Tag: Kenya

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Kenya’s Safaricom signs $103 mln loan for sustainable projects

Kenyan telecoms firm Safaricom has signed a loan deal worth 15 billion shillings ($102.95 million) with domestic banks, the proceeds of which will go...

Uber rolls out electric bike fleet in Kenya, its first in Africa

Ride-hailing firm Uber on Thursday launched an electric motorbike service in Kenya, its first in Africa, as the company seeks to make its global...

Kenya suspends local activities of crypto project Worldcoin

Kenya's interior ministry said on Wednesday that it had suspended the local activities of cryptocurrency project Worldcoin until relevant public agencies had certified the...

Credit rating firm S&P Global sees positive signs in Nigeria, Kenya

Nigeria and Kenya have both had positive economic policy developments in the last couple of months, one of S&P Global's top sovereign rating analysts...

Kenya central bank says digital currency not a ‘compelling priority’

Kenya's central bank does not consider the issuance of a digital currency a "compelling priority" but it will continue monitoring developments in the area...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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