Moody’s Ratings upgraded its assessment of Kenya’s debt, citing a reduced risk of default in the near-term. The nation’s dollar bonds rallied.
Commercial and residential buildings on the city skyline in Nairobi, Kenya, on Wednesday, July 5, 2023. Kenya’s inflation rate should be back within the central bank’s target bank of 2.5% to 7.5% by September at the latest, Governor Kamau Thugge says in his first briefing after a monetary policy committee meeting. Photographer: Patrick Meinhardt/Bloomberg
Moody’s Ratings upgraded its assessment of Kenya’s debt, citing a reduced risk of default in the near-term. The nation’s dollar bonds rallied.
Commercial and residential buildings on the city skyline in Nairobi, Kenya, on Wednesday, July 5, 2023. Kenya’s inflation rate should be back within the central bank’s target bank of 2.5% to 7.5% by September at the latest, Governor Kamau Thugge says in his first briefing after a monetary policy committee meeting. Photographer: Patrick Meinhardt/Bloomberg
Ethiopia’s Capital Markets Authority is reviewing 66 prospectus submitted by companies seeking approvals for various issuances in the Horn of Africa nation.
Nonprofits backed by the Rockefeller Foundation and the World Bank have won tens of millions of dollars to boost the productivity of African farmers using an array of solar-power devices.
Solar panels. Photographer: Angel Garcia/Bloomberg
Kenya plans to raise a record 106.3 shillings ($824.1 million) from an initial public offering of a state-run pipeline company, the first such sale in more than a decade.
Stock prices on an electronic screen inside the Nairobi Securities Exchange Ltd. .
Day visitation to South Africa’s iconic Kruger National Park will resume on Monday on better weather conditions following the devastation caused by deadly floods last week.
Leopard poses on a rock in Kruger National Park in South Africa in August 2025. Kruger National Park is one of Africa s largest nature reserves. Leopard pose sur un rocher dans le parc national Kruger en Afrique du Sud en aout 2025. Le parc national Kruger est l'une des plus grandes reserves naturelles d'Afrique. (Photo by Xavier Duvot / Hans Lucas / Hans Lucas via AFP) (Photo by XAVIER DUVOT/Hans Lucas/AFP via Getty Images)
The US escalated its criticism of South Africa after naval exercises this week involving China and some of the BRICS member nations.
The Chinese navy destroyer CNS Tangshan (122), top left, Russian navy corvette Stoikiy (545), center, and Iranian navy corvette IRIS Naghdi (82), right, ahead of multinational naval exercises at Simon's Town harbor in Cape Town, South Africa, on Friday, Jan. 9, 2026. South Africa will host a naval exercise including Russian, Chinese and Iranian naval vessels from Jan. 9-16.
CCI Global, a major call center operator in Africa, will invest about $378 million over the next two years to strengthen operations across Europe, the Middle East and Africa.
CHINA - 2025/09/14: In this photo illustration, the CCI Global logo is displayed on the screen of the tablet. (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images) Photographer: SOPA Images/LightRocket
The World Bank raised its growth forecast for Kenya, citing low inflation, easier monetary policy, stronger credit growth and resilient agriculture as key drivers behind the revision.
Pedestrians in the financial district in Nairobi, Kenya, on Thursday, June 5, 2025. Kenyan annual inflation remained below the 5% midpoint of the central bank’s target range for a 12th straight month strengthening the case for another interest-rate cut.
Vodacom Group Ltd. is in talks with Kenya about potentially acquiring part of the government’s stake in Safaricom Ltd., according to people familiar with the matter.
Roam is in talks to trade carbon-credit offsets from the motorcycles it produces as the Kenya-based electric-mobility startup undertakes a crowd-funding campaign to boost working capital.
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