National Oil Corporation Tuesday signed a partnership deal with Equity Bank and Eqwipetrol, a recently launched local fuel supply company meant to improve access to petroleum products across the country.
The deal will be done in…
Kenya is among nine African countries set to benefit from a Ksh33 million (418,000 Canadian Dollars) investment after Amref Health Africa and Nutrition International ─ through its Nutrition Leverage for Transformation (NLIFT) model,…
Ecobank has won two major awards at the African Banker’s prestigious ceremony held at the Paradise Hotel in Busan, South Korea. The bank was named Best Retail Bank in Africa after impressing judges with the strides it has made to leverage…
Kenya's utility company, Kenya Power Monday morning sent home 18 employees linked to questionable multi-billion shilling contracts. Only one out of the 19 individuals mentioned in the internal audit escaped the hook.
The firm also…
EXX Africa published a special report on the country's investment outlook on 24 May 2018. At first sight, Djibouti seems to be an attractive investment destination in an otherwise troubled Horn of Africa region.
The country's apparent…
HF Group Managing Director ( GMD) Frank Ireri has notified the Board of his intention not to renew his current 4 - year contract that ends in March 2019.
In a letter sent to the capital market’s regulator , the CMA, Board Chairman Steve…
According to GTAI Germany Trade & Invest of 16 May 2018, Côte d'Ivoire is becoming the bread basket of West Africa. Agriculture and the food industry, especially in Abidjan, have been very dynamic for years, both in production and…
Talks in Ethiopia to revive South Sudan’s failed 2015 peace pact and end the country’s civil war broke up on Wednesday without a deal, mediators said, potentially prolonging a conflict that has killed tens of thousands of people and…
Kenya’s Treasury avoided mentioning a cap on commercial-bank lending rates in a draft law on the conduct of the financial sector that was published for public comment late on Wednesday.
Kenya capped commercial lending…
Kenya's Co-operative Bank (Co-op Bank) Thursday reported a 6.25 per cent profit jump in its net earnings for the first three months to March 2018, on increased lending.
The bank’s profit after tax stood at Sh 3.4billion for the quarter…
