CBK has cut its benchmark rate to 8.75% to boost lending, support economic growth, and maintain stable inflation.
CBK has cut its benchmark rate to 8.75% to boost lending, support economic growth, and maintain stable inflation.
Kenya’s high crime ranking shows how illicit markets are reshaping economic risk and investor confidence.
Eveready East Africa is ending its long reliance on dry-cell batteries and repositioning itself around solar power, electric mobility and carbon markets to stay relevant in Kenya’s fast-changing energy sector.
Malawi is targeting inflation below 21% this year as the government pursues IMF-backed reforms to stabilise prices, ease foreign exchange shortages, and restore economic growth.
The urgency of these measures stems from Senegal's rapidly deteriorating fiscal position. Public debt reached 132 per cent of gross domestic product by the end of 2024, according to the International Monetary Fund.
AI is no longer a future concept in East Africa. It’s already inside the home.
MTN Uganda has reported a 13.6 per cent increase in full-year revenue to $972 million for the year ended 31 December 2025, driven by rising demand for mobile data and financial technology services.
Kenya’s bid to increase its budget for hosting the 2027 AFCON has stalled after the National Assembly Committee on Sports and Culture rejected a proposal to raise the allocation from Sh3.5 billion to Sh5 billion, citing weak justification and arguing that costs should be lower because the tournament will be co-hosted with Uganda and Tanzania.
M-Pesa has partnered with a UAE-based blockchain firm to introduce stablecoin payments in Kenya and other African markets, aiming to cut transaction costs and speed up cross-border transfers.
The bill represents a fundamental shift in how Kenya finances infrastructure, moving from heavy public borrowing to an investment-driven model that taps private capital, pension funds, and international investors.