Month October 2024

Kenya Court Clears Kindiki’s Path as Deputy President

KENYA’S High Court has cleared the way for Kithure Kindiki to be sworn in as deputy president, dismissing an order that had delayed his appointment following the recent impeachment of his predecessor, Rigathi Gachagua. This ruling follows weeks of intense political drama…

Kenya-Google Partnership Set to add $4.2bn to Economy

KENYA projects its partnership with Google to drive $4.2bn in economic gains through extensive digital transformation initiatives. Speaking at a recent meeting with Google officials, led by Matt Brittin, President of Google Africa and the Middle East, Margaret Ndung’u, Kenya’s…

Orange And Mastercard Expand Mobile Payments Across Africa

ORANGE Middle East and Africa (OMEA) and Mastercard have launched a major partnership to expand mobile financial services across sub-Saharan Africa. Set to benefit millions of Orange Money users, this collaboration aims to give digital payment access through Mastercard’s global…

Mozambique Tightens Social Media Access Amid Election Crisis

SOCIAL media access was restricted across Mozambique on Thursday, the second time in a week, according to the internet monitoring group NetBlocks. The restriction follows a contentious presidential election on October 9, with the opposition calling for a national strike in protest of…

Ethiopia’s PM Accuses Embassies of Black Market Forex Deals

ETHIOPIAN Prime Minister Abiy Ahmed has accused some foreign embassies of undermining the country’s economy through black market foreign currency dealings. Addressing the House of People’s Representatives, Abiy alleged that certain embassies have been engaging in unauthorised foreign exchange transactions,…

Calls Grow For African Credit Rating Reform Amid $75bn Cost Burden

  AFRICA largest economies are challenging global credit-rating practices that lead to inflated borrowing costs, costing the continent billions each year. Standard Bank Group CEO Sim Tshabalala, speaking at the recent Future Investment Initiative conference in Riyadh, Saudi Arabia, condemned…