Applicants must be under 35 years of age and pursuing undergraduate or postgraduate studies in energy-related fields. In addition to the scholarship, recipients will get substantial financial support ranging from US$5,000 to US$10,000 Africa’s energy industry promises to bring tremendous prospects for economic expansion and…
Most countries in North Africa are struggling with searing poverty and economic vulnerabilities. Work opportunities in the region are limited…
Ongoing wars in Africa are bleeding billions from poor economies as investors flee the region. Sudan army is spending about…
The South Sudan Oil & Power (SSOP) 2023 summit will emphasizes the partnership between South Africa and South Sudan. Scheduled for 14 to16 June in Juba, the 6th edition of the SSOP will include the African Energy and Mining Business Forum. The summit will highlight the collaborative relationship between South Africa and South Sudan.
Kenya’s new loan will be disbursed through an instrument called Development Policy Operations (DPO). The loan will support key policy…
On 15 May, President William Ruto nominated Kamau Thugge as the new governor of the Central Bank of Kenya (CBK). If the Senate and the National Assembly ratify the appointment, Thugge will begin his first term as the CBK governor in mid-June. He will replace the incumbent Patrick Njoroge who assumed office as CBK governor in 2015.
The nomination of Thugge comes at a pivotal time for the Kenyan economy. Kenya’s inflation remains high at almost 8 per cent. The Kenyan shilling has also hit all-time lows against the US dollar. Thus, the monetary policies from the CBK will most likely come in handy in the coming months. But what makes Thugge the perfect fit for the crucial role of Kenya’s top banker?
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Airlines across Africa are expected to fly into a combined $500 million…
Industry & Trade
For Africa, 2023 looks set to become a year of solid recovery…
Countries
Applicants must be under 35 years of age and pursuing undergraduate or postgraduate studies in energy-related fields. In addition to the scholarship, recipients will…
Most countries in North Africa are struggling with searing poverty and economic…
Ongoing wars in Africa are bleeding billions from poor economies as investors…
Kenya’s new loan will be disbursed through an instrument called Development Policy…
Regional Markets
The Zimbabwe Stock Exchange (ZSE) on June 7 announced a halt in trading for two consecutive days. This comes amid investors flocking to the stock market as an escape from the rapid depreciation of the Zimbabwean dollar. The ZSE All Share index surpassed the 10 per cent threshold on the upside. Consequently, the ZSE exchange had to take immediate action.
Tech & Innovation
London-based fintech company, Unlimit has announced its entry into the Kenyan market, expanding its presence in Africa’s fintech industry. Initially launched in 2009, Unlimit focuses on…
Editor's Picks
Airlines across Africa are expected to fly into a combined $500 million…
Africa
Angola has become Africa Trade Insurance Agency’s (ATI) 21st member state by…
Industry & trade
TradeMark Africa (TMA) seeks a further reduction of trade costs while increasing…
Money Deals
The GSMA’s State of the Industry Report on Mobile Money 2023 shows…
Investing
Leaders are meeting in Nairobi for the Eastern Africa ‘Waste is Wealth’…