Ethiopia has officially inaugurated Africa’s largest hydroelectric dam on Tuesday, marking a transformative moment in the nation’s history while simultaneously deepening a diplomatic rift with downstream neighbors that has unsettled the entire region for over a decade. The Grand Ethiopian Renaissance Dam (GERD), a monumental $5 billion project 14 years in the making, reached its […]
The National Treasury, in partnership with the Kenya Development Corporation, has released Sh2.625 billion to Micro, Small and Medium Enterprises (MSMEs) in the past year under the Supporting Access to Finance and Enterprise Recovery (SAFER) Project, marking a significant milestone in Kenya’s post-pandemic economic recovery strategy. Build the future you deserve. Get started with our […]
The UAE’s economic diversification strategy has reached a historic milestone, with real Gross Domestic Product growing by 3.9% to total AED 455 billion ($123.89 billion) in the first quarter of 2025, compared to the same period in 2024. More significantly, non-oil activities have achieved an unprecedented 77.3% contribution to real GDP—the highest in the country’s […]
After a decade of accumulating air miles between Entebbe, Nairobi and Beijing, officials in Kampala say the wait is over and a modern rail link between Uganda and the global value chains through Kenya – its main seaport gateway– is taking shape as the country’s standard gauge railway (SGR) nears construction stage. Build the future […]
Kenya has officially joined Tanzania in eliminating the long-standing requirement for cash deposits on shipping containers, marking a transformative moment for East African trade that could significantly reduce import costs and streamline cargo operations across the region. One decision can change your entire career. Take that step with our Online courses in ACCA, HESI A2, […]
Turkey’s medium-term economic programme forecasts inflation to hit 28.5% in 2025 and 16% in 2026, before reaching single digits from 2027, as the government maintains its commitment to orthodox monetary policy following years of unconventional economic experiments under President Erdogan. Turkey’s newly published medium-term economic roadmap represents a critical test of the government’s commitment to […]
Local suppliers are pushing for at least 40 percent of the project contracts – with a target of retaining $500 million – from the first phase of Uganda’s flagship standard gauge railway, as construction is expected to begin in April 2026 following the signing of a €2.7 billion contract with Turkish firm Yapı Merkezi. Uganda’s […]
Kenya is positioning itself as a regional leader in nuclear energy development with an ambitious plan to generate 20,000MW of electricity from nuclear power by 2040. The East African nation’s first nuclear power plant, planned for Siaya County, represents a transformative shift in the country’s energy strategy as it seeks to eliminate power shortages and […]
U.S. President Donald Trump signed an order on Thursday to implement lower tariffs on Japanese automobile imports and other products that were announced in July, providing some relief to Japan’s export-heavy economy while formally cementing what Trump called “perhaps the largest Deal ever made” with America’s key Asian ally. Formalizing the deal between the U.S. […]
Lesotho’s biggest diamond mine, Letseng, has laid off 240 workers, a fifth of its workforce, as it battles persistently low gem prices due to weak demand and an uncertain global economic environment, parent company Gem Diamonds said on Thursday, highlighting the deepening crisis engulfing the global diamond industry. One decision can change your entire career. […]
Kenya's inflation rate edged lower to 4.5% year-on-year in November 2025, down from 4.6% in October, marking the 29th consecutive...
The euro zone's annual inflation rate edged higher to 2.2% in November 2025, according to flash estimates published by Eurostat...
South Africa's economy maintained its upward trajectory in the third quarter of 2025, expanding by 0.5% quarter-on-quarter, according to data...
The International Finance Corporation and the Kenya Investment Authority have entered into a strategic collaboration that establishes a comprehensive framework...
