Market Bazaar

By Nyaboga Kiage Nairobi Governor Mike Sonko now wants Chinese experts to assist him in dealing with the Nairobi’s traffic menace. The governor met with experts from the Shanghai Municipal Engineering Design Institute at his office on Tuesday where he … Continued

ABIDJAN, Ivory Coast, — The details of the “Desert to Power Initiative” have been outlined as part of the Paris Agreement climate change talks at COP24 in Katowice, Poland this week. Energy poverty in Africa is estimated to cost the … Continued

Ethiopian Airlines and the European Union Delegation to Ethiopia signed a letter of intent to establish Ethio-European International Business School (EEIBS). The letter was signed by H.E. Ambassador Johan Borgstam, Head of the European Union Delegation to Ethiopia and Mr. … Continued

(Reuters) – U.S.-based aid agency Mercy Corps has appointed consultancy IFAAS to help launch an Islamic microfinance business in Ethiopia, aiming to offer interest-free products to local communities, the firms said in a joint statement. Mercy Corps, one of the … Continued

By Tiisetso Motsoeneng, Nomvelo Chalumbira, Wendell Roelf JOHANNESBURG (Reuters) – Armed with low-cost operating models, three South African digital banks are betting on aggressive pricing and data analytics to attract tech-savvy, price-conscious consumers when they launch next year in a … Continued

NEW YORK (Reuters) – Debt among non-financial corporations across the globe rose to a record high of $75 trillion in the second quarter, driven mostly by China and the United States, the Institute of International Finance said in a report. … Continued

LONDON/MOSCOW (Reuters) – The impoverished state of Central African Republic landed a windfall on Tuesday, at least on paper, when Russian state bank VTB reported it had lent the country $12 billion — but the bank then said it was … Continued

By KENNEDY KIMANTHI The Sustainable Blue Economy Conference, co-hosted by Kenya, Canada and Japan, is currently underway in Nairobi. Kenya is leveraging on the high-level global event to harness and revamp its blue economy. NATIONAL DEBATE The “blue economy” concept … Continued

The East African The Kenya Civil Aviation Authority (KCAA) is investigating three local airlines for operating miraa (khat) cargo business on the Nairobi-Somalia route. This comes barely a few months after the regulator directed that only cargo-configured aircraft can transport … Continued

DUBAI (Reuters) – Global ports operator DP World DPW.DI believes international trade tensions such as those between the United States and China will make 2019 challenging but not unmanageable, its chairman said on Sunday. The Dubai government-controlled ports operator cautioned … Continued

By Bonface Otieno Kenya Airways has postponed the launch of its direct flight from Nairobi’s Jomo Kenyatta International Airport (JKIA) to Somali capital Mogadishu until December 5. The national carrier was to launch its direct flight to Aden Adde International … Continued