The East Africa Community member states have announced plans to explore the potential of a central bank digital currency (CBDC) as a shared payment system. A Central Bank Digital Currency (CBDC) is the digital form...

The African Development Bank Group and the Government of Tanzania have signed loan agreements totalling $140 million to finance the construction of the 50-megawatt Malagarasi hydropower plant in Western Tanzania. The agreements cover a $120...

Oil extended gains to hit fresh multi-year highs on Monday, supported by a brighter economic and fuel-demand outlook. At the same time, investors eyed the outcome of talks between Iran and world powers over a...

Nation Media Group was the week’s top gainer on the Nairobi Securities Exchange ( NSE), adding 31.01% in share price appreciation to close the week at Kes 22.60 per share

Global markets experienced a lift during the week buoyed by the United State's May employment report  which showed job growth was improving, but not as quickly as anticipated by analysts. Investors were also looking at...