Kenyans will from March be able to buy government securities from a digital platform known as DhowCSD. The system will open up the market for
The African tech startup scene is flourishing with innovative ventures and promising growth, attracting more and more investors from around the world. According to recent
Airtel Africa on Thursday reported a reduced (nine-month) profit of $801 million, down from $864 million in the previous year. Despite growing its customer base
Kenya‘s sole power distributor, Kenya Power, aims to convert its 2,000 petrol and diesel-driven vehicles to electric over the next four years, it said on
Convergence Partners, a private equity investment firm focused on the technology sector across sub-Saharan Africa, has secured Convergence Partners Digital Infrastructure Fund (CPDIF) at $296
In the inaugural release of a report dubbed ‘Africa’s Macroeconomic Performance and Outlook’ released on Jan.19, the African Development Bank Group (AfDB ) reported that
Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected to ease congestion at the country’s ports and help it become
AfDB’s African Development Fund has raised $8.9bn from international donors to lend and grant to low-income countries in the 2023-2025 financing cycle. The Fund lends
Dangote’s 650,000 barrels per day (bpd) oil refinery being built in Nigeria is due to begin production by the fourth quarter of 2022, group executive
Nigeria’s 614km gas pipeline that is under construction will start operating during the first quarter of next year, which would help boost electricity supply, head
