As Ethiopia’s ambitious $4 billion hydropower project nears completion, Egypt and Sudan are furious and worried
Ethiopia has spent about $4 billion on the massive dam which would be used for...
Eastern Africa
Deloitte fined in Kenya for negligence that led to bond investors losing $40.3 million in collapsed bank
A fine of $83,960 (Sh10 million) has been imposed on Deloitte by the Capital Markets...
A LOOK AT AGRICULTURAL DISRUPTIONS ACROSS AFRICA
Agriculture is an important tool on the African continent, not only because Africans need to...
USAID provides $488 million in food aid for Ethiopia, $476 million development assistance for Somalia and $12 million for Senegal
The United States Agency for International Development (USAID) has announced further assistance to more African...
Airtel Africa buys Kenyan network spectrum after losing Nigeria’s 5G to MTN
Airtel Africa has purchased additional spectrum in Kenya to extend its operation in the country,...
Unstoppable: Rai family becomes Kenya’s leading sugar manufacturer with the launch of their fourth milling plant
The $44-million Naitiri Sugar Company, which started milling in May, would produce at least 6,000...
IMF approves $235.6 million budget-support loan for Kenya
The Executive Board of the International Monetary Fund (IMF) has approved a $235.6 million loan...
Top 10 African countries with the highest number of millionaires in 2022
South African citizens have the greatest combined wealth at $651 billion, followed by Egypt ($307...
Costly jet fuel threatens Nigerian airlines, forces Kenyan airlines to hike airfares
Across Africa, the cost of jet fuel is on the rise and both airlines and...
Kenya-based food-tech startup Kune shuts down due to lack of funding
Kenya-based start-up Kune has decided to wind up its operations barely a year after inception....