Uganda and Nigeria maintain steady growth amid inflation pressures. Regional PMI trends reflect resilience in East Africa.
Regional economies feel the effects of Tanzania’s unrest. Supply-chain disruptions threaten East Africa’s economic growth.
Regional economies feel the effects of Tanzania’s unrest. Supply-chain disruptions threaten East Africa’s economic growth.
Rising output and hiring across manufacturing, retail, and services sectors indicate robust business conditions. Analysts say improved credit access and stable inflation support continued growth in...
Capital injection strengthens Family Bank’s lending and digital expansion. The move enhances its position in Kenya’s mid-tier banking sector.
The $50 million sale is part of a $520 million intervention plan. Analysts say it will provide short-term liquidity for banks and trade finance.
Afreximbank pledges $40 billion to support intra-African trade and AfCFTA initiatives. Zemen strengthens Ethiopia’s trade ecosystem with new resources.
The birr has weakened 4% despite previous interventions, highlighting ongoing currency pressures. Banks will compete for limited allocations under the new FX trading system.
Higher earnings from government securities boosted overall income. Strong liquidity gives the bank room to expand lending cautiously.
A High Court judge refused to suspend the stamp duty judgment, saying public interest outweighed NCBA’s claims of financial harm. The ruling could reshape how Kenyan...
