Economy

 Kenya’s trade deficit, the gap between imports and exports, narrowed by 9.7% or $727 million in the first eight months of 2023, according to the latest data from the Kenya …

On Friday, global stocks experienced a downturn as recent U.S. inflation data exceeded expectations. With Europe set to release its consumer price data, there’s rising anticipation about central banks possibly …

Africa is facing a health crisis that disproportionately affects women and children. According to the Global Financing Facility (GFF), a partnership that supports low- and middle-income countries to improve their …

Bolt, a leading ride-hailing company, has reaffirmed its commitment to the Kenyan market and its compliance with the regulations despite facing a possible suspension of its operations by the end …

Kenya is strategizing to repurchase up to 25% of its $2 billion international bond expiring in 2024. This initiative comes in anticipation of acquiring new loans and is designed to …

On Wednesday, the Kenyan government ended its 6-year collaboration with Cuba. Under this program, Cuban medical professionals worked in Kenya, while Kenyan medics received specialized training in Cuba. The notable …

Poland has announced that it will extend its temporary border control with Slovakia until November 2, as part of its efforts to prevent illegal migration through its territory. The interior …

Tanzania has made history by unveiling its first-ever homemade aircraft, the Skyleader 600, at a manufacturing expo in Dar es Salaam. The two-seater plane, which is designed for business trips, …

South Africa’s government has unveiled a bold plan to boost its economy by handing over most of the responsibility for its struggling rail and port sector to the private sector. …

The International Monetary Fund (IMF) has slashed Nigeria’s projected economic growth by 0.3%. As unveiled in the ‘2023 World Economic Outlook’ during the ongoing annual meetings in Marrakech, Morocco, the …