In Q3 2023, eight prominent Kenyan banks, including Equity, KCB, and Stanbic, collectively raised their loan-loss provisions by 45.8% to...

Tanzania has experienced a noteworthy upswing in Foreign Direct Investment (FDI), surging by 109.8% to USD 1.1 billion between July...

President William Ruto announced on Thursday, November 23, 2023, the government's commitment to privatize 35 state-owned companies hampered by bureaucratic...

The East African Community (EAC) has encountered setbacks in realizing its monetary union, a pivotal aspect of its economic integration...