In a significant testament to India’s burgeoning economic prowess and robust capital markets, the National Stock Exchange of India (NSE) has cemented its position as a global leader in initial public offering (IPO) fundraising. According to the latest report from S&P Global Market Intelligence, the NSE secured the fourth spot worldwide in the first half […]
After years of uncertainty and a forced halt due to a brutal insurgency, the highly anticipated $20 billion liquefied natural gas (LNG) project in Mozambique, led by French energy giant TotalEnergies, is on the cusp of a restart. Mozambique’s Minister of Mineral Resources and Energy, Estevao Pale, confirmed on Monday that the government has successfully […]
In a perplexing turn of events that has captivated investors on the Nairobi Securities Exchange (NSE), Kapchorua Tea Kenya Plc shares surged to an unprecedented all-time intraday high of KSh 332 on July 11, 2025, before settling at KSh 321.50, marking a robust 6.46% gain for the day. This remarkable rally is not an isolated […]
The United Kingdom has today unveiled a landmark commitment to its automotive sector, launching the ambitious DRIVE35 programme. This initiative, backed by a substantial £2.5 billion investment over the next decade, is set to solidify the UK’s position at the forefront of zero-emission vehicle (ZEV) development, foster innovation, and secure thousands of high-value jobs across […]
In a significant move set to redefine infrastructure financing in East Africa, Linzi FinCo 003 Trust, a dynamic subsidiary of the prominent Pan-African Liaison Group, has successfully listed a monumental KSh 44.79 billion Infrastructure Asset-Backed Security (IABS) on the Nairobi Securities Exchange (NSE). This landmark transaction is poised to inject crucial capital into the development […]
Kenya has officially unveiled Africa’s inaugural fully electric cold-chain delivery network, a monumental achievement forged through an innovative partnership between electric mobility trailblazer Roam and cold-chain innovator Keep It Cool (KIC). This groundbreaking collaboration marries solar-powered refrigeration with clean electric delivery motorcycles, creating a comprehensively sustainable food delivery system. This initiative directly addresses critical challenges […]
In a landmark move poised to reshape the global critical minerals landscape, MP Materials (MP.N), the operator of the only rare earths mine in the United States, has announced a multi-billion-dollar agreement with the U.S. government. This strategic partnership, unveiled on Thursday, aims to dramatically boost domestic output of rare earth magnets, a crucial step […]
In a significant boost for the burgeoning entrepreneurial ecosystem in Eswatini, Thinkroom Consulting and The Oracle Group have officially announced the launch of the Oracle Innovate Lab. This pioneering business accelerator program is set to ignite innovation and drive sustainable growth among early and growth-stage entrepreneurs across the Kingdom, with a particular focus on the […]
In a monumental leap for Kenya’s financial landscape, the Nairobi Securities Exchange (NSE) is set to welcome its first-ever global equity-based Exchange Traded Fund (ETF). Satrix, South Africa’s preeminent provider of index-tracking funds, is poised to list its Satrix MSCI World Feeder ETF on the NSE on Wednesday, July 16, 2025. This landmark event not […]
In a move poised to reshape the landscape of global technological cooperation, Brazil and China have announced a groundbreaking partnership centered on artificial intelligence (AI) research, with a specific focus on agricultural development. This significant expansion of technological ties between the two emerging powers comes at a time when global tech alliances are undergoing a […]
Tata Chemicals Magadi Limited has announced a significant and ambitious expansion plan for its soda ash mining activities at Lake...
The influential OPEC+ alliance has announced a significant decision to increase its collective oil production by 547,000 barrels per day...
South Africa is bracing for a significant economic blow as a 30% tariff on its exports to the United States...
Absa Bank Kenya has significantly bolstered its commitment to addressing Kenya's persistent affordable housing deficit, earmarking KES 4 billion for...
