Kenyan court blocks Flutterwave’s accounts holding $3.3m

The Kenyan High Court on Tuesday ordered the seizure of $3.3 million belonging to Nigerian financial technology company, Flutterwave. Justice Grace Nzioka gave the order...

Relief, as first Africa-bound Ukrainian wheat shipment since Russia’s invasion finally arrives

The shipment, which arrived Djiboutian shores yesterday, would be heading to land-locked Ethiopia where millions of people are starving.The shipment would feed about 1.5...

Investment flows to Africa reached a record $83 billion in 2021

European investors remained by far the largest holders of foreign assets in Africa, led by the United Kingdom ($65 billion) and France ($60 billion).Southern...

Kenya Airways borrowed $94.1 million in half-year 2022, pushing current liabilities to $845.5 million

Kenya Airways' current liabilities rose to $845.5 million in half-year 2022.The airline is set to receive an additional $300.1 million worth of bailouts from...

Tanzania: There’s now Wi-Fi on Mount Kilimanjaro

The new broadband network will enable climbers to access reliable Wi-Fi internet up to an altitude of 12,205 feet (3,720 meters).High-speed internet access would...

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 power generation.Egypt and Sudan are worried that a reservoir...
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