President William Ruto has announced a landmark agreement with the United States International Development Finance Corporation (DFC) that promises to reshape Kenya’s debt profile while unlocking billions in new infrastructure, energy, and technology investments. Following high-level talks with DFC Chief Executive Officer Ben Black in Washington, D.C. on December 3, 2025, Ruto revealed that the […]
The global green economy has crossed a significant threshold, surpassing $5 trillion in annual value and positioning itself as the second-fastest-growing sector worldwide, outpaced only by technology, according to a landmark report released by the World Economic Forum’s Alliance of CEO Climate Leaders and Boston Consulting Group. The comprehensive study, titled “Already a Multi-Trillion-Dollar Market: […]
South Africa’s agricultural sector embarked on a transformative regulatory journey as the Department of Agriculture officially brought the Plant Improvement Act of 2018 and its corresponding regulations into operation from December 1, 2025. The long-awaited implementation, signed into effect by President Cyril Ramaphosa following approval by Agriculture Minister John Steenhuisen, replaces the nearly five-decade-old Plant […]
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 month that the country has maintained price stability within the Central Bank of Kenya’s target band of 2.5% to 7.5%. The modest decline provides a measure of relief to Kenyan households grappling with the cumulative […]
The euro zone’s annual inflation rate edged higher to 2.2% in November 2025, according to flash estimates published by Eurostat on Tuesday, marking a modest increase from October’s 2.1% reading and slightly exceeding economist expectations. The uptick positions the consumer price index just above the European Central Bank’s 2% target, reinforcing market expectations that the […]
South Africa’s economy maintained its upward trajectory in the third quarter of 2025, expanding by 0.5% quarter-on-quarter, according to data released by Statistics South Africa on Tuesday, December 2. While the growth figure met market expectations, it represented a notable deceleration from the revised 0.9% expansion recorded in the second quarter, marking the first slowdown […]
The Nairobi Securities Exchange of Kenya and the National Securities Exchange of Somalia have forged a transformative partnership that promises to reshape East Africa’s financial landscape, marking an unprecedented collaboration between one of the continent’s most established stock markets and its newest bourse. The Memorandum of Understanding signed between the two institutions establishes a comprehensive […]
The United States officially assumed the presidency of the Group of 20 major economies on December 1, 2025, signaling a dramatic shift in priorities for the world’s premier forum for international economic cooperation. The transition comes amid unprecedented diplomatic friction with outgoing host South Africa, marking one of the most contentious presidential handovers in the […]
A groundbreaking industrial partnership between Egypt and Saudi Arabia is poised to reshape the medical supply landscape across the Middle East and North Africa region. The initiative, centered on localizing hemodialysis filter manufacturing, represents a significant step toward achieving medical self-sufficiency and reducing dependency on imports in critical healthcare supplies. Saudi Deputy Minister of Industry […]
Kenya has officially cemented its position as a rising force on the global economic landscape, making a landmark debut in the International Institute for Management Development (IMD) World Competitiveness Ranking (WCR) 2025. The results, published by the IMD World Competitiveness Center, have placed Kenya as Africa’s Most Competitive Economy, securing the 56th position globally out […]
At least $750 million (Sh96.7 billion) in World Bank funding to Kenya remains frozen as the country works to meet...
The Bank of England has delivered a pre-Christmas boost to the struggling UK economy by cutting interest rates to 3.75%,...
The United States International Development Finance Corporation has finalized a $553 million loan with the Lobito Atlantic Railway consortium for...
The Kenyan government has issued an urgent call for applications under the World Bank-funded Kenya Jobs and Economic Transformation (KJET)...
