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Uganda Development Bank to spearhead inclusive finance dialogue. UDB targets new investment models to plug the country’s $36 billion SDG financing gap by 2030.
The initiative is expected to bring artisanal miners into the formal economy. It will also help curb illicit gold exports and increase transparency.
Kenyan banks are restructuring loans worth over KSh 132B amid rising defaults. Lending criteria have also been significantly tightened.
Stanbic Bank profit slips to KSh 6.54bn in H1 2025. Rising expenses and reduced net interest income drove the 9.3% drop in EPS.
Household utility costs spiked sharply in July, contributing to the three-month inflation peak, KNBS data reveals.
Businesses slash purchasing as demand drops. Firms also face higher fuel prices and tax-related cost pressures.
With nearly half of Kenyans living in slums, Absa's move is timely. It aligns closely with the government's 200,000-unit annual housing target.
Geneva hosts key multilateral organisations vital to Kenya’s diplomacy. Experts warn that internal mission conflicts could weaken Nairobi’s global voice.
Senator James Risch has proposed a 90-day review of Kenya’s ties with China, Russia, and Iran. The move could reshape a key U.S. partnership in Africa.
The Kenyan pastor has built a life in Canada, with a church and business supporting African immigrant communities. Petitioners say her deportation would shatter an essential...
