cbea

As the world welcomed thanksgiving Friday in the globe’s largest economy the United States of America, shoppers and travelers have hit a record high as the black Friday bug caught on with many. 

 Black Friday gets consumers on the edge as festive season kicks in

Guinea’s mining sector is poised for a bright future after a rocky past riddled with conflict. 

Guinea ramps up mineral exploration to drive economic growth under vision 2040

African countries are making enormous strides in attracting foreign direct investments despite facing multiple shocks. 

Africa investment climate improving but more reforms required

Low income countries are on the verge of debt distress as currency volatility continues to rock regional markets for many African countries according to a new report released by Africatalyst. 

Role of local currency financing in navigating debt challenges for low-income countries

African countries still remain attractive for investments as the continent works fast to improve the business environment through implementing wide ranging business reforms that are increasing the flow of foreign direct investments. 

Fostering growth of African economies through FDI

American ride hailing company Uber has generated Ksh14.1 billion in revenue under it's Kenya operations in it’s latest impact report for 2023. 

Uber’s Imran Manji: East Africa is the future

East Africa’s financial markets for a better part of 2024 witnessed monetary tightening as inflation remained elevated. Steady efforts by Central Bank Governors have seen the fight on inflation subside. 

East Africa: Regional markets outlook stronger as inflation cools

As the dust slowly settles after a whirlwind for Indian based firm, Adani Group, the company’s stocks have taken a hit with total value of $15 billion being shed off since the U.S Government accused the company of bribery allegations. 

Bichachi: Adani will need to revisit Africa operations

Rwanda is upping the ante with the country continuing to ease the cost of doing business through it’s new national investment strategy. 

Rwanda bets on driving investments portfolio to $4.6bn

Indian billionaire Gautam Adani and the Adani Group have been facing intense scrutiny this week following bribery allegations made by the U.S. government. 

What next for multi-billion projects after Adani bribery probe

Rwanda is diversifying investment options for investors as the country showcases other emerging towns outside the capital. 

Trade & Industry Minister Prudence Sebahizi on increasing Rwanda’s economic attractiveness

Rwanda has revised upwards inflation projections for 2025 with overall inflation estimated at 5.8 per cent for 2025 as food inflation is tipped to soar owing to climate change which may impact harvest and thus taking up food inflation.  

CBEA