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Kenyan banks had been reluctant to reduce lending rates, pushing for a significant rate cut from the Central Bank of Kenya. 

Reprieve for Kenyan banks as CBK lowers rate to 11.25%

Global leaders are converging in Morocco’s capital Rabat for this year’s Africa Investment Forum. The forum running under the theme “Leveraging Innovative Partnerships for Scale” hopes to deepen investments into the continent. 

Africa Investment Forum roots for innovative financing

Sporadic conflict and political tensions in the Sahel region are raising uncertainties over Africa’s stability as pundits reckon this would have massive spillover effects if unchecked. 

Tony Blair Institute raises red flag over Sahel conflict 

Africa is the world’s second most unequal region after Latin America, and the only one where extreme poverty reduction has stalled in recent years according to a new report released by the World Bank.

Africa second most unequal region in new World Bank report

The performance of offshore investments in Kenya in 2024 reflects a mixed yet promising landscape, shaped by both domestic and global economic trends. 

Kenya offshore investments performance update

East Africa's mobile money transactions declined by approximately 0.61 per cent, from $491 billion in 2022 to $488 billion in 2023. 

Digital payments vital for SME growth & financial inclusion in East Africa

Tanzania’s financial markets are gaining momentum with CRDB’s first infrastructure bond, "Samia," offering an attractive interest rate of 12 per cent per annum. 

Tanzania market status as TZS gains over 3% in two months

Africa’s private sector stands at opportune moment with a 1.4 billion population, this presents a competitive advantage for the 3.5 trillion-dollar economy. 

Private sector key to building pan-African value chains

All eyes on Kenya as the Monetary Policy Committee meets on the 5th of December. The last MPC held in October saw the bank cut rates by 75 basis points from 12.75 per cent to 12 per cent marking the biggest cut since Covid 19. 

Kenya’s MPC meeting sparks market jitters ahead of decision

Rwanda’s tax administration reforms, particularly the implementation of Electronic Billing Machines (EBM) and digital tax systems, have had a significant impact on the country’s revenue collection efforts. 

Rwanda Revenue Authority on strengthening domestic revenue mobilisation

Kenya is at the brink of a technological revolution, with Generative AI (GenAI) set to redefine how businesses operate. But what makes Kenya uniquely positioned to lead generative AI adoption in Africa? 

What makes Kenya uniquely positioned to lead Generative AI adoption in Africa?

The East African Community has been deemed as the most integrated trading bloc in the continent. 

RWANDA