Egypt News Egypt’s c. bank joins PAPSS to boost intra-African trade Nada Ali Dec 3, 2024 0 The Central Bank of Egypt (CBE) approved joining the Pan-African Payment and Settlement System (PAPSS) in November…
Africa News Kenya targets 3.8% budget deficit for FY ’25/’26 Aya Anwar Nov 20, 2024 0 Kenya will target a budget deficit of 3.8 per cent of GDP in the FY 25/26 , a senior official from the Ministry of…
Africa News Egypt’s trade w/ African blocs up in ’23 Aya Anwar Nov 19, 2024 0 Egypt’s total trade with African Union countries reached $9.2 billion in 2023, marking a 5.7 per cent increase from…
Africa News Egypt’s Arab Contractors wins $70-m road project in Uganda Aya Anwar Oct 16, 2024 0 Arab Contractors Co. has secured a $70 million contract for the design and implementation of the 56-kilometer…
Africa News JPMorgan Chase plans African expansion Aya Anwar Oct 16, 2024 0 JPMorgan Chase, the largest US lender, is planning to enter Kenya and Ivory Coast this year as part of its strategy…
Africa News Kenya seeks IMF support amid economic adjustments Aya Anwar Oct 9, 2024 0 Kenya is in discussions with the International Monetary Fund (IMF) to secure additional funding by year-end and to…
Africa News Kenya projects 3.5% budget deficit in FY ’25 Nada Ali Sep 17, 2024 0 Kenya's finance ministry projected a decline in the country's budget deficit to 3.5 per cent of GDP in the upcoming…
Africa News Kenya launches national debt audit Yomna Yasser Sep 16, 2024 0 Kenya has initiated a comprehensive audit of its national debt, Finance Minister John Mbadi announced on Monday.…
Africa News Kenya c.bank to hold its next rate decision meeting on Oct 8 Yomna Yasser Sep 16, 2024 0 The Central Bank of Kenya (CBK) announced on Monday that its Monetary Policy Committee (MPC) will hold its next…
Tech/AI Huawei, Kenya join forces for cybersecurity boost Nada Ali Aug 27, 2024 0 Chinese telecom giant Huawei has joined forces with the Kenyan government to bolster the cybersecurity capabilities…