Mauritania’s Sidi Ould Tah Elected President of African Development Bank Amid Funding Challenges
Abidjan, Côte d’Ivoire – May 30, 2025 — Mauritanian economist Sidi Ould Tah has been...
Banking
Equity Group Q1 Profit Dips to Sh14.8 Billion on Declining Non-Interest Income
Equity Group has reported a Sh14.8 billion net profit for the quarter ending March 2025,...
NSSF Eyes Sh25 Billion Stake in Rironi – Mau Summit Road in PPP Project
The National Social Security Fund (NSSF) is poised to invest Ksh25 billion into the Rironi–Mau...
W orld Bank Proposes Overhaul of Kenya’s Income Tax Structure Amid Economic Challenges
The World Bank has proposed significant changes to Kenya’s Pay As You Earn (PAYE) income...
Kenya’s Domestic Debt Surges to Sh6.2 Trillion, Raising Economic Concerns 
Kenya’s domestic debt has surpassed Sh6.2 trillion, a significant increase from Sh4.4 trillion when President...
ABSA Kenya Reports a Resilient Sh6.2 Billion After Tax Profits
Absa Bank Kenya has reported a resilient Sh6.2 billion profit after tax for the first...
Kenya’s National Treasury Targets Sh149 Billion From Safaricom Shareholding
The Kenyan government has announced plans to sell part of its 34.9% stake in Safaricom,...
Banks Go on Auction Frenzy as Kenya’s Bad Loans Soar Past Sh700 Billion
Kenyan banks have ramped up auctions of repossessed assets as non-performing loans (NPLs) surge past...
KeNHA Begins Construction of Sh85 Billion Isiolo–Mandera Highway, Funded by World Bank and AfDB
The Kenya National Highways Authority (KeNHA) has officially broken ground on the ambitious 749-kilometre Isiolo–Mandera...
ADB presidency: Zambia’s Dr. Samuel Maimbo is making bold promises to overhaul the continent’s financial future.
As the African Development Bank (AfDB) presidential race heats up, Zambia’s Dr. Samuel Maimbo is...
