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Coverage of financial markets, economic policy, business activity, and trends affecting local and global economies.
Africa’s richest businessman signals readiness to back a major oil refinery in Tanzania, as regional leaders push for energy independence and reduced reliance on imports.
Kenya has sought emergency funding from the World Bank as the economic shock from the Iran conflict drives fuel price fears, inflation, and rising living costs.
The latest Forbes ranking of Africa’s billionaires reveals the top 10 richest individuals in 2026, with industrial sectors dominating the sources of their growing wealth.
the BoT just released its latest money market report. They’ve moved the 7-day interest rate to 6.09% to help stabilize the TShilling against the dollar. It’s a technical move, but it affects everything from your bank loans to the price of imported goods in the shops today.
A new flagship platform was unveiled this morning to mobilize long-term capital for cross-border projects aligned with Agenda 2063.
The World Bank has approved new financing to help 2.3 million people in Himachal Pradesh, India, build infrastructure resilient to extreme weather. The project focuses on "community-owned" solutions to survive the increasingly volatile climate in the Himalayas.
Facing a sharp downturn in the global diamond market, Botswana plans to survey roughly 70 percent of its unexplored land for critical minerals, Mines Minister Bogolo Joy Kenewendo said this week.
The Nigerian naira traded around ₦1,363 per dollar in official markets, maintaining calm after weeks of stability, as the Central Bank’s electronic matching system appears to reduce wild swings.
