Business
EU, AfDB sign deal to finance Lobito Corridor, transport projects
The European Commission and the African Development Bank Group have signed a new deal to boost investments in transport infrastructure...
Kenya, Tanzania Foreign ministers to solve air travel row in 3 days
Kenya and Tanzania Foreign Ministers have in a phone interview agreed to solve the air travel dospute in three days....
Tanzania bans Kenya Airways flights in reciprocal move
Tanzania has blocked Kenya Airways passenger flights from operating the Nairobi-Dar es Salaam route as retaliation to Nairobi refusing all...
Kenya-Spain ties strain over Sh1.2bn dam debt row
NAIROBI - A 10-year debt involving Spanish companies that morphed into a diplomatic issue of interest between Kenya and Spain...
ROUBINI: Where the global economy will land in 2024
BY NOURIEL ROUBINI Heading into 2024, most economists and market analysts have adopted a baseline scenario in which most major...
Rising debt, conflicts: 2024 tough year for Africa’s economy
BY AGNES GITAU Eastern Africa outlook 2024: Navigating growth, inflation, and fiscal reforms against a backdrop of rising sovereign debt...
Kenyan diaspora send home record $4.18bn in remittances
NAIROBI - Kenyans living abroad sent back a record $4.18 billion in 12 months to November 2023. The remittances are...
AfDB withdraws staff from Ethiopia after assault, detention of staffers
ADDIS ABABA - The African Development Bank has withdrawn all its international staff from Ethiopia immediately. Through a statement on...
Kenya-EU trade deal finally signed, expected to boost trade flows
NAIROBI - Kenya and the EU on Monday signed an Economic Partnership Agreement (EPA) to boost bilateral trade in goods,...
Tanzania-Burundi rail project taking on Kenya’s SGR receives $696.4m financing from AfDB
AfDB has announced $696.4 million financing for Burundi and Tanzania to start Phase II of the Joint Tanzania-Burundi-DR Congo Standard...
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