Africa’s dollar flows from migrant workers set to fall by Ksh.1.2T, study reveals

By Kepha Muiruri,

Dollar flows to Sub-Saharan Africa from its migrant population abroad is expected to decline in 2020 by Ksh.1.2 trillion ($11 billion) in 2020 or an e...

Central Bank of Kenya (CBK) , Covid-19 pandemic , remittances

Tullow Oil appoints Rahul Dhir as chief executive officer

By Reuters,

Tullow Oil said on Tuesday it had appointed Rahul Dhir, who currently leads smaller Africa-focused oil and gas producer Delonex, as chief executive. ...

Rahul Dhir , Tullow Oil

Kenya in line to save Ksh.244 billion from debt restructure – World Bank

By Kepha Muiruri,

Kenya stands in line to realize gains of up to Ksh.243.6 billion ($2.3 billion) from the suspension of all 2020 loan repayments to its external credit...

IMF , Kenya's debt , National Treasury , World Bank Group

Report: Africa Delivers Largest Profits on Investment

By CNN,

British companies have made bigger profits investing in Africa than in any other region of the world, according to a new report from the Overseas Deve...

Overseas Development Institute

Tullow Oil Kenya announces plan to fire some of its 650 staff

By Kepha Muiruri,

British-based oil explorer Tullow has issued a redundancy notice with respect to its staff members in Kenya, signalling massive job losses at the firm...

Tullow Kenya

Bank of America projects Kenya’s potential Eurobond to outperform peers

By Kepha Muiruri,

Kenya is more receptive of investments to its external debt market issues placing the country at the peak of regional Eurobond issuers, a new report s...

Bank of America , Eurobonds , National Treasury

Tullow planned exit complicates Kenya’s petrodollars quest

By Kepha Muiruri,

Tullow’s planned exit from its equity stake in Project Oil Kenya has opened up fresh questions into the country’s future oil exploits. This is ...

Ministry of Petroleum , Tullow Oil

Tullow Oil drops CEO after poor performance in West Africa

By Kepha Muiruri,

British based oil exploration firm Tullow Oil has dropped its Chief Executive Officer Paul McDade by mutual consent following the executive’s poor s...

oil exploration in Kenya , Tullow Oil

Africa’s largest women in tech festival kicks off

By Citizen Reporter,

The Africa Women in Tech festival kicked off in Nairobi on Wednesday. Under the theme 'Scaling Technology in Africa', women from Ghana, Nigeria, Ma...

Africa Women in Tech festival

How China is slowly expanding its power in Africa, one TV set at a time

By CNN,

In the outskirts of Nairobi, Kenya, Michael Nganga is watching a Chinese Kung Fu movie. His small home in Limuru doesn't have running water and i...

China in Africa , Pang tV , StarTimes , TRANSSION

Fintech: Kenya’s Wapi Pay seeks payment solutions between Asia and Africa

By Kepha Muiruri,

Kenyan based financial technology (fintech) company Wapi Pay has moved to strengthen payments on its Afro-Asia corridor under a new partnership with S...

Afro-Asia fintech festival , CBK , digital payments , Wapi Pay

Software Group Africa appoints new CEO

By Citizen Reporter,

Software Group, a global software company that provides digital financial solutions with African operations run from Kenya, has appointed Connor Hanan...

CEO , Connor Hanan , Software Group Africa

Lands Ministry eases Tatu City, Kiambu County Gov’t row

By Kepha Muiruri,

The Lands and Physical Planning Ministry has declared the geographical area under Tatu City as a special planning area putting brakes on the recent ro...

Governor Ferdinand Waititu , Kiambu County , Rendeavour Africa , Tatu City

AU charts path for common standardization stamp

By Kepha Muiruri,

The African Organization for Standardization (ARSO), an African Union (AU) unit has set the wheels in motion to the establishment of the continent’s...

AFCTA , ARSO , AU , Eco Mark Africa , KEBS

Shell owner acquires stake in Engen Petroleum

By Kepha Muiruri,

Vivo Energy, the firm operating Shell branded outlets has completed the acquisition a 5 percent stake in Engen Petroleum adding to its belt, the opera...

Christian Chammas , Engen , Shell , Vivo Energy

Tatu City declines to handover land to Kiambu County Gov’t

By Citizen Reporter,

Tatu City developers have declined to surrender ten percent of their 5,000 acre land to the county government. This comes weeks after Kiambu Govern...

Tatu City

Tatu City developer puts up parallel metropolis in Nigeria

By Kepha Muiruri,

Rendeavour, the owner and developer of Tatu City have put up a similar development in the West African state of Nigeria. The Alaro City, like Tatu ...

Alaro City , Governor Akinwunmi Ambode , Nigeria , Rendeavour , Stephen Jennings , Tatu City

Kenya ranked most advanced financial market in Africa

By Citizen Reporter,

Kenya has been ranked third as the most advanced financial market in Africa. According to ABSA’s Africa financial markets index rates, the improv...

Taxi hailing firm Little sells 10pc stake at Ksh.302m

By Reuters,

Kenyan taxi-hailing firm, Little, which has a partnership with telecoms operator Safaricom , has sold just under 10 percent of its shares to an unname...

App , Craft Silicon , Kamal Budhabhatti , Little , Safaricom , taxi hailing , Taxify , transport , uber

Tiny African start-ups draw interest after slow start

By AFP,

African high-tech startups are minuscule compared with their US and European peers but they are finally gaining momentum and attention in some of the ...

European Commission , Gilles Babinet , incubation hubs , IT , M-Kopa , mobile phones , start up , TECHNOLOGY , Viva Technology