The real impact of declining donor funding is being felt across Africa’s health systems. But innovation, leadership & collaboration are filling the gap. 🎙️ Please tune in to our latest podcast, a call to action for resilient, self-reliant health systems. Listen now 🎧

Kenya has converted three dollar-denominated loans from China Exim Bank, used for SGR construction, into yuan-denominated ones to reduce interest costs. The switch would see Kenya save $215 million every year, according to Treasury CS Mbadi. SGR cost taxpayers $5 billion and

Safaricom says it spent Ksh.153 billion on local suppliers in the financial year ended March 2025. Women, youth, and persons with disabilities (Special Interest Groups) accounted for 10.8% of its total procurement spend, equivalent to Ksh.3.2 billion.

Naivas appoints Andreas von Paleske effective November 1, 2025 as the CEO following the exit of David Kimani Mukuha. Andreas is currently serving as the retailer’s Chief of Strategy.

According to the Wolrd Bank, Africa’s labor force will almost double by 2050 and that states heads urgently needs large-scale job creation to meet the demands of young people whose frustrations have already sparked Gen-Z protests. The Bank’s bi-annual assessment of sub-Saharan

AfDB to lend Nigeria $500 million before close of the year as part of a $1 billion budget support programme, following economic reforms introduced by President Bola Tinubu. Some of the economic reforms mentioned by the bank include removal of fuel subsidies, foreign exchange

More Kenyan households are switching to cooking gas (LPG) thanks to government tax incentives that have made it more affordable, aligning with the state's push to establish it as the main cooking fuel. According to EPRA, LPG consumption increased by 14.1% to a record 443,932.46

PayPal to invest $100 million across the Middle East and Africa to expand digital commerce and support entrepreneurs. The funding will be deployed through minority stakes, acquisitions, PayPal Ventures investments, and technology rollouts.

Tanzanian opposition leader Tundu Lissu will go on trial on Monday for treason, weeks before the country holds an election that his party has been barred from contesting. The court has banned live coverage of the proceedings on a request by the state prosecutor, who said it was

Family Bank has extended a Ksh.26.6 million facility to Rembo Classic Sacco to finance the acquisition of five brand-new PSV matatus.

Kenya to roll out Ksh.5 billion NYOTA programme to support 100,000 youth across the country with Ksh.50,000 business grants each. President Ruto has tasked all Principal Secretaries to be in all 47 Counties by October 6, 2025 to align with local leaders and ensure transparent,

South Africa's mining company Tharisa says it will spend $547 million on an underground platinum group metals mining project over the next decade, betting on the metals being integral to the global shift to cleaner energy technologies.

Kenya successfully raises $1.5 billion at a lower cost from international markets to pay off part of the 2028 Eurobond ahead of schedule.

Among the world’s best-performing stock markets in dollar terms this year tracked by Bloomberg, Ghana ranks first, followed by Zambia in second place, Nigeria in 14th, Kenya in 15th and South Africa in 21st . - Bloomberg

Kenyan electric mobility startup ARC Ride has raised $10 million in debt financing from Paris-based sustainable investment manager Mirova to expand its battery-swapping infrastructure for motorcycles. ARC Ride runs a Battery-as-a-Service model that allows riders to switch to

Diamonds account for 80% of Botswana and a 1/3 of government's income, but demand has plunged amid the rise of cheaper lab-grown gems, slowing sales in the U.S., and weak luxury demand in China. Moody’s and S&P have cut the country’s outlook to negative.

Ndindi Nyoro’s remarks on the listing of KPC to NSE: He cautioned that the current bearish market could trigger a collapse in share price post-IPO, discouraging investors. He added that investors today focus more on profitability than assets.

There's unrest in Europe, specifically in Barcelona, Istanbul and Italy, over Israel's continued bombardment of Gaza, the recent incident being Israel's forces blocking humanitarian aid on Thursday.

Volume of Financial Transactions Undertaken by SACCO Agents in 2024 Deposits - Ksh.17.4 Billion Withdrawals - Ksh.14 billion Loans disbursed - Ksh.42,754,860 Loan repayment - Ksh.57,509,471 According to SASRA