Kenya’s Central Bank to decide new lending rate in October
Kenya's central bank said on Monday its Monetary Policy Committee will hold an interest rate meeting on October 8.We estimate that the Central Bank of Kenya (CBK) will reduce the…
Turkish Government set to invest $100m in Ghana’s agriculture and health sectors
Turkey has disclosed plans to invest over $100 million in the health and agricultural sectors of Ghana.In view of this, a 10-member delegation, comprising academicians, finance experts, health professionals, and…
Mali, Burkina Faso and Niger launch biometric passports as part of new partnership
Mali, Niger and Burkina Faso, will unveil a new biometric passport to boost cooperation and security. The three countries made the announcement under The Alliance of States in the Sahel…
Egypt’s Richest Man, Nassef Sawiris sees net worth soar
Egyptian billionaire Nassef Sawiris has seen a significant increase of $912 million in his net worth in 2024, according to the Bloomberg Billionaires Index. As the leader of Orascom Construction…
Ghana raises Cocoa price by almost 45% to boost farmers’ Incomes
Ghana has raised the fixed farmgate price paid to cocoa farmers by nearly 45% to help boost their incomes and curb smuggling.The new price raises the payment for a 64-kilogramme…
How to leverage social media for business growth in developing Economies
Social media is an online platform that allows people to create, share and exchange ideas, content, information, videos or images in computer-based interactive communities.Brands that successfully leverage social media have…
Liquid expands cyber security services, a game-changer for businesses in EA
Liquid Intelligence Technologies has announced the addition of new cybersecurity solutions to its Cybersecurity Convergence Center (CSFC) offerings.Liquid has significantly broadened its cybersecurity portfolio for businesses operating in East Africa.…
African Development Bank raises $2 billion in Bonds as it celebrates Diamond Jubilee
The African Development Bank (AfDB) has successfully launched and priced a new $2 billion five-year Social Benchmark bond, maturing on September 18, 2029.This issuance coincides with the bank's 60th anniversary…
Ivory Coast becomes Nigeria’s biggest trade partner in Africa
Ivory Coast has become Nigeria's biggest trade partner following the importation of crude oil worth N2.5 trillion in the first half of this year. This is according to the latest…
Nigeria unveils plan to generate $100 billion from creative industry
The Nigerian government has unveiled plans to generate an annual revenue of at least $100 billion through the creative industry. The plan was unveiled by the Minister of Arts, Culture…
