2025, following high-level discussions between Kenya’s Cabinet Secretary for Health, Aden Duale, and China’s Ambassador to Kenya, Guo Haiyan, is set to establish state-of-the-art […]
In a moment charged with both expectation and trepidation, Kenya’s Finance Minister, John Mbadi, rose before parliament on Thursday to...
The delicate equilibrium of global energy markets was shattered early Friday as news broke of Israeli strikes against targets in...
Across East Africa, a palpable sense of anticipation filled legislative chambers as finance ministers from the East African Community (EAC)...
Kenya's financial markets are experiencing a significant shift, with Treasury Bill (T-bill) yields plummeting to their lowest levels since June...
