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World Bank Warns South Sudan Is Likely to Experience Universal Poverty in 2025.

The World Bank has issued a stark warning regarding South Sudan's economic trajectory, projecting a …
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Investors Boosts AI Investments with $200 Million Bet on US Life Sciences Startup.

Lila Sciences, a Boston-based start-up, has emerged from stealth mode with a substantial $200 millio…
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Kenya to Revise Banking License Fees After Three Decades, CBK Proposes New Framework.

The Central Bank of Kenya (CBK) has proposed a significant overhaul of Kenya banking license fees, m…
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OLA Energy Kenya to Lay Off Staff Amid Sweeping Restructuring Plan.

OLA Energy Kenya, a leading fuel retailer, has announced a strategic restructuring plan aimed at imp…
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Silver Box Acquires Mobius Motors Kenya, Set to Launch New Model in December 2025.

Silver Box, a Middle East-based investment firm specializing in corporate management and advanced te…
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Global Private Equity Rebounds as Buyouts Surpass $602 Billion in 2024, According to Report.

The global private equity (PE) landscape is exhibiting cautious optimism as recent data indicates a …
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Former Nairobi Securities Exchange CEO takes on new role as Nation Media Group MD & CEO.

Nation Media Group (NMG), East Africa’s largest independent media house, has appointed Geoffrey Odun…
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KRA Waives Kshs. 140 Billion in Tax Penalties Under Amnesty Program.

The Kenya Revenue Authority (KRA) has announced a major tax relief program, waiving Kshs. 140 billio…
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White House to Host First-Ever Crypto Summit Under Trump Administration.

The White House has announced that President Donald Trump will host and deliver remarks at the first…
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Kenya Raises $1.5 Billion Through Eurobond to Strengthen Debt Management

Kenya has successfully priced a new $1.5 billion Eurobond as part of its strategy to manage public d…
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