Kenyans transacted 6.59 trillion shillings (51 billion U.S. dollars) on mobile money in 2024, recording a 17-percent decline from 61.5 billion dollars in the previous year, the Central Bank of Kenya ...
Only 39% of African businesses use African currencies to finance their cross- border deals, a big fall from the 69% re- corded in 2022 ...
East African Breweries Limited (EABL) registered 20% growth in net profit from KSh 6.8 billion reported during a similar ...
Under the access to foreign exchange pillar, Uganda scored 67 out of 100, coming behind South Africa, Madagascar, Mauritius, ...
The review, offers relief to the partner states that failed to comply with the thresholds on inflation, foreign reserves, budget deficit and national debt by 2021.
Financial inclusion across East Africa would not be possible without technology. Digital innovation has given rise to an ecosystem where citizens and organisations can access essential services and ...