Ruto in 'Time Magazine' 100 world leaders climate action list

Nairobi, Nov. 17 -- Kenya's President William Ruto has been recognized by Time Magazine as one of the 100 most influential Climate Leaders in Business for 2023. The US magazine said Dr Ruto has gaine... Read More

Uganda President Museveni accuses UN of 'conserving' terrorism

Nairobi, Nov. 16 -- Uganda's President Yoweri Museveni has accused the United Nations of "conserving" terrorism in the Democratic Republic of Congo (DRC), and breeding chaos in multiple countries in t... Read More

Crypto firm wins Africa financial industry innovation award

Nairobi, Nov. 16 -- Pan-African cryptocurrency exchange platform, Yellow Card, has bagged the top financial industry award for innovative businesses in the sector, signaling a growing acceptance of th... Read More

Kenya shilling's free fall inflating foreign debt by $20m daily

Nairobi, Nov. 16 -- Kenya's stock of external debts and the cost of repayment is increasing by Ksh3.16 billion ($20.8 million) every day as the shilling sheds its value against the dollar, giving a fr... Read More

Haiti Mission: Ruto on the verge of getting MPs' approval

Nairobi, Nov. 16 -- Kenya's President William Ruto is on the verge of getting parliamentary approval to deploy 1,000 Kenyan police officers to the war-torn Caribbean nation of Haiti. This comes after... Read More

Kenya cement maker sells $84m stake in Uganda

Nairobi, Nov. 16 -- Bamburi Cement is set to sell its 70 percent stake in its Ugandan subsidiary Hima Cement for $84 million (Ksh12.7 billion), a move that will boost its cash flows. Hima Cement's mi... Read More

Ethiopia opens up more sectors as exchange readies for launch

Nairobi, Nov. 16 -- Ethiopia is planning to ease its restrictions on participation of foreigners in its domestic financial markets as it prepares to launch its local currency securities exchange platf... Read More

Ethiopia PM Abiy intervenes to free detained AfDB staffers

Nairobi, Nov. 16 -- Ethiopia's Prime Minister Abiy Ahmed personally intervened to have two staffers of the African Development Bank (AfDB) freed from detention, the lender said on Thursday. The incid... Read More

DRC elections: Kabila family legacy looms large over nation's polls

Nairobi, Nov. 16 -- The Democratic Republic of Congo (DRC) is expected to hold elections on December 20, 2023. The country's electoral commission has announced President Felix Tshisekedi will be seeki... Read More

M-Pesa not for sale yet, says Vodacom Group

Nairobi, Nov. 16 -- South Africa's telecoms operator Vodacom Group says it is not yet ready to sell part of its stake in mobile money platform M-Pesa, as rivals make moves to monetise their financial ... Read More