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Business Desk

Business Desk

Kenya Approves Asahi’s $2.3 Billion EABL Buyout

Kenya’s competition watchdog has approved Japanese brewer Asahi Group Holdings’ $2.3 billion acquisition of Diageo’s 65 percent stake in East African Breweries Limited, clearing…

Business Desk

Senegal To Reprofile $3.5 Billion In Debt Arrears

Senegal will “reprofile” 1.956 trillion CFA francs ($3.5 billion) in domestic payment arrears rather than pursue a formal debt restructuring, Prime Minister Ahmadou Al…

Business Desk

Uber Exits Nigeria And Uganda After 12 Years

Uber has shut down its ride-hailing operations in Nigeria and Uganda, ending 12 years in Africa’s largest economy effective September 2, 2026, the company…

Business Desk

Tanzania Opens Bond Market To All Foreign Investors

Tanzania has opened its treasury bills and government bonds market to foreign investors of any nationality, scrapping rules that previously limited participation to buyers…

Business Desk

The Future of Entrepreneurs in 2023

The future of entrepreneurship in 2023 promises to be an exciting and dynamic one, with new and innovative opportunities emerging every day. Entrepreneurship has…