The Nairobi Securities Exchange (NSE) has announced its decision to rejoin the East African Capital Markets Infrastructure (CMI) platform after nearly a decade of boycott over procurement irregularities, marking a pivotal moment in the region’s financial integration efforts. This development represents the most significant advancement in East African capital markets cooperation since the project’s inception […]
Volkswagen Group is engaged in high-stakes negotiations with the Trump administration, proposing a massive 10 billion investment package in the United States as the German automotive giant seeks relief from crippling tariffs that have already cost the company over $1.5 billion in the first half of 2025 alone. The world’s second-largest automaker by sales volume […]
Aavishkaar Capital, the investment arm of India’s prominent Aavishkaar Group, has announced a strategic $5 million loan to Horizon Group Africa through its Global Supply Chain Support Fund (GSCSF), marking a pivotal moment in Africa’s quest to reclaim its position in the global spice trade. This investment, made in collaboration with German development bank KfW, […]
Nigeria is forging a strategic partnership with Kenya to break into the booming global avocado market, a sector projected to swell to $23.29 billion by 2029, as the collaboration aims to empower Nigerian farmers and help the country tap into the lucrative international trade of what’s often called “green gold.” The partnership between Nigeria and […]
More than 300 South Korean workers were detained in the largest single-site immigration raid in U.S. history, prompting Seoul to convene emergency talks with major investors including Hyundai, LG Energy Solution, and Samsung to address systemic visa challenges that threaten billions in bilateral investment. The South Korean government has moved swiftly to address a brewing […]
MTN Group faces a perfect storm of challenges as US sanctions freeze its $10 billion Iran investment, a Department of Justice grand jury investigation probes potential terrorism links, and the company considers reviving Telkom acquisition talks amid South Africa’s evolving telecoms landscape. Africa’s largest mobile operator MTN Group finds itself at a critical crossroads, balancing […]
The Central Bank of Kenya (CBK) has licensed 27 new Digital Credit Providers (DCPs), in a bid to streamline lending activities in the financial technology space and bring total licensed lenders to 153, marking a significant expansion of Kenya’s regulated digital lending ecosystem. In an announcement on Thursday, CBK said the move brings the total […]
The United Kingdom and Saudi Arabia have unveiled a substantial $483 million investment package that promises to reshape economic relations between the two nations while creating 187 new jobs across both countries. The announcement, made at the prestigious GREAT FUTURES Summit in London, represents a significant milestone in the evolving strategic partnership between Britain and […]
One of Angola’s top banks BFA will launch the country’s biggest ever initial public offering on Friday, seeking to raise as much as $240 million as the government looks to kick-start a privatisation drive that could reshape the Southern African nation’s economic landscape. The Southern African oil-producing country has been gradually opening up its state-dominated […]
Kenya is set to launch bidding for 10 oil exploration blocks this month, marking the country’s first licensing round since enacting comprehensive petroleum legislation six years ago. The announcement signals a renewed push by the East African nation to revitalize its stalled oil industry and attract international investment following significant regulatory reforms and infrastructure developments. […]
Despite confronting a challenging economic environment marked by slower GDP growth, elevated interest rates, and mounting operational expenses, Kenya's banking...
The United States government shutdown has entered a critical phase as it becomes the second-longest funding lapse in the nation's...
In a landmark move that signals a significant shift in international financial cooperation and the evolving architecture of global finance,...
The Central Bank of Kenya (CBK) has launched a strategic KSh 30 billion voluntary buyback programme for investors holding the...
