Kenyan Banks Hit by fresh $1.2 Billion Bad Loans in 2023 according to a new report by the Central Bank of Kenya The regulator says it is concerned by the …
Monthly Archives
July 2024
Cybersecurity recovery costs post a staggering increase in recovery costs for the Energy and Water sectors. The report also reveals that nearly 49 per cent of ransomware attacks on these …
Central Bank of Kenya says active mobile subscriptions hit 66.8 million by December 2023 compared to 65.7 million a year earlier. Increasing usage of mobile money saw the banking industry …
Uncover eyes new markets in Africa with the fresh injection of capital. Founded in Kenya three years ago, Uncover has since expanded into Nigeria, Uganda, and recently to Ghana, with …
Office Occupancy Levels Across Africa increased by an average of 15 percent from 2022 numbers Knight Frank also points to rising investor interest in the continent’s manufacturing, mining, and energy …
Antoinette Monsio Sayeh is set to retire as Deputy Managing Director of the International Monetary Fund (IMF) on September 12, 2024. The IMF says her experience, deep integrity, and wise …
Results show that long-serving Paul Kagame has floored his challengers, garnering 99% of the presidential vote. This move gives Kagame a new 7-year term, and another chance to solve the …
The programme will be rolled out in Bahr el Ghazal in the north, Eastern Equatoria, Central Equatoria and Jonglei states, creating 179,200 new jobs. UN’s FAO and South Sudan’s Ministry …
Growth attributed to increase in Foreign Direct Investment (FDI), which increased by 11.6 per cent from $8.2 billion at the end of 2020, to $9.2 billion. The stock of Other …
Tanzania Investment Centre (TIC) targets to register 1,000 investment projects in 2024 The government of Tanzania is also revising the immigration law to draw diaspora investors. Tanzania Investment Centre (TIC) …