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Watu celebrates three years in Tanzania

Nairobi, July 1 -- Highlights Tanzania has recently witnessed a remarkable transformation in the financial sector, leveraging the rapid growth of technology in developing and distributing financial s... Read More


Watu empowering Africa's future through sustainable mobility and financial inclusion

Nairobi, July 1 -- In the rapidly evolving landscape of East Africa, Watu, an asset fintech company, is not just transforming financial inclusion and mobility but also inspiring a new wave of hope and... Read More


Kenya to open market for duty-free EU imports after trade deal takes effect

Nairobi, July 1 -- Kenya and the European Union have enforced a trade deal after a decade of negotiations, opening up the domestic market for tax-free goods from the 27-country bloc after 25 years. E... Read More


Prices of Kenya's imported second-hand cars fall as shilling rallies against dollar

Nairobi, June 30 -- The Kenyan prices of some popular brands of imported second-hand cars have dropped by double-digits between January and this month, driven by the shilling's rally against the dolla... Read More


Uganda Airlines allocates $95m to promote local purchases

Nairobi, June 30 -- Uganda Airlines plans to spend $95 million on procurement during 2024/25 fiscal year and is exploring ways of supporting local suppliers to earn a bigger slice of that spend. The m... Read More


Financial exclusion, lack of identity documents: The nightmare of Kenyan refugees

Nairobi, June 30 -- Eraste Mwaka, 43, left his home in the Democratic Republic of Congo (DRC) full of hope that he'd find a lasting, peaceful and better life in Nairobi, but reality tasted different w... Read More


EAC members to fund bulk of bloc's $112m budget

Nairobi, June 30 -- The East African Community this week presented its budget, raising it 8.7 percent to $112.98 million, from $103 million last year. But partner states' contributions have been revi... Read More


AU attempts new mediation as hunger ravages Sudan

Nairobi, June 30 -- The African Union (AU) is launching another bid to save Sudan from war, even as it fights what it calls a proliferation of mediation channels competing with one another, amid a mou... Read More


As Atmis exit, Al Shabaab creates deadly pan-East African force

Nairobi, June 30 -- The African Union (AU) has backed the creation of a new force to replace the more than 10,000 troops of its peacekeeping mission due to leave Somalia by end of December. This comes... Read More


Multichoice group mulls over Africa's business growth plan

Nairobi, June 30 -- South Africa's entertainment firm Multichoice group is reconsidering its business plan for African operations amid falling revenues and shrinking subscriber numbers. This comes as... Read More