• About
  • Advertise
  • Contact
  • Privacy policy
The Exchange
  • Home
  • Industry and Trade
    • All
    • Agribusiness
    • Extractive and Energy
    • Health
    • Infrastructure
    • Manufacturing
    • Telcos
    EAC gets key roads in Kenya and Tanzania funded by the AfDB board

    EAC gets key roads in Kenya and Tanzania funded by the AfDB board

    $120m to African SMEs for renewable energy

    $120m to African SMEs for renewable energy

    Development Bank of Southern Africa gives $81.30 million to Mozambique

    Development Bank of Southern Africa gives $81.30 million to Mozambique

    More light for Madagascar as Norfund and We Light mini-grid plan

    More light for Madagascar as Norfund and We Light mini-grid plan

    M-Kopa addressing Kenya's energy needs, a fridge at a time

    M-Kopa addressing Kenya’s energy needs, a fridge at a time

    Ghana hosts key African Continental Free Trade Area meetings

    Ghana hosts key African Continental Free Trade Area meetings

    An exhibitor (L) explains a point to (2nd Left- Right) KAM Chair Sachen Gudka, Environment CAS Mohamed Elmi, NEMA Ag. DG Mamo b Mamo, and KAM Vice Chair Mucai Kunyiha

    Kenyan Manufacturers launch a plan to manage plastic waste

    venture africa-AfDB

    African youth to benefit from Microsoft and AfDB coding platform

    EAC looks to review its textile strategy

    EAC looks to review its textile strategy

  • Investing
    • All
    • Africa's Development
    • African Entrepreneurship
    • Small Business
    French Development Agency $30 million for African SMEs

    French Development Agency provides $30 million for African SMEs

    Finland increases its support to African Development Fund

    Finland increases its support to African Development Fund

    Qatar Airways- The exchange

    Qatar Airways grabs a handsome stake in Rwanda International Airport

    Ghana hosts key African Continental Free Trade Area meetings

    Ghana hosts key African Continental Free Trade Area meetings

    Committee to promote trade between Ghana, Japan initiated

    Committee to promote trade between Ghana, Japan started

    The eWTP hub, the second in Africa after Rwanda, will serve as a gateway for Ethiopian products to China and new markets

    Ethiopia and Alibaba Group sign agreements to establish eWTP Ethiopia hub

    African Development Fund

    African Development Fund gets a shot in the arm from donors

    Aga Khan sends his vision for Africa at Kusi Ideas Festival, Rwanda

    Aga Khan sends his vision for Africa at Kusi Ideas Festival, Rwanda

    Solar energy Plant

    Burkina Faso benefits from $53 million AfDB funding for solar energy

  • Stock Markets
    • All
    • DSE
    • NSE
    • RSE
    • USE
    The Nairobi Securities Exchange(NSE) has recorded an 82 per sent drop in half year profit to June 30, the self listed firm has reported. The group's profit during the period Ksh24 million as compared to Ksh134 million recorded over the same period in 2018. Global economic growth remained subdued in the first half of 2019 on account of strained US-China trade relations coupled with prolonged Brexit uncertainty, that significantly impacted on investor sentiments, slowing down investment.

    Why NSE profits have dropped 82%

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    Bear run continues at NSE with drop in key index

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    All eyes on NSE as futures trading kicks off

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    NSE trade more than doubles as market breaks

    The Nairobi Securities Exchange(NSE) has recorded an 82 per sent drop in half year profit to June 30, the self listed firm has reported. The group's profit during the period Ksh24 million as compared to Ksh134 million recorded over the same period in 2018. Global economic growth remained subdued in the first half of 2019 on account of strained US-China trade relations coupled with prolonged Brexit uncertainty, that significantly impacted on investor sentiments, slowing down investment.

    NSE gets green light for Derivatives Market

    CMA is set to recover Ksh208 million from illegal trading in fixed income securities

    Kenya’s security market regulator moves to tame fraud

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    NSE opens week with low share volumes

    The Nairobi Securities Exchange(NSE) has recorded an 82 per sent drop in half year profit to June 30, the self listed firm has reported. The group's profit during the period Ksh24 million as compared to Ksh134 million recorded over the same period in 2018. Global economic growth remained subdued in the first half of 2019 on account of strained US-China trade relations coupled with prolonged Brexit uncertainty, that significantly impacted on investor sentiments, slowing down investment.

    UK firm kicked out of Nairobi Securities Exchange

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    Low volumes mark opening of Nairobi Securities trading

  • Tech & Biz
  • By Country
    • All
    • Burundi
    • Democratic Republic of Congo
    • East Africa
    • Ethiopia
    • Kenya
    • Mozambique
    • Nigeria
    • North Africa
    • Rwanda
    • Somalia
    • South Sudan
    • Southern Africa
    • Tanzania
    • Uganda
    • West Africa
    EAC gets key roads in Kenya and Tanzania funded by the AfDB board

    EAC gets key roads in Kenya and Tanzania funded by the AfDB board

    Development Bank of Southern Africa gives $81.30 million to Mozambique

    Development Bank of Southern Africa gives $81.30 million to Mozambique

    More light for Madagascar as Norfund and We Light mini-grid plan

    More light for Madagascar as Norfund and We Light mini-grid plan

    M-Kopa addressing Kenya's energy needs, a fridge at a time

    M-Kopa addressing Kenya’s energy needs, a fridge at a time

    Power in South Africa- EarthJustice

    South Africa to brace for more power cuts

    Qatar Airways- The exchange

    Qatar Airways grabs a handsome stake in Rwanda International Airport

    Rwanda embraces cloud based OTT messaging apps

    Rwanda embraces cloud based OTT messaging apps

    IATA projects that Kenyan market could more than double in size in 20 years

    IATA projects that Kenyan market could more than double in size in 20 years

    Uganda Development Bank unveils $500 plan for lending

    Uganda Development Bank unveils $500 million plan for lending

  • Interview
  • Opinion
No Result
View All Result
  • Home
  • Industry and Trade
    • All
    • Agribusiness
    • Extractive and Energy
    • Health
    • Infrastructure
    • Manufacturing
    • Telcos
    EAC gets key roads in Kenya and Tanzania funded by the AfDB board

    EAC gets key roads in Kenya and Tanzania funded by the AfDB board

    $120m to African SMEs for renewable energy

    $120m to African SMEs for renewable energy

    Development Bank of Southern Africa gives $81.30 million to Mozambique

    Development Bank of Southern Africa gives $81.30 million to Mozambique

    More light for Madagascar as Norfund and We Light mini-grid plan

    More light for Madagascar as Norfund and We Light mini-grid plan

    M-Kopa addressing Kenya's energy needs, a fridge at a time

    M-Kopa addressing Kenya’s energy needs, a fridge at a time

    Ghana hosts key African Continental Free Trade Area meetings

    Ghana hosts key African Continental Free Trade Area meetings

    An exhibitor (L) explains a point to (2nd Left- Right) KAM Chair Sachen Gudka, Environment CAS Mohamed Elmi, NEMA Ag. DG Mamo b Mamo, and KAM Vice Chair Mucai Kunyiha

    Kenyan Manufacturers launch a plan to manage plastic waste

    venture africa-AfDB

    African youth to benefit from Microsoft and AfDB coding platform

    EAC looks to review its textile strategy

    EAC looks to review its textile strategy

  • Investing
    • All
    • Africa's Development
    • African Entrepreneurship
    • Small Business
    French Development Agency $30 million for African SMEs

    French Development Agency provides $30 million for African SMEs

    Finland increases its support to African Development Fund

    Finland increases its support to African Development Fund

    Qatar Airways- The exchange

    Qatar Airways grabs a handsome stake in Rwanda International Airport

    Ghana hosts key African Continental Free Trade Area meetings

    Ghana hosts key African Continental Free Trade Area meetings

    Committee to promote trade between Ghana, Japan initiated

    Committee to promote trade between Ghana, Japan started

    The eWTP hub, the second in Africa after Rwanda, will serve as a gateway for Ethiopian products to China and new markets

    Ethiopia and Alibaba Group sign agreements to establish eWTP Ethiopia hub

    African Development Fund

    African Development Fund gets a shot in the arm from donors

    Aga Khan sends his vision for Africa at Kusi Ideas Festival, Rwanda

    Aga Khan sends his vision for Africa at Kusi Ideas Festival, Rwanda

    Solar energy Plant

    Burkina Faso benefits from $53 million AfDB funding for solar energy

  • Stock Markets
    • All
    • DSE
    • NSE
    • RSE
    • USE
    The Nairobi Securities Exchange(NSE) has recorded an 82 per sent drop in half year profit to June 30, the self listed firm has reported. The group's profit during the period Ksh24 million as compared to Ksh134 million recorded over the same period in 2018. Global economic growth remained subdued in the first half of 2019 on account of strained US-China trade relations coupled with prolonged Brexit uncertainty, that significantly impacted on investor sentiments, slowing down investment.

    Why NSE profits have dropped 82%

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    Bear run continues at NSE with drop in key index

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    All eyes on NSE as futures trading kicks off

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    NSE trade more than doubles as market breaks

    The Nairobi Securities Exchange(NSE) has recorded an 82 per sent drop in half year profit to June 30, the self listed firm has reported. The group's profit during the period Ksh24 million as compared to Ksh134 million recorded over the same period in 2018. Global economic growth remained subdued in the first half of 2019 on account of strained US-China trade relations coupled with prolonged Brexit uncertainty, that significantly impacted on investor sentiments, slowing down investment.

    NSE gets green light for Derivatives Market

    CMA is set to recover Ksh208 million from illegal trading in fixed income securities

    Kenya’s security market regulator moves to tame fraud

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    NSE opens week with low share volumes

    The Nairobi Securities Exchange(NSE) has recorded an 82 per sent drop in half year profit to June 30, the self listed firm has reported. The group's profit during the period Ksh24 million as compared to Ksh134 million recorded over the same period in 2018. Global economic growth remained subdued in the first half of 2019 on account of strained US-China trade relations coupled with prolonged Brexit uncertainty, that significantly impacted on investor sentiments, slowing down investment.

    UK firm kicked out of Nairobi Securities Exchange

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    Low volumes mark opening of Nairobi Securities trading

  • Tech & Biz
  • By Country
    • All
    • Burundi
    • Democratic Republic of Congo
    • East Africa
    • Ethiopia
    • Kenya
    • Mozambique
    • Nigeria
    • North Africa
    • Rwanda
    • Somalia
    • South Sudan
    • Southern Africa
    • Tanzania
    • Uganda
    • West Africa
    EAC gets key roads in Kenya and Tanzania funded by the AfDB board

    EAC gets key roads in Kenya and Tanzania funded by the AfDB board

    Development Bank of Southern Africa gives $81.30 million to Mozambique

    Development Bank of Southern Africa gives $81.30 million to Mozambique

    More light for Madagascar as Norfund and We Light mini-grid plan

    More light for Madagascar as Norfund and We Light mini-grid plan

    M-Kopa addressing Kenya's energy needs, a fridge at a time

    M-Kopa addressing Kenya’s energy needs, a fridge at a time

    Power in South Africa- EarthJustice

    South Africa to brace for more power cuts

    Qatar Airways- The exchange

    Qatar Airways grabs a handsome stake in Rwanda International Airport

    Rwanda embraces cloud based OTT messaging apps

    Rwanda embraces cloud based OTT messaging apps

    IATA projects that Kenyan market could more than double in size in 20 years

    IATA projects that Kenyan market could more than double in size in 20 years

    Uganda Development Bank unveils $500 plan for lending

    Uganda Development Bank unveils $500 million plan for lending

  • Interview
  • Opinion
No Result
View All Result
The Exchange
No Result
View All Result
Home Money Deals The Indicator

East Africa’s wealthiest: What’s the secret?

In this column called “The Indicator”, we will be taking an economic or financial statistic from East Africa and breaking it down into bite-sized nuggets of knowledge for investors.

Indicator by Indicator
January 22, 2019
in Money Deals
0
ultra-high net worth individuals (UHNWI) - The Exchange www.exchange.co.tz

Wealthiest individuals in East Africa

Today’s indicator figure is 11

11 what?

Years ago, the wealthiest among us were known as millionaires. However the wealthiest people on the planet now have billions of US dollars worth of assets and wealth.  In banking and finance this collection of the wealthiest of the wealthy are known as “ultra-high net worth individuals” (UHNWI) or for the purposes of this article “Individuals”.  Today’s Indicator will take a look at the 11 wealthiest people in the world who call East African Community (EAC) countries home.

What do you mean by Ultra-High Net Worth Individuals (UHNWI)?  

For the purposes of our discussion ultra-high net worth individuals all have assets valued at over $500 million USD according to the most recent estimates available. It can be challenging to estimate the total net worth of these Individuals because a significant amount of their holdings are typically retained in privately held corporations.

Which EAC country has the largest collection of ultra-wealthy Individuals?

Kenya has five ultra-wealthy Individuals whereas Tanzania has four and Uganda has two. It is unknown but certainly possible that Rwanda and Burundi have individuals who are extremely wealthy, but in a more private manner.

How does the EAC compare to other regions of the world in the number of UHNWIs?

ultra-high net worth individuals (UHNWI) - The Exchange www.exchange.co.tz
Wealthiest individuals in East Africa

To provide some context, the world’s eight wealthiest Individuals have as much wealth as the bottom half of the entire planet, an estimated 3.5 billion people according to UN estimates.

By a large margin the majority of the world’s wealthy Individuals reside in North America, Europe, Middle East, or Asia.  

South Africa, Egypt and Morocco have respectively the largest number of wealthy individuals in Africa.

How did these wealthy Individuals in East Africa make their money?

Usually by running and growing businesses.  Overwhelmingly, the wealthiest Individuals in East Africa are business owners who created the majority of their wealth in their own lifetimes. Frequently, their businesses can be found in fast-growing industries such as food, commodities, media, telecom, and real estate.

Is the wealth of these Individuals increasing or decreasing?  

According to our estimates, the wealth of these Individuals is likely increasing on average. Most of the wealth-generating prospects of these Individuals are tied to the growth of the overall economy of East Africa. A growing population means more demand for vegetable oil, telecommunications, and housing which results in increased revenue, profit, and corporate valuations for the companies these Individuals own or control. In addition, these Individuals are expanding their business interests in adjacent industries where there are attractive opportunities.    

How can a person of modest means in East Africa become ultra-wealthy?

Nearly all of the wealth generated by these Individuals was created in their own lifetimes.  The general rules of personal finance for wealth creation are to:

(1) Spend less than you earn

(2) Invest wisely

(3) Protect your downside risk

People who follow those three rules and take appropriate risks in new ventures in fast growing industries are likely to prosper. People who meet the needs of a significant volume of consumers, demonstrate passion and trustworthiness enough to secure investment, and manage their risks are likely to emerge as the new up and coming wealthy of East Africa.

ALSO READ:

INDICATOR-01 - The Exchange www.exchange.co.tz

Scientific Contributions from East Africa – The Exchange

How can I learn more?

To learn more about the topics in this article you can visit:

http://www.forbes.com/africa-billionaires/list/
Top 50 Richest People In Africa
http://richlist.ventures-africa.com/
https://www.oxfam.org/en/pressroom/pressreleases/2017-01-16/just-8-men-own-same-wealth-half-world

About the authors:

David L. Ross is Managing Director of Statera Capital and US Ambassador to the Open University of Tanzania active in growing companies in Eastern and Southern Africa through primary investment, investment advisory, strategic partnerships, and executive education. Connect on LinkedIn at http://tz.linkedin.com/in/davidlross1 or at [email protected]

Catherine Mandler is a Senior Analyst at Statera Capital. Connect on LinkedIn at http://www.linkedin.com/in/CatherineMandler or at [email protected]

Facebook Comments
Tags: EAC countriesUltra-High Net Worth Individuals (UHNWI)wealth
Previous Post

Millions Safaricom saved from fraud last year

Next Post

London Stock Exchange pinpoints companies to shape Africa in 2019

Next Post
The investments by british firms has run Kenyan key sectors including mining (Magadi soda before it was sold to Indian investors as well as Tullow Oil), farming (especially in horticulture), manufacturing, motor vehicle assembly, banking, ICT and military.

London Stock Exchange pinpoints companies to shape Africa in 2019



Get the latest Investment News on Africa

  • Trending
  • Comments
  • Latest
President Uhuru Kenyatta (Centre) with DP Ruto and Trade CS Peter Munya during the SME Roundtable at Strathmore University in Nairobi. Kenyatta said his government will streamline its processes so that it accords Small and Medium Enterprises (SMEs) the support they deserve www.exchange.co.tz

East Africa’s best: Entrepreneur wins Kshs1 million Sinapis seed capital

December 15, 2018
Mr. Andile Ngcaba (centre) speaking to delegates at the 7th Angel Fair Africa event held in Dar es Salaam, on the right is Mr. Ali Mufuruki.

The future of Tech Industry in Africa looks bright

October 15, 2019
Tourism in Zanzibar - The Exchange www.exchange.co.tz

Emirates Airlines’ Dubai – Zanzibar direct flights to boost trade

December 11, 2018
UAE- www.government.ae- The Exchange

UAE tightens its grip over Zanzibar

January 7, 2019
FDI has declined, PE not very interested in Tanzania landscape and both EU and US send strong warnings as Tanzania’s position as the leading light in East Africa drastically declines- The Exchange

Tanzania’s hardball with America and the EU drives down investors

Tax increase

Tanzania Revenue Authority On Track To Meet Magufuli’s $7.5 Billion USD Collection

Tobacco farming in Tanzania- Corporate Digest- The Exchange

Tobacco: Tanzania’s second biggest export earner falls in production

Barcode technology use increases in Tanzania

EAC gets key roads in Kenya and Tanzania funded by the AfDB board

EAC gets key roads in Kenya and Tanzania funded by the AfDB board

December 14, 2019
$120m to African SMEs for renewable energy

$120m to African SMEs for renewable energy

December 13, 2019
Digital marketplace for the Africa’s fashion creators

Digital marketplace for the Africa’s fashion creators

December 13, 2019
Development Bank of Southern Africa gives $81.30 million to Mozambique

Development Bank of Southern Africa gives $81.30 million to Mozambique

December 13, 2019




  • President Uhuru Kenyatta (Centre) with DP Ruto and Trade CS Peter Munya during the SME Roundtable at Strathmore University in Nairobi. Kenyatta said his government will streamline its processes so that it accords Small and Medium Enterprises (SMEs) the support they deserve www.exchange.co.tz

    East Africa’s best: Entrepreneur wins Kshs1 million Sinapis seed capital

    0 shares
    Share 0 Tweet 0
  • The future of Tech Industry in Africa looks bright

    0 shares
    Share 0 Tweet 0
  • Emirates Airlines’ Dubai – Zanzibar direct flights to boost trade

    0 shares
    Share 0 Tweet 0
  • UAE tightens its grip over Zanzibar

    0 shares
    Share 0 Tweet 0
  • EAC looks to review its textile strategy

    0 shares
    Share 0 Tweet 0

Browse by Category

  • Africa
  • Africa's Development
  • African Entrepreneurship
  • Agribusiness
  • Aviation
  • Banking
  • Burundi
  • Business
  • Corporate Suite
  • Countries
  • Crime
  • Democratic Republic of Congo
  • DSE
  • East Africa
  • East Africa
  • East African Community
  • Economic Growth
  • Energy
  • Entrepreneurship
  • Ethiopia
  • Extractive and Energy
  • Fintech
  • Health
  • Health
  • Hospitality
  • Industry and Trade
  • Infrastructure
  • Investing
  • Kenya
  • Manufacturing
  • Mergers & Acquisitions
  • Money Deals
  • Mozambique
  • News
  • Nigeria
  • North Africa
  • NSE
  • Oil&Gas
  • Opinion
  • Personal Finances
  • Politics
  • Premium
  • Real Estate
  • Regional Markets
  • RSE
  • Rwanda
  • Small Business
  • Somalia
  • South Sudan
  • South Sudan
  • Southern Africa
  • Sudan
  • Tanzania
  • Tech & Business
  • Telcos
  • The Indicator
  • Tourism and Wildlife
  • Travel
  • Trending
  • Uganda
  • Uncategorized
  • United Nations (UN)
  • USE
  • Video
  • videos
  • West Africa
  • Women in Business
  • World
  • World Economic Forum

Tags

AfDB Africa African Development Bank (AfDB) Agriculture Central Bank of Kenya Central Bank of Kenya (CBK) China Development EAC East Africa East African Community (EAC) Equity Bank Ethiopia Ethiopian Airlines Featured Ghana huawei India investment KCB KCB GRoup Kenya Kenya Airways Kenya Revenue Authority (KRA) Magufuli Nairobi Nairobi Securities Exchange Nairobi Securities Exchange (NSE) Nigeria President Magufuli President Uhuru Kenyatta Russia Rwanda Safaricom South Africa South Sudan Sub-Saharan Africa Tanzania technology Tourism Trade Uganda Uhuru Kenyatta US World Bank

Recent News

EAC gets key roads in Kenya and Tanzania funded by the AfDB board

EAC gets key roads in Kenya and Tanzania funded by the AfDB board

December 14, 2019
$120m to African SMEs for renewable energy

$120m to African SMEs for renewable energy

December 13, 2019
Digital marketplace for the Africa’s fashion creators

Digital marketplace for the Africa’s fashion creators

December 13, 2019
Development Bank of Southern Africa gives $81.30 million to Mozambique

Development Bank of Southern Africa gives $81.30 million to Mozambique

December 13, 2019
More light for Madagascar as Norfund and We Light mini-grid plan

More light for Madagascar as Norfund and We Light mini-grid plan

December 13, 2019
  • About
  • Advertise
  • Contact
  • Privacy policy

No Result
View All Result
  • About us
  • Africa’s Development
  • Trending
  • Agribusiness
  • Tech & Business
  • Money Deals
  • African Entrepreneurship
  • Regional Markets
  • The Indicator
  • Banking
  • Investing
  • Infrastructure
  • Kenya
  • Tanzania
  • Uganda
  • Rwanda

<