(NAIROBI, KENYA) – The cost of internet enabled phones remains the biggest barrier for Kenyans who know about mobile internet but do not use it, while the price of data limits how much existing users go online. A study by the mobile industry lobby group GSMA and the Partnership forContinue Reading
(NAIROBI, KENYA) – Kenya has proposed new rules requiring mobile money providers to report cyber theft immediately, as official data shows half of the KES 1.59 billion ($12.3 million / £9.3 million) stolen from banks by hackers in 2024 occurred through mobile banking. Under proposals from the Treasury and CentralContinue Reading
(NAIROBI, KENYA) – Sacco members in Kenya face lower dividend payouts after the regulator directed cooperatives to make additional provisions of approximately KES 7.67 billion ($59.3 million / £44.8 million) for investments held in the insolvent Kenya Union of Savings and Credit Co-operatives (Kuscco). The provisioning, expected during the currentContinue Reading
(NAIROBI, KENYA) – Kenya’s export earnings from the United States overtook those from Uganda in the five months to July 2026, following the restoration of preferential market access under the African Growth and Opportunity Act. Domestic exports to the US, including apparel and coffee, rose to KES 63.59 billion ($490Continue Reading
(JUBA) – South Sudan’s Ministry of Petroleum has held a strategic meeting with oil production partners to review the sector’s performance and discuss ways to increase investment and production. The meeting was chaired by the Caretaker Minister of Petroleum, Awow Daniel Chuang, and attended by the Managing Director of NileContinue Reading
(JUBA) – South Sudan’s oil exports have been severely disrupted by the war in Sudan, with production falling sharply and the country’s main revenue lifeline under threat, Foreign Minister Ramdan Goc has told the United Nations General Assembly. Addressing the assembly on Thursday, Goc said the conflict between Sudan’s rivalContinue Reading
(NAIROBI, KENYA) – French oil multinational Rubis has become the largest seller of jet fuel in Kenya, capturing a 33.6% market share in the year to June 2026, according to data from the Energy and Petroleum Regulatory Authority released in October 2026. The market share held by the multinational throughContinue Reading
(JUBA, SOUTH SUDAN) – South Sudan’s gross international reserves fell 67.21% in the first quarter of 2025, leaving about five days of import cover, even as the trade deficit narrowed by 383.75% on the back of resumed oil production, according to the Bank of South Sudan’s First Quarter 2025 MacroeconomicContinue Reading
(LAMU, KENYA) – A planned KES 2.2 trillion ($17 billion / GBP 13 billion) oil refinery in Lamu is emerging as a potential turning point for Kenya’s shipping and maritime economy, with the investment expected to drive vessel traffic, petroleum logistics, port services and demand for specialised maritime and industrialContinue Reading
(NAIROBI, KENYA) – Nairobi has been named one of Africa’s five cities to watch in the Oxford Economics Global Cities Index 2026, alongside Accra, Cairo, Dakar and Luanda. The selection places Nairobi among a group of African cities expected to play an increasingly important role in the continent’s economic growthContinue Reading
