More people are opting to avoid using cash in their daily transactions in Kenya and this has reduced the use of Automated Teller Machines (ATMs) in…
Author: Nasir Agbalaya
Commercial activities are revving up in Africa. A Nigerian company is moving into East Africa. Nigeria’s Autocheck, the automotive technology company facilitating auto financing across Africa,…
Nigeria’s Debt Management Office (DMO) has approved eight transaction institutions to advise the country on its next Eurobonds issuance in a bid to finance the 2021…
Kenya has completed the construction of the 100 MW Kipeto Wind Farm Project, located in Kajiado. The two partners in this project, Pan-African developer BTE Renewables…
Ethiopia is restructuring an additional $1 billion of debt as it seeks to free up funds to support its economic recovery amid the global COVID-19 pandemic.…
Former IMF official, Marie Malangu Kabedi Mbuyi, has been appointed as the new Central Bank governor of the Democratic Republic of Congo. This is the first…
Another new note is being introduced into Zimbabwe. A new 50 Zimbabwe dollar note will be in circulation from Wednesday, according to a statement from the…
Nigerian lawmakers have passed the Petroleum Industry Bill. The bill is the longest piece of legislation to be passed into law in Nigeria. One of the…
Kenya’s inflation recorded a slight increase in May. It increased from 5.76% in April to 5.87% in May 2021 following a hike in the cost of…
The Rainbow nation has taken the bull by the horn and could become a hub for digital currency transactions. The South African Reserve Bank (SARB) is…