News
Kenya's president applauds himself for doubling foreign interest in his country's economy
2+ hour, 4+ min ago (338+ words) The current president of Kenya, William Ruto, recently recognized the latest findings from the United Nations Conference on Trade and Development's World Investment Report 2026, stating that the statistics represent increased international trust in Kenya's economy under his leadership. In a…...
Ruto signs law allowing Kenya's central bank to provide emergency funding to troubled banks
5+ hour, 45+ min ago (719+ words) Kenya has strengthened its financial crisis response framework after President William Ruto signed legislation giving the Central Bank of Kenya (CBK) formal powers to provide emergency funding to distressed but solvent banks, aligning the country's banking oversight more closely with…...
South Africa's Starlink dispute deepens as minister rejects claims of policy influence
5+ hour, 57+ min ago (670+ words) South Africa's long-running dispute over Starlink has evolved beyond a licensing question into a high-stakes political and economic debate that could shape how Africa's most industrialised economy balances foreign investment with Black economic empowerment. Communications Minister Solly Malatsi has rejected…...
Ethiopia records historic $10. 7billion export earnings as reform push boosts dollar inflows
6+ hour, 22+ min ago (476+ words) Ethiopia recorded its highest export revenue in history, earning more than $10. 7 billion in the 2025/26 fiscal year as Africa's fifth-largest economy pushes to strengthen foreign exchange inflows after years of dollar shortages. The Ministry of Trade and Regional Integration said the…...
Ugandan farmers sue to stop $5. 6 billion East African Crude Oil Pipeline in UK court
6+ hour, 16+ min ago (423+ words) A group of Ugandan farmers is set to file a lawsuit on Tuesday in the UK High Court against the company operating the East African Crude Oil Pipeline (EACOP), arguing that the $5. 6 billion crude pipeline project breaches Uganda's constitution as…...
My newsletter started as a hobby. It became a multimillion-dollar business.
1+ day, 1+ hour ago (720+ words) This as-told-to essay is based on a conversation with CJ Gustafson, founder of Mostly Metrics and CEO of Mostly Media. It has been edited for length and clarity. When I walk into a bakery, I'm not debating what kind of…...
How Angel Fernandez turned authenticity into a growing creator brand
1+ day, 24+ min ago (355+ words) Rather than jumping on trends, Fernandez created her content based on experiences that were authentic to her. In doing so, she has built a brand that feels uniquely her own and conveys a message that reminds viewers that there's more…...
UK-listed oil producer makes $360 million bet on Egypt as geopolitical risks reshape energy investment
1+ day, 29+ min ago (675+ words) London-listed Genel Energy has agreed to acquire Capricorn Energy in a $360 million all-cash deal, giving it a major foothold in Egypt as it seeks to reduce its reliance on oil assets in Iraq's conflict-prone Kurdistan region. The acquisition marks one…...
South Africa's richest city wins Moody's confidence despite growing debt burden
1+ day, 11+ min ago (610+ words) Johannesburg has secured a vote of confidence from Moody's Ratings despite mounting financial pressures that have raised concerns over the finances of South Africa's largest city and economic hub. The ratings agency affirmed Johannesburg's long-term issuer rating at Ba3 while revising…...
Nigerian tycoon Tony Elumelu to exit UBA chairmanship after 12 years, with new oil and gas boardroom role in sight
1+ day, 19+ min ago (500+ words) Nigerian tycoon Tony Elumelu is set to leave the chairmanship of United Bank for Africa Plc after 12 years, closing a major banking chapter as a new oil and gas boardroom role comes into view. UBA said the exit, scheduled for…...