Kenya proposes tax on infrastructure bonds
The Kenyan government plans to implement a tax on interest earned from infrastructure bonds, potentially reaching…
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Kenya
Microsoft closes down Nigeria’s Africa Development Centre
Microsoft Corporation has closed down the engineering division of its Africa Development Center in Nigeria, just…
Egypt’s Sisi urges joint effort to address Africa’s economic challenges
Advancing Africa's development requires a joint effort to tackle challenges, particularly in Sub-Saharan Africa,…
African leaders urge record funds for development
African leaders on Monday urged wealthy nations to make record commitments to a low-interest World Bank programme…
US payrolls expected to rise by 200,000 for 4th consecutive month – poll
March saw continued robust employment gains in the US, with moderated wage growth suggesting a stable labor market…
Uganda to import petroleum products via Kenya’s Mombasa port
Kenya will enable Uganda's state oil firm to import petroleum products through its Mombasa port, Reuters reported…
Africa’s biggest economies likely to hold interest rates
Central banks in Africa’s biggest economies are expected to diverge from their Latin American and European…
Kenya announces $2bln bond-buyback programme
Kenya announces that it would be selling new securities and making an offer to buy back its $2 billion in debt.
Bayer to outsource 3rd party for business in Africa
Germany's Bayer announced that it would hire a third party to distribute its pharmaceuticals in four African…
Egypt’s Al Monairy taps 20% of 2024 exports for Kenya market
Egypt’s Al Monairy for Corn Products seeks to direct 20 percent of its exports to the Kenyan market in 2024, said…
