Kenya to create sovereign wealth fund of mining companies
Kenya announced places to create sovereign wealth fund for mining companies and mining ventures.
Africa
Kenyan President William Ruto Considers Crypto Mining to Power Energy Sector Growth
President William Ruto revealed ongoing discussions with companies such as Marathon Digital, signaling a possible transformation in Kenya's economic terrain.
Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison
A South African businessman was sentenced to 12 years in prison for shooting his wife to death after he mistook her for an intruder in their home...
Tesla Slashes EV Prices in China, Germany and Other Countries in Europe as Sales Drop
Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States...
Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps
Moderna announced on Thursday that it has decided to halt its plans to construct a vaccine manufacturing facility in Kenya due to a decrease in demand for COVID-19 vaccines after the pandemic...
Latest News
Naspers discuss US$1 billion bond sale
Naspers announced that they are considering the sale of US$1 billion bonds to fund acquisitions
Biomass Secure Power Inc announces negotiation agreement with NPPC
Biomass Secure Power Inc entered an exclusive negotiation agreement with the Natchitoches Parish Port Commission
Investors in Nigeria more confident - LCCI
According to the third quarter BCI Index, investors in Nigeria are becoming more confident.
Eskom grapples to plug ZAR191 Billion income gap as profit plunges
Eskom Holdings SOC Ltd. struggled to plug an income gap worth ZAR191 billion.
Total number of investments increase 8.33%-MENA report
Total number of investments increased 8.33%, according to a MENA report.
Kenya's Stock Exchange to introduce derivatives and REITs
Kenya's stock exchange, plans to introduce derivatives and real estate investment trusts after equity trading volumes declines
Ghana to offer 7-year-bonds open to local and foreign investors.
Ghana released information on seven-year bonds valued at around US$98 million.
