In a significant boost for Kenya’s mining sector, Marula Mining PLC (AQSE: MARU | A2X: MAR) has announced a major logistics agreement that will streamline the export of manganese ore from its Kilifi Manganese Processing Plant. The deal, signed with Scan Global Logistics Kenya Limited (SGL Kenya), marks a strategic milestone in Marula Mining’s operations, […]
In a bold and transformative move for the American auto and manufacturing sectors, Hyundai Motor Group of South Korea announced a sweeping $21 billion investment plan in the United States. The expansive commitment, revealed at a high-profile event held at the White House, marks a significant milestone in Hyundai’s strategy to expand its U.S. footprint, […]
In a landmark move poised to transform Lesotho’s economic landscape, the African Development Bank Group (AfDB) announced plans to invest $331 million in the kingdom over the next five years as part of its new Country Strategy Paper for 2025-2030. This ambitious investment is aimed at bolstering the nation’s infrastructure, industrial competitiveness, and overall socio-economic […]
In a bold move that underscores its commitment to driving financial inclusion and economic growth, Ecobank Kenya has strengthened its capital base with a Ksh3.5 billion (approximately USD 27 million) injection. The recent capital boost brings the bank’s total capital to Ksh8.5 billion (around USD 65 million), setting it well on track towards achieving the […]
Tesla’s CEO Elon Musk sought to calm growing concerns among employees as the automaker experiences one of its worst stock market plunges in years. During a company-wide meeting on Thursday, Musk urged employees to hold on to their shares despite a staggering 50% drop in Tesla’s stock price, assuring them that the company’s future remains […]
Nigeria’s economic landscape is witnessing a transformative shift as the nation secures a staggering $14 billion in investments from India—a move that promises to redefine its business and diplomatic relations. In a press briefing held on March 21, 2025, Minister of Foreign Affairs Yusuf Tuggar revealed the magnitude of this deal, emphasizing that the investment […]
In a landmark move that underscores Kenya’s rising prominence as an industrial powerhouse in East Africa, Centum Investment Company PLC and ARISE Integrated Industrial Platforms have joined forces to launch a $3 billion initiative to develop the Vipingo Special Economic Zone (VSEZ). This groundbreaking project is poised to create 500,000 jobs, transform the Kenyan coastal […]
In a bold and transformative move, Pakistan is positioning itself at the forefront of the global digital finance revolution. The government’s recent initiative to regulate cryptocurrency, spearheaded by Bilal bin Saqib—the newly appointed Chief Advisor to the Finance Minister for the Pakistan Crypto Council—marks a significant turning point in the nation’s economic landscape. This strategic […]
In a bold move aimed at transforming its economic landscape, Tanzania has unveiled a revised National Land Policy designed to attract foreign investments in real estate, industrial development, and agriculture. The new policy, launched by President Samia Suluhu Hassan in Dodoma on March 20, 2025, marks a decisive shift from previous restrictions and outdated registration […]
In a significant boost for Africa’s evolving logistics landscape, Kenyan-based supply chain and logistics SaaS provider Leta has secured $5 million in seed funding to scale its AI-driven platform. The funding round, led by European venture capital firm Speedinvest and bolstered by investments from Google’s Africa Investment Fund and Equator—a climate tech fund focused on […]
Kenyan exporters of agricultural produce are set to benefit from a significant trade breakthrough as the country finalizes a bilateral...
The first half of 2025 has delivered a stark wake-up call to the global insurance industry. According to preliminary estimates...
For international investors, Zambia’s debt restructuring journey has been a closely watched case study. As the first African nation to...
In a significant stride toward a sustainable and robust energy future, the Kenyan government has officially greenlit the development of...
