In a bold move to further position itself as a leading tourism destination in East Africa, Kenya is set to revamp its visa policies and enhance port infrastructure to boost its burgeoning cruise tourism sector. This strategic initiative is part of a broader governmental effort to streamline entry procedures and stimulate economic growth by attracting […]
Bhopal, India – At the Madhya Pradesh Global Investors’ Summit (GIS) 2025, industrialist Gautam Adani announced a massive ₹1.1 trillion investment plan across key sectors, including pumped storage, cement, mining, smart metering, and thermal energy. This ambitious move is expected to generate over 1,20,000 jobs in the state by 2030, marking a significant step toward […]
In a remarkable display of financial strength and market confidence, Airtel Uganda has announced a dividend payout that has captured the attention of investors and industry analysts alike. The Ugandan Securities Exchange-listed telecommunications giant declared a final dividend as part of its impressive financial performance for the year ended December 31, 2024. With a reported […]
In a landmark operation that has captured the attention of investors and market watchers alike, the Central Bank of Kenya (CBK) has successfully completed its first-ever domestic bond buyback, repurchasing bonds worth KSh 50.09 billion—marginally exceeding its target of KSh 50 billion. This strategic move, announced in February 2025, marks a significant milestone in Kenya’s […]
In a striking move that underscores the rapidly evolving dynamics of global critical mineral markets, Chinese firm Jiangsu Jiuwu Hi-Tech (SZSE:300631) announced last month that it would cease exporting a key lithium-processing component—sorbents—effective February 1, 2025. This decision comes amid growing expectations that Beijing’s proposed export controls on battery and lithium technologies will soon reshape […]
In a major boost to Africa’s agribusiness sector, British International Investment (BII), alongside Swedfund and Norfund, has announced a joint investment of $85 million in AgDevCo. This latest injection of capital is designed to support small and medium-sized agribusinesses across sub-Saharan Africa, enabling them to increase productivity, expand food systems, and build greater resilience in […]
In a decisive move to bolster Kenya’s economic backbone, Swedfund has announced its second investment in Victoria Commercial Bank (VCB) PLC – a fresh infusion of $7.5 million aimed at strengthening the bank’s capacity to on-lend to small and medium-sized enterprises (SMEs). This latest commitment underscores Swedfund’s enduring mission to reduce poverty through sustainable investments […]
In a bold move to fortify Africa’s digital future, Microsoft has announced a $1 million investment to train one million Nigerians in artificial intelligence (AI) and digital skills over the next two years. Unveiled at a high-profile event in Lagos on February 19, 2025, this initiative underscores Microsoft’s commitment to empowering Africa’s burgeoning workforce and […]
In a landmark move set to redefine the future of the continent’s coffee industry, Tanzania is hosting the G25 African Coffee Summit in Dar es Salaam on February 21–22, 2025. This high-profile event brings together key stakeholders, policymakers, industry experts, and representatives from 25 African coffee-producing nations with a singular goal: to enhance production, secure […]
The 12th edition of the Sankalp Africa Summit, set to take place on February 27-28, 2025, will bring together over 1,500 global leaders, investors, and entrepreneurs in Nairobi. This premier summit, widely regarded as Africa’s largest impact investment and entrepreneurship gathering, will focus on unlocking millions of dollars in funding for African startups while fostering […]
The Government of Germany, in partnership with the Government of Kenya and the United Nations High Commissioner for Refugees (UNHCR),...
The United Arab Emirates is positioning itself for another year of impressive economic expansion, with government projections indicating that the...
The Republic of South Africa has officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank), marking a...
The Nairobi Securities Exchange has entered uncharted territory as Safaricom's newly launched Ziidi Trader platform triggers unprecedented retail participation, fundamentally...
