Africa

IMF upgrades S-Saharan Africa GDP growth to 3.8%

This is on the back of a subside in the negative effects of earlier weather shocks

Senators question KNTC edible oil imports deal

The senators raised concerns over KNTC MDs continuous failure to give details on the oils

Sub-Saharan currencies hit, driving up cost of living

Sub-Saharan currencies hit, driving up cost of living

Tourism sector growth to add Sh25.2tr to Africa's economy

Kenya and Rwanda have announced visa free entry for Africans

Africa needs strong corporate banks to drive development

Banking isn’t just about numbers and profits, it’s also about improving lives and communities

China's economic slow down to hurt Africa - IMF

Kenya, Angola,  Zambia, Cameroon, and Nigeria account for 55% bilateral debt to China.

Shelter Afrique upgrades to a development bank

This was during the Extraordinary General Meeting (EGM) in Algiers, Algeria between 4th -5th of October.

New oil storage terminal opened to serve Horn of Africa

It will enable vessels up to 80,000mt to call.

IMF downgrades Sub Saharan Africa GDP growth to 3.5%

This is before rebounding to 4.1 per cent next year.

Prioritise value addition to boost manufacturing – Mwangi

Mwangi says the continent controls 30 to 35 per cent of the global natural resources, a great potential for production.

AfDB upgrades Kenya’s growth prospects to 5.6% this year

The lender attributes the projection to fairly diversified production structures and a decline in commodity prices.

Tech can ease Africa's aid dependency - survey

This could offer Africa the chance to become a strategic partner to the rest of the world

TradeMark signs deal to boost trade in Africa

The pact points towards trade facilitation and financing.

Mdundo says Kenya,Nigeria music markets vibrant

Driven by use of smartphones on internet penetration and increased premium products.

IFC loans Sh23.8bn to Airtel's Africa units

The funding also seeks to prop up universal and affordable broadband access in Africa

African airlines exceed pre-Covid performance as travel picks

Ethiopian Airlines leads the pack.

Kenya begins trading under AfCFTA

It is among the first six nations piloting the continental pact.