How Kenya’s economy grew at fastest pace in 11 years in 2021
Kenya’s economy expanded at the fastest pace in 11 years in 2021, rebounding from a coronavirus-induced contraction the year before.
Gross domestic product grew 7.5%,...
World Bank approves $2.3b plan for Eastern and Southern Africa to tackle food insecurity
World Bank has approved a $2.3 billion programme for Eastern and Southern African countries to help them tackle food insecurity, the bank said in...
EU,UNCTAD kick start $6.9 million project to help Angola diversify its trade
The European Union and UNCTAD have launched a four-year, $6.9m project aimed at helping Angola diversify its economy and reduce its dependence on oil,...
Elon Musk loses $18.7bn in one day, as top four billionaires lose $35.9bn
It wasn’t a great day for billionaire, Elon Musk and the remaining top three wealthiest people on Thursday, following heavy losses in their networths,...
European Central Bank confirms July rate hike plans, raises inflation projections significantly
THE European Central Bank on Thursday confirmed its intention to hike interest rates at its policy meeting next month and downgraded its growth forecasts.
Following...
Crude oil nears $120 a barrel amid Saudi Arabia confidence in demand
Crude oil prices rose further after Saudi Arabia expressed its confidence in demand by raising the price of its crude for Asia by more...
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