Regional Energy Integration Takes Center Stage at East African Energy Conference
(3 Minutes Read)
A significant regional energy conference began on Monday in Mombasa, Kenya, attracting more than 300 participants to discuss strengthening energy security in...
Ethiopia: Lawmakers Ratify Overdue Real Estate Bill, Set Standards for Broker Licensing
(3 Minutes Read)
The Ethiopian Ministry of Urban and Infrastructure Development is set to establish national standards for the registration and licensing of real estate...
Ethiopia’s Central Bank Flags Increased Liquidity Risks for Commercial Banks
(3 Minutes Read)
The root cause of the problems is the concentration of deposits and credit in the hands of a few clients. At the...
Kenya Cuts Lending Rate by 75 Basis Points
(3 Minutes Read)
Kenya’s central bank has reduced its benchmark lending rate by 75 basis points to 11.25%, citing a slowdown in economic growth in...
Cost of Living in Kenya Marginally UP
(3 Minutes Read)
November data from the Kenya National Bureau of Statistics puts the inflation rate in November at 2.8% compared to 2.7% in October....
KenGen to Raise USD 4.2 bn to Develop Geothermal Energy in Kenya
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Kenya Electricity Generating Company PLC (KenGen), the leading power generating company in East Africa has begun the process of raising USD 4.2...
Kenyan Airlines Transforming Using Technology to Stay Ahead
(3 Minutes Read)
Kenya Airways (KQ) is reinventing its platforms to allow enhanced customer engagement and provide prospective travellers greater freedom to manage their flights.
The...
Kenya’s Kisumu port cargo volumes up on Higher Uganda imports
(3 Minutes Read)
According to the latest data by the Kenya Ports Authority (KPA), in 2017, the port used to receive just 10 vessels, and...
Ruto New Head of EAC in A Surprise Move
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Democratic Republic of Congo President Felix Tshisekedi, who was expected to take over from South Sudan’s President Salva Kiir, did not attend...
Mauritius New Central Bank Governor Spells out Priorities
(3 Minutes Read)
The new Governor of the Central Bank stated two immediate priorities. First, he said that the central bank will have to implement...
