Budget airliner Fastjet has won Africa’s Leading Low-Cost Airline Award at the 23rd Annual World Travel Awards.
British non-profit organisation Oxfam has accused World Bank of funding potential tax cheats in Africa.
Senators in Kenya have called on the Director of Criminal Investigations to question Central Bank of Kenya (CBK) governor Patrick Njoroge and senior officials following the collapse of Chase Bank.
Tanzania is set to begin exporting electricity to Kenya within the next two years, as part of a $300 million deal between the neighbouring countries.
A Kenyan retail bank has been placed under receivership by the Central Bank of Kenya (CBK) following financial difficulties.
A number of African nations have been implicated in the Panama Papers scandal, in which millions of leaked documents reveal the offshore tax havens of world leaders, high-profile politicians and some of the world’s richest.
The EU plans to cut funding for Burundi’s peacekeeping contingent currently operating in Somalia.
Tanzania has joined Kenya and Uganda in discussions to resolve the troubled oil pipeline project that has united and divided the three countries in recent years.
There’s some strong discourse coming out of “Western” powers – most notably the US – over China’s growing investment in African nations. There are various angles being thrown about too: the dangers of Chinese expansion across the world, the threat
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The Word Bank has warned Kenya that its growing intake of Chinese loans could put the nation’s economy at risk.