Kenya’s High Court has ruled that I&M Bank can collect Sh864.7 million($6.7 million) from Buzeki Enterprises Ltd., saying a promissory note issued to the bank must be honored as written.The logistics firm is owned by businessman and politician Zedekiah Bundotich Kiprop (Buzeki). Kenya’s High Court has cleared I&M Bank to collect Sh864.7 million from Buzeki…
Ghana has paid 10 billion cedis, equivalent to about $910 million, in interest under its Domestic Debt Exchange Programme, marking the sixth coupon settlement since the country began restructuring its obligations during its worst economic crisis in a generation. Ghana has paid $910 million in interest under its Domestic Debt Exchange Programme, marking its sixth…
Moroccan property billionaire, Anas Sefrioui is committing more than MAD 3 billion (about $300 million) to a major mixed-use development in Abidjan, marking one of his most significant investments yet in Côte d’Ivoire’s commercial capital. Moroccan billionaire Anas Sefrioui is investing $300 million in a luxury mixed-use development in Abidjan’s Zone 4 district. The project…
Notwithstanding a year of unprecedented economic performance in South Africa, underscored by a five-year peak in job creation and an estimated Gross Domestic Product of $410 billion, the nation has commenced the current year with a dampened economic sentiment. South Africa started the year with low economic sentiment despite excellent performance in 2025, including record…
Somalia has officially joined the East African Community (EAC) passport system, becoming the bloc’s sixth member to issue the regional travel document. The move is expected to ease cross-border movement, boost trade, and strengthen regional integration. Somalia has officially joined the East African Community (EAC) passport system as its sixth member. This move is expected…
African defence technology startup Terra has raised $22 million in a follow-on round completed in under two weeks, barely a month after closing an $11.8 million funding round. African defence startup Terra has raised $22 million just weeks after closing an $11.8 million round, pushing its valuation above $100 million. The round was led by…
Kenya’s President William Ruto has convened an emergency summit of the East African Community, EAC, as the eight-nation bloc grapples with a funding shortfall of $89.37 million, placing its institutions under severe strain and raising fresh questions about the future of regional integration. Kenya’s President William Ruto has called an emergency EAC summit over an…
North Africa’s higher education landscape is showing steady depth and diversity in the latest Times Higher Education World University Rankings 2026, with institutions from both Morocco and Egypt making strong impressions on the regional and global stage. Business Insider Africa presents the top 10 universities in North Africa, according to latest ranking (2026). The list…
Africa’s internet scene is buzzing like never before. According to the Speedtest Global Index, Morocco is leading the pack in Africa, claiming the top spot for mobile internet speed at an impressive 123.87 Mbps. Business Insider Africa presents the top 5 African countries with the fastest internet speed. Some countries, like Morocco, lead in internet…
