Safaricom seeks to acquire stake in Ethiopia telco
Safaricom is considering buying a stake in Ethiopia’s State-owned Ethio Telecom, which has announced the sale of shares through a privatisation plan.Michael Joseph, Safaricoms int…...
Read More Exports to EAC markets at three-year high of Sh77bn
The value of Kenya’s exports to key East African Community’s markets hit a three-year high in first eight months of 2019, official data shows, partly helped by Nairobi’s efforts …...
Read More Springfield launches deepwater drilling off Ghana
Springfield Exploration and Production began drilling the Afina-1x well, offshore Ghana, on October 7.Using the Stena Forth rig, the company became the first indigenous African comp…...
Read More Sudan and Ethiopia agree to establish joint oil pipeline
Sudan and Ethiopia agreed on Friday to establish a joint oil pipeline, to serve the two countries.This came during a meeting held by Sudanese Minister of Energy and Mining Adel Moha…...
Read More Debt-Ridden South African Airways Outshines Ethiopian Airlines As Best African Airline
South African Airways has yet again bagged the ‘Best African Airline’ Award at the Business Traveler Awards 2019.Business Traveller Awards are voted for by readers of the magazine…...
Read More China to fund and build $3.9bn railway in Nigeria
China to fund and build $3.9bn railway from Nigeria’s capital to the seaThe government of Nigeria yesterday signed a contract with state-owned China Railway Construction Corporatio…...
Read More Demand slumps in Burundi, Rwanda for Kenya’s exports
Equity Group has enhanced its funding proposition to cater for the changing needs of its dominantly youthful clientele as it sets sights on hitting the Sh1 trillion mark in assets b…...
Read More Demand slumps in Burundi, Rwanda for Kenya’s exports
Demand for Kenyan products has slumped in Rwanda and Burundi amid competition from China, India and Saudi Arabia, a study by Kenya Export Promotion and Branding Agency (Keproba) sho…...
Read MoreTraders fear global economic slowdown will weight on oil demand
Oil prices fell on Monday, extending last week’s heavy losses, with traders fearing the global economic slowdown will weigh on future oil demand growth while pegging hopes for a re…...
Read More M-Pesa among top 10 most influential finance projects globally
M-Pesa has been rated as one of the top 10 most influential financial projects in the world by Project Management Institute (PMI) in its 2019 most influential project list.According…...
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