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Safaricom eyes $150m debt in Ethiopia money

Nairobi, May 21 -- Safaricom PLC will be looking to raise up to $150 million (Ksh19.6 billion) over several years in local currency debt in Ethiopia once the country's securities exchange goes live in... Read More


Salaam Somali Bank solidify its growth in Somalia banking sector

Nairobi, May 21 -- Salaam Somali Bank (SSB), headquartered in Mogadishu, Somalia's capital, stands as the country's oldest private financial institution. Since its establishment, SSB has significantl... Read More


TowerCo gets $30m from UK agency for telco towers in Tanzania

Nairobi, May 21 -- TowerCo of Africa (ToA) Tanzania, a subsidiary of Pan-African telecommunications service provider Axian Telecom, has secured $30 million in financing from British International Inve... Read More


Understanding pros, cons of bonds and stocks vs cryptocurrency

Nairobi, May 21 -- Trading has always been a cornerstone of building wealth, but the landscape of investment options is broader and more complex than ever before. From traditional avenues like bonds a... Read More


Kenya President Ruto's regional message in bilateral visit to US

Nairobi, May 21 -- Kenya's President William Ruto on Monday landed in the US in his first-ever State visit to Washington and used this opportunity to deliver a regional message for a bilateral trip. ... Read More


Ruto, Museveni meeting gives glimmer of hope to traders

Nairobi, May 20 -- Ugandan and Kenyan traders may have reason to smile after President Yoweri Museveni met his Kenyan counterpart William Ruto this week, with their discussions centred on the removal ... Read More


Linturi 'fake' trial: Kenya is being run Wild West-style

Nairobi, May 20 -- The impeachment trial of Kenya's Agriculture minister Mithika Linturi by a special parliamentary committee was a charade. Even a child would have known the outcome. Despite present... Read More


Electric vehicle dealer Spiro taps $50m loan at Afreximbank

Nairobi, May 20 -- Pan-Africa electric vehicles company Spiro, which has operations in Kenya, has tapped a $50 million loan from the African Export-Import Bank (Afreximbank) to expand its operations o... Read More


China back to funding SGR connecting Kenya and Uganda

Nairobi, May 20 -- Kenya has secured a commitment from China's Exim Bank for the funding of the standard gauge railway line from Naivasha to the Uganda border. Kipchumba Murkomen, Kenya's Cabinet Sec... Read More


Iran: What happens in transition?

Nairobi, May 20 -- Iranian President Ebrahim Raisi and top government officials died on Sunday after their chopper crashed in a remote village east of the country. An official record showed President... Read More