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,…
Kenya Delays Return to Cleaner Fuel Standards Amid Middle East Supply Disruptions
The announcement does not automatically translate into a change in pump prices. It concerns the quality specifications of imported fuel,…
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[VIDEO] Kenya’s Drought Deepens Milk Shortage as Farmers and Consumers Feel the Heat
Rising animal feed costs and deteriorating pasture are squeezing dairy production, threatening supplies and pushing up the cost of a…
Kenya Pledges Half Its Fuel Levy to Repay $2.3 Billion in Road Financing
Kenya has committed 12 shillings ($0.09) of the 25-shilling Road Maintenance Levy on every litre of fuel to investors. The…
Rwanda’s $452 Coffee Lot Tops Africa’s October Price Board as Ivorian Growers Get the Least
A single prize-winning batch of Rwandan specialty coffee sold for $452 a kilo, showing the gulf between specialty and mainstream…
Uganda’s Gold Exports Up 69% as Earnings Hit $1.5 Billion
Uganda’s export growth is gathering pace, with gold shipments driving a sharp increase in foreign exchange earnings as the country…
Tanzania’s CRDB Bank Secures $111 Million for SME Lending, Affordable Housing
CRDB also renewed its partnership with the African Export-Import Bank (Afreximbank), covering trade finance, capital markets, structured financing and digital…
Rwanda Secures $18 Million for Cold Storage, Cut Food Losses
For Rwanda, the $18 million facility represents more than an expansion of warehouse capacity, an investment in preserving food, improving…