Global Foreign Direct Investment (FDI) downshifted in 2022 after a 2021 upswing as economies recovered from the Covid-19 slump. Worsening investor sentiment in 2022 reflected fear of a coming recession, rising inflation... Read more »
Somalia’s neighbours on Wednesday approved Mogadishu’s request for an all-out war — including its need for lethal weapons and coordinated support to — annihilate Al-Shabaab militants. The decision came out of an... Read more »
The Dakar 2 Feed Africa Summit ended on Friday with a $30 billion pledge by the African Development Bank (AfDB) and development partners to finance food and agribusiness on the continent in... Read more »
BY STAFF REPORTER Boeing pleaded not guilty to deceiving US regulators about changes made to its 737 Max flight control system that led to two horrific crashes, before relatives of some victims... Read more »
BY MARY WAMBUI Africa’s main regional economic blocs say monetary unions will raise the value of trade and shield them from fluctuating exchange rates and are pushing to establish single currency territories.... Read more »
BY JAMES ANYANZWA Kenyan savings and credit co-operative societies (saccos) are set to join the National Payment System (NPS), which will allow them to clear cheques and begin lending to one another... Read more »
The Kenya shilling sank to a historic low of Sh124 against the US Dollar on Monday, coming at a time when Kenyans in the diaspora are sending record amounts of money back... Read more »
Coffee farmers have urged government to set aside more than Shs 182.8 billion for the procurement of coffee processing and value-addition machines to ably compete with other coffee producers in the world.... Read more »
The East African: A United Nations summit approved on Monday a landmark global deal to protect nature and direct billions of dollars toward conservation but objections from key African nations, home to... Read more »
The EastAfrican: Somalia’s onslaught on militant group Al-Shabaab gained new ground after forces seized Runirgoud town, the last bastion of the extremists in Middle Shabelle, about 240 kilometers north east of the... Read more »