JPMorgan Chase plans African expansion
JPMorgan Chase, the largest US lender, is planning to enter Kenya and Ivory Coast this year as part of its strategy…
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Kenya
Kenya seeks IMF support amid economic adjustments
Kenya is in discussions with the International Monetary Fund (IMF) to secure additional funding by year-end and to…
Kenya projects 3.5% budget deficit in FY ’25
Kenya's finance ministry projected a decline in the country's budget deficit to 3.5 per cent of GDP in the upcoming…
Kenya launches national debt audit
Kenya has initiated a comprehensive audit of its national debt, Finance Minister John Mbadi announced on Monday.…
Kenya c.bank to hold its next rate decision meeting on Oct 8
The Central Bank of Kenya (CBK) announced on Monday that its Monetary Policy Committee (MPC) will hold its next…
Huawei, Kenya join forces for cybersecurity boost
Chinese telecom giant Huawei has joined forces with the Kenyan government to bolster the cybersecurity capabilities…
China-Africa economic ties reach new highs – official
China has underscored its deepening economic and trade cooperation with Africa since the 2021 Forum on China-Africa…
FAO, EU launch €47m programme for E. African pastoralists
The Food and Agriculture Organisation (FAO) and the European Union (EU) have launched a €47 million programme to…
Kenya seeks IMF approval for economic plan
Kenya has submitted an economic repair plan to the International Monetary Fund (IMF), with the IMF board expected…
Egypt remains Africa’s top investment destination – UNCTAD
Egypt has been named Africa's top destination for foreign investment for the second consecutive year, according to…
AfDB 2023