Kenya’s official foreign currency reserves plunge
Kenya’s official foreign currency reserves plunged by $621 million (Sh70 billion) in January-February this year.
The Central Bank of Kenya reported that its...
Airtel Kenya’s Seven-year legal fight with the CAK ends with an out of court...
The company had been fighting a legal battle for the last seven-year with the Communications Authority of Kenya (CAK) over its expired licence.
...
EAC Trade Remedies Committee to iron out disputes
After missing its deadline of December last year, It is hoped that East African Community’s long awaited ombudsman for regional trade disputes will...
Kenyan economy shedding Covid-19 blues gradually: Hiring by companies increases
(3 minutes read)
Economic conditions in the Kenyan private sector improved at a faster pace in January, driven by sharp increases in output and...
Mobile transactions in Kenya grows
(3 minutes read)
Mobile money transactions in Kenya grew by 32% in 2021, according to data provided by the Central Bank of Kenya(CBK) in...
Ethiopia’s economic cost of the Tigray war
Ethiopia has recorded a slight drop in its inflation to 34.5 percent in January of 2022, from 35.1 percent in December.
According to data...
Djibouti delegation to visit Kenya for Khat imports
Djibouti’s Trade minister is expected to lead a delegation to Nairobi to explore import possibilities of khat (miraa).
The khat is a flowering...
The National Bank of Ethiopia and Afreximbank sign MOU
With the objective of scaling up trade and investment, the National Bank of Ethiopia and African Export-Import Bank (Afreximbank), the pan-African multilateral trade finance...
What ails Ethiopia’s exports
A consultative meeting was held between stakeholders to discuss the strategy to boost Ethiopia’s export revenues.
The meeting was initiated by Addis Ababa...
EAC moving closer to signing of the new Economic Partnership Agreement
A prerequisite of East African Community’s (ECA) Economic Partnership Agreement (EPA) agreement with the EU is it has to be endorsed by all...
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