economy

economy

KCB and Proparco enters Sh12.4 billion green financing deal

KCB and Proparco enters Sh12.4 billion green financing deal

Africa-Press - Kenya. KCB Bank Kenya and Proparco, a subsidiary of Agence Française de Développement(AFD) Group, have partnered to finance climate-related investment projects in...
ICT players, marketing experts team up to unlock Africa’s economy

ICT players, marketing experts team up to unlock Africa’s economy

Africa-Press - Kenya. ICT and marketing industries have launched a partnership to empower businesses in Africa to leverage technology for economic stability and brand...
Digital mobilisation in Kenyan firms slow – expert

Digital mobilisation in Kenyan firms slow – expert

Africa-Press - Kenya. Several Kenyan firms lack adequate digital mobilisation despite the fast changing landscape, according to an expert.Phillip Thigo, Kenya's the special envoy...
Digital loans drive Coop Bank Q1 profits to Sh6.6bn

Digital loans drive Coop Bank Q1 profits to Sh6.6bn

Africa-Press - Kenya. Cooperative Bank loaned Sh200 million every day in the first three months of the year through digital channels, driving the group's...
KRA seeks more scanners to boost border revenues

KRA seeks more scanners to boost border revenues

Africa-Press - Kenya. Kenya Revenue Authority will need an estimated Sh11 billion to acquire 22 additional scanners to boost its revenue collection drive.KRA commissioner...
KRA seeks more scanners to boost border revenues

KRA seeks more scanners to boost border revenues

Africa-Press - Kenya. Kenya Revenue Authority will need an estimated Sh11 billion to acquire 22 additional scanners to boost its revenue collection drive.KRA commissioner...
Africa's Venture Capital landscape faces challenges

Africa’s Venture Capital landscape faces challenges

Africa-Press - Kenya. Recent years have been a rollercoaster for Africa's venture capital scene. Investments in African startups surged from $1.3 billion to $4...
OECD unemployment rate stable at 4.9% in March

OECD unemployment rate stable at 4.9% in March

Africa-Press - Kenya. The unemployment rate in the Organization for Economic Cooperation and Development (OECD) area in March remained unchanged for the sixth consecutive...
Oil up with positive demand outlook in world's biggest crude consumers

Oil up with positive demand outlook in world’s biggest crude consumers

Africa-Press - Kenya. Oil prices increased on Thursday, supported by increasing demand in the US, the world's largest oil consumer, and softening inflation concerns...
Over 1000 CEOs, presidents, investors to converge in Rwanda for African CEO Forum 2024

Over 1000 CEOs, presidents, investors to converge in Rwanda for African CEO Forum 2024

Africa-Press - Kenya. More than 1000 Chief Executive Officers (CEOs), 75 Presidents, Ministers, a host of investors, and about 200 journalists from 73 countries...