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Africa’s renewable energy resources offer huge investment opportunities for Japanese business – AfDB President
Japanese businesses should invest more in Africa, where investment opportunities and returns on investment are among the highest in the...
Read moreDetailsOpinion: How will the Bank of the future in East Africa look like?
The banking sector globally has undergone significant changes in the last decade. The global economic crisis resulted in major regulatory...
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Tanzanian businessman faces Interpol arrest
A Tanzanian businessman has failed to stop warrants issued to Interpol for his arrest before a Nairobi court over Ksh706...
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Africa risks sliding into stagnation – 2022 African Economic Outlook
The African continent risks sliding into stagflation due to a combination of slow growth and high Inflation according to the...
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Food crisis in Africa ‘can be averted,’ AfDB chief economist says
Despite the steady drumbeat of headlines on the growing global food crisis, the African Development Bank’s acting chief economist says...
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IMF slashes global GDP forecast as economic outlook grows
The IMF now expects the world economy to grow 3.2% this year, before slowing further to a 2.9% GDP rate...
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Five issues business community wants EAC leaders to address
During a regional private sector session held Wednesday, July 20, a day before East African Community (EAC) leaders meet in...
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AfCFTA, Equity Group ink $6 billion deal to deepen economic integration of the African continent
The African Continental Free Trade Area (AfCFTA) Secretariat and Equity Group have signed a Memorandum of Understanding (MoU) to deepen...
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Fitch affirms Triple A-rating of the African Development Bank
Global credit rating agency Fitch Ratings affirmed the African Development Bank’s long-term credit rating: AAA with a Stable Outlook. This...
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Inflation, debt, and forex crisis is pushing many African economies to the brink – IMF warns
The International Monetary Fund has warned of “economic collapse” in many African economies as the impact of the Russian-Ukraine war...
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