economy

economy

AI Hackathon Empowers African Youth to Solve Challenges

AI Hackathon Empowers African Youth to Solve Challenges

Africa-Press - Kenya. Competitors at a hackathon competition/HandoutIn a major push to equip Africa’s youth with cutting-edge tech skills, Qhala, Huawei, and Konza Technopolis...
UK South Sudan and US Top Destinations for Cash

UK South Sudan and US Top Destinations for Cash

Africa-Press - Kenya. The United Kingdom, the United States of America, and South Sudan have been listed as some of the main countries where...
African Single Electricity Market Program Gains Momentum

African Single Electricity Market Program Gains Momentum

Africa-Press - Kenya. The African Single Electricity Market (AfSEM), a continental energy trading program that aims to interconnect all 55 African Union (AU) members...
Israel-Iran Ceasefire Expected to Lower Oil Prices

Israel-Iran Ceasefire Expected to Lower Oil Prices

Africa-Press - Kenya. Oil prices slumped more than 12% last week, snapping a three-week rally, with analysts expecting them to stabilize around the $60...
Kenya to Create 30000 Digital Jobs in Ksh177 Billion Deal

Kenya to Create 30000 Digital Jobs in Ksh177 Billion Deal

Africa-Press - Kenya. Small businesses in Kenya are set for a major boost after the government announced a new Ksh17.7 billion investment from the...
Oil prices edge higher as weak dollar boosts demand

Oil prices edge higher as weak dollar boosts demand

Africa-Press - Kenya. Oil prices edged up on Monday as investors sought to take advantage of last week's declines, while a weaker US dollar...
Global air passenger demand grows 5% in May

Global air passenger demand grows 5% in May

Africa-Press - Kenya. Total air passenger demand around the globe was up 5% in May 2025 on a yearly basis, the International Air Transport...
Weakest African Currencies in June 2025

Weakest African Currencies in June 2025

Africa-Press - Kenya. For some African countries, the unpleasant reality of currency devaluation remains a challenge even as the year passes its mid-point. Many currencies,...
US Treasury Secretary Says OECD Pillar Taxes Exempt US Firms

US Treasury Secretary Says OECD Pillar Taxes Exempt US Firms

Africa-Press - Kenya. US Treasury Secretary Scott Bessent said Thursday that his agency will announce a joint understanding for G7 countries that defends American...
Rising Importance of Strategic Products Fuels Protectionism

Rising Importance of Strategic Products Fuels Protectionism

Africa-Press - Kenya. The global economy is going through structural changes with the rising importance of strategic products bringing protectionist trade tendencies to the...