The Kenyan lender with subsidiaries in Tanzania, Rwanda, and Uganda saw customer deposits close at $4.4 billion, 15.3 per cent, year-on-year. Assets grew to $5.5 billion, 18.6 per cent up year-on-year. During the year that ended December 31, 2023, NCBA’s loan book grew to $2.5…
As millions of people in Africa go to bed hungry today, tonnes of food will end up in landfills, too.…
With operations in Kenya, Rwanda, Tanzania, Uganda and Mauritius, I&M Bank has attributed 15 per cent profit growth to an…
MTN is divesting its stakes in Guinea-Bissau and Guinea-Conakry to Telecel. The telco giant will now shift more focus on…
Early last year, another German shoe line announced an investment of $2.66 million to expand its presence in Kenya by…
The Kenyan lender with subsidiaries in Tanzania, Rwanda, and Uganda saw customer…
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Tanzania to earn $400 million annually from tobacco export/sells. The country now…
Industry & Trade
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Countries
As millions of people in Africa go to bed hungry today, tonnes of food will end up in landfills, too. A UN report identifies…
Bassirou Diomaye Faye, a former tax collector, is Senegal’s president-elect. Faye has…
Tanzania has offered the Uganda National Oil Company (Unoc) to use the…
Sudan’s humanitarian crisis is the worst in recent history, according to the…
Regional Markets
East African Cables is a private limited liability company incorporated in mainland Tanzania. It manufactures extensive cables for domestic and…
Tech & Innovation
MTN is divesting its stakes in Guinea-Bissau and Guinea-Conakry to Telecel. The telco giant will now shift more focus on rising markets Ghana, Cameroon, Nigeria, and…
Editor's Picks
Tanzania to earn $400 million annually from tobacco export/sells. The country now…
Africa
If oil disappeared tomorrow, thousands of petroleum-based products would vanish with it.…
Industry & trade
Early last year, another German shoe line announced an investment of $2.66…
Money Deals
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Investing
Air Tanzania has received Boeing 737-9 Max, its second aircraft from the…