Kenya issues first Islamic bond to support affordable housing agenda

Nairobi, Sept. 23 -- Kenya's Capital Markets Authority (CMA) this week allowed the issuance of the first-ever Islamic bond in the country, tapping into the unexplored potential of sharia-compliant fin... Read More

Somalia on track for full debt relief in December, IMF says

Nairobi, Sept. 23 -- Somalia is on course to receive a full debt relief from the International Monetary Fund (IMF) and other lenders in December this year, after making important reforms to boost dome... Read More

Dim outlook for carbon market as companies cut back

Nairobi, Sept. 23 -- African leaders' plan to capitalise on global carbon markets as a source of affordable finance for climate-positive investments may not materialise soon as major buyers of carbon ... Read More

Jobs that will survive AI, and those that won't

Nairobi, Sept. 23 -- The rise of generative artificial intelligence models may spell doom or carry hope for your job in the near future, new research by the World Economic Forum (WEF) reveals. For so... Read More

Kenya and Indonesia target regional blocs

Nairobi, Aug. 27 -- Kenya and Indonesia are seeking to utilise improved political and trade ties to access each other's regional trading blocs to expand their export markets. During Indonesian Presid... Read More

Rebeca Grynspan: Remodelling financing for Africa needs will from IMF, World Bank

Nairobi, Aug. 19 -- The Secretary-General of the United Nations Conference on Trade and Development Rebeca Grynspan spoke with Vincent Owino on how Africa can better deal with its trade difficulties a... Read More

Will a Pan-African credit rating agency help lower cost of loans?

Nairobi, Aug. 14 -- Last week the African Union took issue with the persistent downgrades on African country's credit ratings by Fitch, Standard and Poor's, and Moody's agencies, which have made it ex... Read More

AU body accuses Moody's of premature comments on Kenya Eurobond plan

Nairobi, Aug. 11 -- The African Peer Review Mechanism (APRM), a continental self-monitoring platform for member states, is siding with Kenyan President William Ruto who has criticised rating agency Mo... Read More

How safe is sensitive data collected by Worldcoin for free tokens?

Nairobi, Aug. 2 -- Thousands of young people in Kenya's capital Nairobi have in the last two weeks been lining up at various retail stores to have their eyes scanned to 'verify' their humanity so they... Read More

Data privacy fears forces Kenya government to suspend World Coin

Nairobi, Aug. 2 -- Just how safe is data collected by Wordcoin from the thronging curious public? Kenya's Interior Ministry on Wednesday intervened to suspend the crazy of thousands of young people i... Read More