The US government sent out a warning against 14 countries, mainly from Africa, against buying…

Global Finance has named KCB 2022’s best bank in sustainable finance in Kenya  KCB was…

In many ethnicities, kissing a person’s hand has classic, cultural, and religious connotations. It can…

It is obvious that the DRC’s desire to become a member of the EAC is to tap into the benefits of regional trade, i.e. an expanded market of 300 million people, and to increase Foreign Direct Investment (FDI) through its membership in the EAC bloc. DRC’s capital market remains underdeveloped and consists mainly of the issuance of treasury bonds.

There is no stock exchange in the country and only a small number of private equity firms are actively investing in the mining industry.  There are hardly any institutional investors in the DRC except for an insurance company and a state pension fund. The Central Bank of Congo (BCC), developed a market for short-term bonds, which are bought and held by local Congolese banks. 

The absence of a domestic debt market has meant that the fixed-rate market is limited to government-issued treasury bonds with maturities of up to 28 days traded through commercial banks.

Liquid Intelligent Technologies has acquired Telrad, an Israeli-based technology firm, subject to customary closing conditions,…

President Uhuru Kenyatta has announced a minimum wage increase of 12 per cent from 1st…