[ad_1] Tanzania has received a $140 million grant from the African Development Bank Group (AfDB), aimed at constructing the 50-megawatt Malagarasi hydropower plant and an evacuation...
[ad_1] Overseas remittances to Sub-Saharan Africa declined to $42 billion in 2020 from $48 billion in 2019, a 12.5% drop in the face of the covid19...
[ad_1] The Central Bank of Kenya(CBK) accepted bids worth KSh 22.9 Billion from the weekly Treasury Bills Auction out of KSh 38.9 Billion received from investors,...
[ad_1] Counties are facing a severe cash crunch and will not pay salaries or for supplies. This is after National Treasury failed to disburse KSh105.9 billion...
[ad_1] The International Monetary Fund (IMF) has approved a $1 billion three-year loan facility to Uganda under the Extended Credit Facility (ECF). However, this is still subject to...
[ad_1] The International Finance Corporation has renewed its commitment to the Liquefied Petroleum Gas (LPG) project in Mombasa being developed by Mombasa Gas Terminal. Mombasa Gas...
[ad_1] Family Bank has received approval from the Capital Markets Authority(CMA) to raise KSh 8 billion in tranches through a multi-currency Medium Term Note (MTN). This...
[ad_1] India is set to pass a law that would criminalise possession, issuance, mining, trading and transferring crypto-assets, a senior government official told Reuters. This action...
[ad_1] Total Kenya, one of the biggest suppliers of Petroleum and Gas products in East Africa, has announced plans to change its name from Total Kenya...
[ad_1] Kenya Re-insurance has reported a full-year net profit of KSh2.94 billion for the year 2020, down from KSh3.966 billion in 2019, after requesting the Capital...