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- Somalia, Ethiopia agree to squash tense port feud, Turkish leader says
- World Bank cuts Kenya’s 2024 economic growth to 4.7 percent
- African Development Bank Leads $1.2 Billion Financing Syndication for Tanzania’s Standard Gauge Railway Project
- Kenya Railways has defaulted on a $1.3 billion loan from China Exim Bank
- Africa50 announces USD15 million investment in Raya Data Center to support expansion plans, boosting Egypt’s digital economy
- East Africa: Between the cradle of humanity and a promising future
- McKinsey Africa to pay $122.8 million in bribery case
- Kenya’s Central Bank cuts rate by a further 75 basis point to 11.25 percent
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Ethiopia and Somalia have agreed to work together to solve Addis Ababa’s plans to build a port in Somaliland. In…...
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The World Bank has downgraded Kenya’s growth projection for the year to 4.7 percent, levels matching the pre-pandemic slowed rate…...
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Savannah Clinker Limited has withdrawn its bid for Bamburi Cement following arrest of its chairman and managing director, Benson Ndeta,…...
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Carrefour’s closure of one of its stores in Kenya’s lake city of Kisumu comes amid stiff rivalry with Naivas supermarket…...
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The African Development Bank has approved a EUR 200 million ($209.8 million) partial credit guarantee (PCG) to support Togo’s inaugural…...
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Equity has signed a trade credit financing agreement with BpiFrance, the public investment bank of France, to strengthen support for…
President Ruto has directed 34 state agencies to join the E-Citizen platform or face disciplinary actions. The government agencies have…...
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Kenya’s High court has ordered the government to reveal the contents of the Adani deals after President William Ruto’s pronouncement…...
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John Mbadi’s first speech as Kenya’s Cabinet Secretary for National Treasury and Economic Planning was anchored on a raft of…...
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Kenya’s President William Ruto defended his administration’s record while delivering his second State of the Nation Address in Parliament on…...
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Kenya could raise over $781 million (Ksh100.75 billion) nearly a third of Treasury’s target in the rejected finance bill, by…...
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Kenya’s President William Ruto has cancelled with immediate effect any deals his government had with Adani Group following the indictment…...
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Ecobank Transnational Incorporated (ETI), has issued a $400 million Eurobond on the London Stock Exchange (LSE) main market that will…...
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The African Export-Import Bank (Afreximbank) has successfully raised $523 million (JP¥81.3 billion) in its debut issue of a Samurai bond.…...
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Abdirahman Mohamed Abdillahi has won the presidential polls of Somaliland, a breakaway region of Somalia, according to the provisional results.…...
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Only 962 of Kenyan government companies that were awarded tenders have revealed their ownership structure and beneficiaries, according to a…...
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Four new funds created by licensed asset management companies have received approval from Kenya’s Capital Markets Authority (CMA) on Thursday…...
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Equity Group has reported a net profit of $304.2 million for the third quarter of the year, representing a growth…...
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United States ambassador to Kenya Meg Whitman has resigned days after Donald Trump won the elections in a strong comeback…...
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Ecobank Transnational Incorporated (ETI) has partnered with Nium, a Singapore-headquartered cross- border payments company for seamless cross border payments across…...
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Kenya’s largest telecommunications company, Safaricom Plc has acquired an insurance license ending a four year wait as part of its…...
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Telkom Kenya lost more than one million customers in the one year period to June 2024, new industry data shows,…...
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Professor Abraham Kithure Kindiki has been sworn in as the thirteenth (13th) Deputy President of the Republic of Kenya following…...
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Kenya is set to receive $606 million from the International Monetary Fund (IMF) as part of the seventh and eighth…...
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Airtel Kenya has disclosed it secured an extension of its operating licence for two years from January in the newly…...
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Listed firm HF Group has received approval from Kenya’s Capital Markets Authority (CMA) to raise up to $46.5 million (Ksh6…...
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Savannah Clinker has increased its proposed price for takeover of listed cement manufacturer Bamburi by 9.3 percent from $0.54 (Ksh70)…...
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Nigeria’s federal government has withdrawn money laundering charges against detained Binance executive Tigran Gambaryan on medical grounds. The charges were…...
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Various humanitarian bodies including Amnesty International and the United Nation’s refugee arm have expressed deep concern and alarm over the…...
East African investors have been locked out of the initial public offering (IPO) of the Ethiopia’s state owned telecommunications company. …...
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About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com
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