Kenya’s vibrant coffee industry, a cornerstone of its agricultural economy and a source of livelihood for hundreds of thousands of smallholder farmers, is currently engaged in a frantic race against time. A stringent new trade requirement from the European Union, the Deforestation-Free Regulation (EUDR), looms large, threatening to lock out a significant portion of Kenyan […]
The global economic landscape is currently a complex tapestry woven with threads of cautious optimism, persistent inflationary pressures, and a reshaped trade order dictated by evolving geopolitical dynamics. A pivotal moment this week came from the European Central Bank (ECB), which for the first time in over a year, opted to hold its key interest […]
Nigeria, Africa’s largest economy and most populous nation, has taken a decisive step to integrate digital assets into its financial mainstream with the unveiling of a formal regulatory framework for stablecoins. This landmark announcement by the Securities and Exchange Commission (SEC) marks a significant pivot from years of cautious, at times restrictive, approaches to cryptocurrencies, […]
A stark and unsettling admission from the Kenyan Treasury has sent ripples of concern through households across the nation: the government can no longer fully afford free education in public primary and secondary schools. Treasury Cabinet Secretary John Mbadi, appearing before the National Assembly Committee on Education on Thursday, laid bare the grim financial reality, […]
In an extraordinary display of presidential pressure on the nation’s independent central bank, U.S. President Donald Trump made a rare visit to the Federal Reserve headquarters on Thursday, engaging in a visibly tense exchange with Chair Jerome Powell. The encounter, unfolding amidst the backdrop of a multi-billion dollar renovation project at the Fed’s Washington D.C. […]
The Port of Lomé, Togo’s dynamic maritime gateway and now officially recognized as Africa’s fourth busiest container port, is rapidly emerging as a critical nexus for international trade, drawing significant and renewed attention from the United States. Positioned strategically on West Africa’s Atlantic coast, the port is being championed by U.S. officials as an indispensable […]
Kenya has officially unveiled the Kenya Digital Token (KDT), a groundbreaking initiative built on the high-performance Solana blockchain. This launch positions Kenya as a continental leader in blockchain-driven economic innovation, joining a growing list of nations exploring digital public infrastructure beyond traditional finance. While privately developed, the KDT is closely aligned with the government’s ambitious […]
A new study by the influential German Economic Institute (IW) has ignited fresh concerns across Europe, alleging that China’s persistent currency undervaluation is placing immense pressure on European companies and deepening the Eurozone’s trade deficit with the Asian economic powerhouse. As European Union leaders converge in Beijing for a critical summit aimed at navigating escalating […]
In a significant statistical overhaul, Nigeria, Africa’s most populous nation, has announced a substantial recalculation of its Gross Domestic Product (GDP), revealing an economy approximately 30% larger than previously estimated. This marks the first major statistical “rejig” in over a decade for the West African powerhouse, aiming to provide a more accurate and contemporary reflection […]
The Kenya National Bureau of Statistics (KNBS), the nation’s premier statistical agency, has officially embarked on a monumental nationwide exercise: the 2025/26 Kenya Integrated Household Budget Survey (KIHBS). In a public notice, the bureau confirmed that its highly trained officials would commence visits to selected households across the country this July. This year-long endeavor, set […]
Global credit ratings agency S&P Global Ratings upgraded Kenya's long-term sovereign credit rating to 'B' from 'B-' on Friday, citing...
Syria will issue new banknotes in December 2025, removing two zeros from its currency in an ambitious attempt to restore...
Reserve Bank Governor Lesetja Kganyago has issued a stark warning that South Africa is heading toward serious financial trouble, with...
HewaTele Limited, a Kenyan medical oxygen producer, has secured US$10.5 million from AfricInvest's Transform Health Fund to build a large-scale...
