Artificial intelligence (AI) is revolutionizing the insurance industry, propelling it into a new era of disruption, as revealed by Technology Foresights from GlobalData. By integrating AI models ...

The East African Community (EAC) is grappling with a financial crisis for the third time in the 2024/25 fiscal year, as all member states—except Kenya—have yet to fully remit their budget ...

Kenya has agreed to a treaty that will see increased scrutiny of multinationals that have been taking advantage of tax avoidance strategies by moving profits to other jurisdictions, in global ...

The President of the African Development Bank Group Dr. Akinwumi Adesina has appointed career diplomat Ambassador Jalel Trabelsi as his Special Envoy for the Middle East and North Africa (MENA ...

Kenya is losing its attractiveness as a desirable export market in the East African Community on tariffs and trade wars. Rwanda and the Democratic Republic of Congo have surpassed Kenya in various ...

British International Investment, the UK’s development finance institution and impact investor, has appointed Daniel Hanna to its Board as a Non-Executive Director. Daniel has two decades of ...

Kenya and Ethiopia are among the most indebted countries in East Africa. Analysis of data from the International Monetary Fund (IMF) shows Kenya ranked second behind Egypt on high debt levels.

East African Breweries Limited (EABL) is looking to raise its stake in one of its Ugandan subsidiaries that will see the brewer own 100 per cent of the company. The Nairobi Securities Exchange ...

South Sudan’s President Salva Kiir has fired two of his five vice presidents, spy chief among other senior officials in recent reshuffle of his government. The two vice presidents who have been ...

Ten state-owned companies have been identified for listing on the Ethiopian Securities Exchange (ESX) later in the year or early 2025. Top officials at the Ethiopian Investment Holdings (EIH), the ...

Various humanitarian bodies including Amnesty International and the United Nation’s refugee arm have expressed deep concern and alarm over the abduction and repartition of four Turkish asylum ...

The Arab Bank for Economic Development in Africa (BADEA) has been upgraded by Moody’s Ratings to Aa1 / Stable outlook (from Aa2/Positive Outlook). The rating upgrade reflects BADEA’s robust ...