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A green industrial garment factory has broken ground in Kenya's Athi River Export Processing Zone (EPZ), with a $530,000 investment from the United States Agency for International Development and a $1.3 million loan from Trade Catalyst Africa.

Kenya breaks ground for first green garment factory from recycled containers

West and East African countries are ramping up investments in shipping infrastructure in a bid to deepen regional trade. 

AfCFTA driving growth of Africa’s logistics business

Pan African lender Ecobank has inked a new round of financing totaling to 149 million US dollars from IFC to go towards trade financing. CNBC Africa spoke to the bank’s Board Chair, Alain Francis Nkontchou for more. 

Ecobank secures $149mn financing from IFC to drive trade

In the recent visit to the United States, Abdi Mohamed, ABSA Bank CEO, accompanied Kenya's President William Ruto under the capacity of the private sector representative on Public-private partnerships. 

Unlocking private capital for Kenyan public–private partnerships

Global rating agency Moody's has downgraded Uganda's rating to B3 from B2, citing diminished debt affordability and financing options. 

Moody's downgrades Uganda’s rating to B3 from B2

Kenya's tourism industry is a major economic driver, but faces new challenges with disruptive forces like the sharing economy changing the hospitality landscape.

Inside Kenya's Hotel Industry: Collaborations with sharing economy platforms

The Kenyan equities market experienced a bullish sentiment last week, as indicated by the performance of the Nairobi All Share Index at 3.8 per cent and Nairobi Securities Exchange 20 Share Index at 2.7 per cent. 

Nairobi Stock Exchange up despite 22.5% drop in turnover

The Kenya Association of Manufacturers (KAM) contends that raising the Import Declaration Fee from 2.5 per cent to 3 per cent will increase the cost of raw materials, which could hinder the manufacturing sector's capacity to add value. 

KAM raises red flag over punitive tax measures in finance bill

As Visa continues to expand its footprint in under-served communities, it remains committed to enhancing financial inclusion and accessibility to digital payments. 

Fostering collaboration for faster payments in underserved communities

Tanzania is emerging as a significant player in regional trade and logistics, leveraging its strategic location and infrastructure developments, such as enhanced port facilities and the Standard Gauge Railway (SGR), to deepen trade investments. 

Accelerating regional integration & intra-EAC trade

Africa faces a complex energy challenge, but there is a growing focus on navigating this landscape toward a more efficient and sustainable future through strategic partnerships.

Powering Africa's future: Efficiency, collaboration, sustainability

CNBC Africa's Aby Agina sat down Kenyan President, William Ruto on the side-lines of the Africa CEO Forum in Kigali, Rwanda. 

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