Port-Louis, Mauritius — The Mauritius Commercial Bank Limited (MCB) has issued a structured financing package to Invictus Investment Company PLC to support the firm’s expansion across Africa and the Middle East. The facility combines acquisition finance with a revolving credit line, providing Invictus with additional working capital as it scales its agro-food operations. The arrangement…
Nairobi — Woodford Reserve, the small-batch Kentucky bourbon produced by Brown-Forman, has officially launched in Kenya, marking the brand’s strategic entry into the East African premium-whiskey market. The debut coincided with a Nairobi event celebrating Old Fashioned Month on November 6, part of a global initiative highlighting the classic cocktail. David Mutunga, Brown-Forman’s East Africa…
Around the globe, corrupt actors exploit anonymity to hide stolen wealth and amass even more ill-gotten gains. Obscuring their true identities across borders and through mazes of anonymous companies and trusts, they hoard assets and rob the public of critical resources. According to a recent report, corruption is one of the main risks linked to…
IN East Africa, we’re experiencing an exciting period of business growth driven, in part, by digital transformation and its myriad of benefits such as mobile-driven financial inclusion, smarter agriculture and industrial manufacturing, critical infrastructure, data centres, to name but a few. Similarly, digital transformation is creating opportunities for our channel partners who include system integrators…
KTDA CEO Wilson Muthaura, Agriculture CS Mutahi Kagwe and KTDA chairman Chege Kirundi. PHOTO/FILE. Kenya is one of the world’s largest exporters of tea, but within the country, a growing controversy has arisen over the significant price disparities between tea grown in the East and West of the Rift Valley. Tea farmers in the Eastern…
Italy’s stance on its historical atrocities against Ethiopia, Eritrea and Somalia contradicts principles in its Mattei Plan for Africa. The Mattei Plan represents Italy’s flagship initiative to reset relations with Africa through a model that blends development cooperation, trade and strategic diplomacy. Designed to enhance Italy’s role in Europe and Africa, the plan seeks to…
Prime Minister Xanana Gusmao hails membership as beginning of an ‘inspiring new chapter’ for Asia’s youngest nation. East Timor has joined the Association of Southeast Asian Nations (ASEAN) as the bloc’s 11th member state in a move Prime Minister Xanana Gusmao hailed as a “dream realised”. The flag of East Timor, which is also known…
Kampala, Uganda — The efforts aim to stifle dissent across the region, despite various treaty protections of freedom of movement. Agather Atuhaire, a journalist and human rights activist, traveled to Tanzania in May to observe the trial of Tundu Lissu, a Tanzanian opposition leader charged by the government with treason. But a day after she…
Nairobi — Kenya has topped the East African Community (EAC) in energy consumption and renewable energy generation, according to the latest Energy and Petroleum Regulatory Authority’s (EPRA) Energy and Petroleum Statistics Report. The report shows Kenya recorded the region’s highest electricity peak demand of 2,316 megawatts (MW), up from 2,177 MW in 2024, surpassing Tanzania’s…
Demolition has begun on part of the East Wing of the White House in preparation for the construction of US President Donald Trump’s new ballroom. Construction crews on Monday tore down massive chunks of a covered entryway and windows in the East Wing, which Trump said is being “fully modernised”. The president previously said that…
