For decades, Nigeria, Africa’s largest economy, has been heavily reliant on its oil industry. However, with the global shift towards renewable energy and electric vehicles (EVs), the country is now eyeing the booming global lithium market as a potential new source of economic growth. With the world transitioning to cleaner energy sources, lithium, a key […]
Qatar’s Central Bank (QCB) has reported a notable increase in its international reserves and foreign currency liquidity, marking a 4% year-on-year (Y-o-Y) rise as of August 2024. The total reserves reached QR 252.3 billion, reflecting the strength of the Qatari economy and the effectiveness of its monetary policies. This increase comes amid a series of […]
Introduction Kenya and the European Union (EU) have reinforced their commitment to the European Union-Kenya Economic Partnership Agreement (EPA), which officially came into force on July 1, 2024. This landmark trade deal is expected to significantly impact Kenya’s export market and its overall economy, fostering long-term growth and sustainable development. However, the deal has sparked […]
Introduction Kenya has made significant strides in the agricultural sector, particularly in macadamia nut farming, which has solidified the country’s position as a leading exporter in the region. This progress comes despite various regulatory and market challenges that have historically plagued the sector. According to the 2024 Africa Agriculture Status Report published by the Alliance […]
Japan’s economy grew at a slightly slower pace than initially reported in the second quarter of 2024, with downward revisions in corporate and household spending signaling potential challenges for sustained growth in the latter half of the year. The revised figures underscore the delicate balance the Bank of Japan (BOJ) must maintain as it navigates […]
The Federal Government of Nigeria has reassured citizens that the price of petrol will stabilize as supply increases across the country. This announcement comes amid concerns over rising fuel prices, which have put additional strain on the already challenged economy. Background: Deregulation of Nigeria’s Petroleum Sector In recent years, Nigeria has undergone significant changes in […]
China’s Hunan Province has called for increased cooperation with Kenya to bolster economic and political ties between the two regions. This move comes as part of a broader strategy by China to enhance its influence in Africa, particularly through initiatives that align with the Forum on China-Africa Cooperation (FOCAC). Background of Hunan-Kenya Relations China’s governance […]
Britain requires an additional one trillion pounds ($1.3 trillion) in investment over the next decade to revitalize its economy, according to a report released on Friday. The ambitious investment goal is seen as essential for achieving the annual economic growth of 2.5% promised by Prime Minister Keir Starmer during his campaign leading up to the […]
On September 5, 2024, Ghana initiated a significant step in its economic recovery by inviting holders of approximately $13 billion in international bonds to participate in a restructuring offer. This move comes after a prolonged period of financial distress, exacerbated by a combination of internal and external factors, including the COVID-19 pandemic, the war in […]
Chinese President Xi Jinping, during a meeting with Kenyan President William Ruto, proposed strengthening the China-Kenya strategic partnership across three key areas. This meeting, held on the sidelines of the 2024 Forum on China-Africa Cooperation (FOCAC) Summit in Beijing, signals a new chapter in the already robust relationship between the two nations. The proposals by […]
Kenya's external financial position deteriorated sharply in the third quarter of 2025, with the current account deficit expanding more than...
The United States trade deficit collapsed to its lowest level in more than 16 years during October 2025, delivering a...
Zimbabwe's tourism sector, still basking in the glow of being named the world's best country to visit in 2025 by...
The Nairobi Securities Exchange has opened 2026 with exceptional momentum, pushing total market capitalization to approximately KSh 3 trillion for...
