Rwanda: BNR Expands Forex Hedging to Shield Businesses from Currency Risks
(2 Minutes Read)
The National Bank of Rwanda (BNR) plans to extend its foreign exchange (forex) hedging facility—currently available only to commercial banks—to businesses and...
Kenya’s PMI Index Nosedives to Negative Region
(3 Minutes Read)
The Stanbic Bank Kenya Purchasing Managers’ Index fell to 49.6 in May from 52.0 a month earlier. Readings above 50.0 indicate growth...
“‘Anzia Ulipo’ Campaign Empowers Tanzanian Youth Through Innovation and Digital Tools”
(3 Minutes Read)
Tanzania has launched a new initiative aimed at motivating its citizens, particularly the youth, to take initiative, embrace innovation, and make use...
Bank of Tanzania Launches Two Key Systems to Strengthen Financial Services and Inclusion
(3 Minutes Read)
The Bank of Tanzania (BoT) has officially introduced two groundbreaking initiatives designed to improve the delivery of financial services across the country...
Tanzania Urges Strategic Foreign Investment to Boost Economic Growth
(3 Minutes Read)
The Tanzanian government has reiterated its appeal for large-scale, strategic foreign investments, cautioning against ventures that compete directly with local small businesses....
Advantage Uganda: World Bank set to Lift Freeze on Loans
(3 Minutes Read)
Since the law came into effect, rights groups report that hundreds of LGBTQ Ugandans have been evicted from their homes, subjected to...
Burundians to Vote Today to Elect Legislators
(3 Minutes read)
There have been ongoing reports of repression against journalists, activists, and opposition figures. Last month, media watchdog Reporters without Borders warned of...
DITF 2025: Gateway to Global Trade for Tanzanian Entrepreneurs
(3 Minutes Read)
The Tanzania Trade Development Authority (TanTrade) has revealed that the 49th Dar es Salaam International Trade Fair (DITF) is poised to broaden...
New Rules in Rwanda: Hefty Fines for Unauthorised Use of Foreign Currency
(3 Minutes Read)
In a decisive move to protect the Rwandan Franc and strengthen monetary control, the National Bank of Rwanda (BNR) has introduced tough...
Sudan’s Newly Appointed PM Urges World Community Not to Support RSF
(3 Minutes Read)
Sudan’s government has accused the UAE and neighbouring African states, including Chad, Libya, and South Sudan of supporting the RSF throughout the...
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