Africa

Islamic Corporation for the Development of the Private Sector gets new CEO

Adeola Ajakaiye in Kano   The board of directors of the Islamic Corporation for the Development of the Private Sector…

Africa’s renewable opportunities, progress get everyone interested and talking

After the International Energy Agency (IEA) said that renewables in sub-Saharan Africa alone would increase electricity capacity from 35 gigawatts…

Kenya inflation hits 11 months high over new fuel tax

Kenyan inflation rose to its highest rate in nearly a year in September, the statistics office said on Friday, reflecting…

South African President Ramaphosa unveils plan for ailing economy

South Africa's president, Cyril Ramaphosa has announced plans on Friday to set up a multi-billion-dollar funds for infrastructural development in…

AfDB board approves non-sovereign operations policy

The African Development Bank Group has announce that its board of directors has approved its policy on non-sovereign operations (NSO).…

Kenya’s Central Bank slaps $3.89mn fine on 5 top banks for handling stolen funds

Kenya's Central Bank on Wednesday fined five of its top commercial banks a total of 392.5 million shillings ($3.89 million)…