Raila Odinga, leader of the opposition ODM party, says his party will decide on a presidential candidate closer to the polls. The announcement adds uncertainty to...
Safaricom earned $780 million from mobile-money services in FY2024, but regulators say lower costs will drive higher volumes.
The bank’s net profit rose 38.7% to 2.3 billion shillings in H1 2025, boosting its case for an NSE debut. Executives say the listing will also...
By June 2025, the IMM crossed ETB 500 billion in cumulative volume, a signal of rapid adoption. Market watchers saw that as proof of demand for...
Joseph Kabila, who ruled the DRC for 18 years, was convicted of backing the M23 rebel group. The verdict threatens to escalate tensions in the mineral-rich...
Since 2016, at least a dozen foreign banks have exited or downsized in Africa, raising concerns about reduced credit access and fewer investment flows into key...
The Trump administration’s tariff hikes have eroded AGOA’s benefits. A short-term extension may not be enough to restore African confidence.
The main dispute centers on whether Ethiopia faces a solvency problem or a temporary liquidity issue. The government has proposed a 20% haircut, while investors argue...
Kenya faces a widening budget deficit and high public debt amid halted tax measures. The IMF will recommend policy reforms to restore stability.
The raised funds will support initiatives that align with Uganda’s industrialization and infrastructure goals. This investment is expected to create jobs and increase production across multiple...