Global Interest-Rate Spree Signals First US Cut of 2025
Africa-Press - Kenya. The first US interest rate cut since Donald Trump became president again is likely to seize the spotlight in a week...
Crypto Market Awaits Fed’S Rate Cut Decision
Africa-Press - Kenya. The cryptocurrency market is awaiting a possible interest rate cut by the US Federal Reserve on Wednesday during the bank’s Federal...
EPRA Announces Slight Fuel Price Reduction
Africa-Press - Kenya. The Energy and Petroleum Regulatory Authority (EPRA) has announced a decrease in fuel prices in the latest review.
In the latest review...
BRICS Grain Producers Lose $2.5B Yearly to Manipulation
Africa-Press - Kenya. Grain producers across BRICS nations are losing an estimated $2.5 billion annually due to market concentration and price manipulation by global...
Sub-Saharan Africa’s Economies Face High Finance Costs
Africa-Press - Kenya. Borrowing costs for governments and businesses in South Africa, Nigeria and Kenya have risen in the last five years due to...
African Nations Seek $69 Billion From IMF for Support
Africa-Press - Kenya. Demand from African nations for financing from the International Monetary Fund is expected to remain high, as debt burdens mount and...
Billionaire Pledges US$720M to Bridge Africa’S AI Gap
Africa-Press - Kenya. Zimbabwean telecoms mogul Strive Masiyiwa has committed $720 million to establishing Africa’s first network of artificial intelligence factories, aiming to address...
Saudi Arabia’s Vision Invest Invests $700 Million in Africa
Africa-Press - Kenya. Saudi-based Vision Invest has invested $700 million in pan-African industrial developer ARISE Integrated Industrial Platforms (ARISE IIP), the company announced on...
Afdb Flags Project Execution Gaps as Africa’S Growth Hurdle
Africa-Press - Kenya. The African Development Bank (AfDB) has cautioned that Africa’s economic growth will remain constrained unless governments and institutions improve the design...
AI in Africa to Reach $16.5B by 2030 Mastercard’S Role
Africa-Press - Kenya. Mastercard has released its latest whitepaper, Harnessing the transformative power of AI in Africa, a pan-African study of the continent’s readiness,...