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We've lifted barriers to foreign investment, Somalia PM Hamza Barre says

Nairobi, April 25 -- Somalia has removed a number of investment screening regimes that barred deployment of capital, giving foreigners the green light to wholly own their investments, repatriate capit... Read More


Fostering innovation and integrity: Kenya's path to be a model for Africa's online commodity trading

Nairobi, April 25 -- In recent years, the commodity market has emerged as a critical trading avenue. While prospects for other trading options have never looked more uncertain, commodities have not on... Read More


Chad elections: Four things Mahamat Deby has done to stay in power

Nairobi, April 24 -- Chad's presidential election campaigns officially kicked off on April 14, 2024 in the capital city, N'Djamena. Transitional President Mahamat Idriss Deby held a large meeting on ... Read More


Kenya third best in Africa for immigrants targeting top pay

Nairobi, April 24 -- Kenya is the third most preferred African country by immigrants seeking high income, according to a new report that showcases what draws foreign investors. The Henley Opportunity... Read More


Heavy rains pound Kenya as people count property losses

Nairobi, April 24 -- Kenyan residents in various parts of the country are counting heavy losses as heavy floods continue to destroy their properties. On Wednesday last week, the Kenyan government sou... Read More


Kenya economy to overtake Angola, IMF forecast shows

Nairobi, April 23 -- Kenya will overtake Angola to become the fourth largest economy in sub-Saharan Africa this year, behind South Africa, Nigeria, and Ethiopia, a forecast by the International Moneta... Read More


Digital access to unlock Africa's potential, President Ruto says

Nairobi, April 23 -- Kenya's President William Ruto has intensified calls to African government and business leaders to make the continent future-ready by incorporating technology. Speaking on Monday... Read More


Kenya second-hand clothes imports from China rise 86pc

Nairobi, April 23 -- The quantity of second-hand clothes imported from China, which is Kenya's main source of the popular low-cost used clothing, jumped by 86.2 per cent in the first quarter of this y... Read More


Turkey to start 'drilling' oil off Somali coast in 2025

Nairobi, April 23 -- Somalia says Turkey will begin drilling oil off the Horn of African country's massive coastline from next year, according to the Director General of the Somali Ministry of Petrole... Read More


Turkey to drill oil off Somali coast starting in 2025

Nairobi, April 23 -- Somalia says Turkey will begin drilling oil off the country's massive coastline from next year, according to the Director General of the Somali Ministry of Petroleum and Mineral R... Read More