East Africa
12 minutes ago
Turkey Deploys F-16 Fighter Jets in Somalia to Fight al-Shabaab
Turkey has deployed F-16 fighter jets and attack helicopters to Somalia, as Ankara steps up…
Economy
23 minutes ago
Kenyan Inflation Eases in January to 4.4%
Kenya’s annual inflation rate slowed slightly in January 2026, dropping to 4.4 percent from 4.5…
West Africa
24 hours ago
Nigeria Plans $2.9 Billion Debt Raise to End Power Shortages
Nigeria is preparing to raise approximately 4 trillion naira (about $2.9 billion) from its domestic…
Credit Rating
24 hours ago
Fitch to No Longer Work with Afreximbank After Junk Rating
Ratings agency Fitch downgraded Afreximbank to junk and withdrew future ratings – a final move…
Corporate
1 day ago
Finance Trust Bank Downgrades to Tier II on Bank of Uganda Approval
The Bank of Uganda has approved Finance Trust Bank’s request to downgrade its operations from…
Agriculture
1 day ago
Kenya’s Future Generations Hopeful in Ruto’s Revived Ksh.12 Billion Galana Kulalu Under PPP
Kenya has set food security as a strategic economic asset and a driver of national…
Credit Rating
1 day ago
Moody’s Ups Kenya’s Rating to B3 on Stronger FX Reserves
Moody’s Ratings upgraded Kenya’s sovereign rating to B3 from Caa1 on January 27, citing a…
Government Projects
2 days ago
Kenya’s Yuan Debt Swap Prompts China to Globalize Currency
Kenya has built up enough Chinese yuan reserves to comfortably repay loans that were recently…
Corporate
2 days ago
Why Banks Are Sticking with CBR as Opposed to KESONIA
KCB Bank has officially adopted the revised Risk-Based Credit Pricing Model (RBCPM) for its existing…
Credit Rating
2 days ago
Why Afrexibank Dropped Fitch as Rating Agency
The African Export-Import Bank (Afreximbank) has ended its relationship with credit rating agency Fitch, saying…
