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The rise of digital lending platforms is driving financial inclusion across Africa’s markets.

Tala upbeat to grow private lending across East Africa's emerging markets

Absa Bank Kenya PLC has reported net earnings of Ksh8.3 billion for the half-year ended 30 June 2023, representing a 32 per cent increase over the same period last year.

ABSA Bank Kenya posts Ksh8.3bn H1 net earnings 

Africa projects to handle well over 1.3 billion tonnes in cargo business by 2040 as investments in port capacity heats up across the continent. 

Ethiopia sinks $700m in push to expand investments in LAPSSET Corridor 

The earnings season for half-year results have largely remained positive with companies riding the tide to post solid results, despite the Kenyan stock market remaining volatile.

Kenya market watch: BAT, EABL, Limuru Tea & East African Cables post solid earnings

Just yesterday, the BRICS group of nations invited six new members to the bloc, including two from Africa, Ethiopia and Egypt, taking the number of African nations to three. 

What do new BRICS members have to gain from the bloc?

Over the last two weeks listed Kenyan lenders have released their earnings reports for H1 2023, after being faced with what has been called a tough business environment the last year. 

Kenya: Banking sector H1 earnings analysis

As Africa prepares to host the first ever climate summit in Nairobi early in September, significant threats linger on the continent's ability to tap innovative financing to address the pressing climate change needs.

Blended innovative financing: Master stroke to Africa’s climate financing 

Daudi Sumba, Regional Director for Eastern and Southern Africa at World Wildlife Fund spoke to CNBC Africa for more. 

Why Africa is struggling to raise climate finance 

Kenya’s equities and fixed income market is tipped to remain attractive as Kenya’s Eurobond matures in 2024. 

Kenya’s equities market rallies on Eurobond buy back sentiment

The East African region has been faced with ballooning public debt amidst attempts by countries to place a lid on mounting wage bills. CNBC Africa is joined by Kaneja Amani, Trader: Global Markets, Standard Bank for more. 

East Africa markets round up

The on-going economic headwinds are expected to hit the job market severely as inflation and currency fluctuations rage on. CNBC Africa spoke to Emmanuel Okeleji, CEO at Seamless HR for more insights.  

Re-imagining job market for blue collar workers 

Kenya is unlikely to default next 12 months given positive policy thrust and support from the IMF and World Bank this is according to a report by Bank of America. 

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