SOUTH AFRICA - Standard Bank has been recognised as among the top banks globally in its efforts to support and provide relief to its small…
KENYA – The government of Kenya is set to receive a US$2.4 billion loan from the International Monetary Fund (IMF) for budget support to weather…
KENYA – National carrier Kenya Airways (KQ), has received US$91.4 million from the Kenyan government as part of efforts to prop up the carrier after…
SOUTH AFRICA – Airports Company South Africa (Acsa) has disposed of its 10 percent stake in India-based Mumbai International Airport Private Limited (Mial) for US$87.6…
KENYA – The government of Kenya has received US$18 million support from Denmark to help promote East Africa regional trade and combat Covid-19 pandemic. The…
KENYA - Kenya slid into a recession for the first time in two decades in the third quarter of 2020 as measures introduced by the…
SOUTH AFRICA - Clicks Group has closed its Musica entertainment business due to the shift to digital consumption of music, movies, and games, exacerbated by…
KENYA – Kenyans in diaspora sent home more than US$3.1 billion last year, according to Central Bank of Kenya (CBK) data, a significant increase from…
NAMIBIA – The Development Bank of Namibia (DBN) and the Development Bank of Germany (KfW) have signed a loan agreement in which KfW will provide…
KENYA - Global hotel brand Radisson Hotels has halted operations in their Nairobi’s Upper Hill unit and sent most of its staff home as bookings…