Kenyan Banks Push MSME Lending to KSh424.7 Billion as Credit Costs Fall
Kenya’s banking sector is stepping up financing for small businesses, with new MSME loans rising 30% in the first nine…
Pizza Inn Owner Takes Full Control of Kenya Delivery Business
The bigger test will be whether Kutuma can attract enough independent restaurants and retailers to compete beyond Simbisa's own brands…
Angola is Using Oil Windfall to Fund Economic Diversification as Citi Sees Rising Investment Opportunities
Angola is using a surge in oil revenues to accelerate its economic diversification programme, directing fresh resources to infrastructure, mining,…
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[VIDEO] China’s Zero-Tariff Policy Opens New Market for Kenya’s $630 Million Flower Industry
Kenya is looking to deepen its flower trade with China as duty-free access creates an opportunity to diversify export markets…
Nigerian Banks Cut Manufacturing Credit by 26.8% to $3.85 Billion
Nigeria’s manufacturers are facing a deepening funding squeeze as bank credit to the sector shrinks, raising concerns over industrial growth,…
Africa’s Gold Producers Move to Keep the Bullion Business at Home
Ethiopia's $50 million refinery, Kenya's planned export ban and Ghana's 2030 processing target show governments seeking more control over how…
Quickmart Adds Redwheel’s RWC and 337 Frontier as IPO Cornerstones, Pool Rises to 48%
Kenya's Quickmart has added RWC Asset Management LLP and 337 Frontier Capital LP as cornerstone investors in its KSh15 billion ($116…
Manufacturers Lead Kenya’s Best Workplaces
Kenya’s leading employers are putting workplace culture, employee wellbeing and professional development at the heart of business performance, according to…
Nigeria’s Credit Surges 63% as Private-Sector Lending Slows
Rising government borrowing is absorbing a growing share of domestic credit in Nigeria, while a monthly decline in private-sector lending…