Kenya’s Inflation Reaches Five-Month Peak Due to Rising Food Prices
Kenya's annual inflation rose to a five-month high at 3.5% in February, spurred by increased food prices. Core inflation remained...
Companies
Kenya’s Government Aims to Triple Coffee Production by 2028
The Kenyan Government plans to triple coffee production from 50,000 to 150,000 metric tonnes by 2028, allocated Sh500 million for...
Kenya’s Inflation Increases to 3.5% Year-on-Year in February 2023
Kenya's consumer inflation rose to 3.5% year-on-year in February, up from 3.3% in January, according to the statistics office. This...
Zimbabwe Launches Major Chinese-Invested Industrial Park in Beitbridge
Zimbabwean President Emmerson Mnangagwa announced the launch of the Palm River Energy Metallurgical Special Economic Zone, a 3.6 billion USD...
Bekaert Announces Sale of Steel Wire Solutions Businesses in Latin America
Bekaert has announced the sale of its Steel Wire Solutions businesses in Costa Rica, Ecuador, and Venezuela to Grupo AG,...
Mali Increases Regulations on Artisanal Gold Mining Following Fatal Accidents
Mali's government is tightening regulations on artisanal gold mining following numerous fatal accidents. The reforms, announced on Wednesday, include the...
Nigeria’s Economic Reforms Attract Global Investors: A Promising Outlook Ahead
Global investors are increasingly drawn to Nigerian assets as reforms from the Central Bank of Nigeria boost key economic sectors....
IMF Completes Board Review and Authorizes $101 Million Disbursement for Madagascar
The IMF has completed a review that permits the disbursement of $101 million to Madagascar, aimed at enhancing the country's...
Philippines’ Total External Trade Increases by 9.1% in January
Philippines' total external trade increased by 9.1% in January, indicating economic recovery. However, a widening balance of payments deficit and...
Myanmar’s Wa State Considers Resuming Mining Activities
Wa State in Myanmar is considering restarting mining operations in its tin-rich area, as confirmed by spokesperson Nyi Rang. The...
