Finance

Senegal to focus on digitisation of payments for economic growth

Astou diop 6 1By digitising 50 per cent of all national payments, Senegal’s economic growth would increase by more than US$177mn per year

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‘Somalia is ready for a sustainable blue economy’

12366885945 774b04f81c zMohamed Abdullahi Farmajo, president of Somalia, said his country could benefit the most from a robust and sustainable blue economy

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WeChat to boost Kenya-China trade

6940221629 5d303286f1 zKenya-based bank Family Bank Limited has teamed up with London-based financial technology firm SimbaPay to launch an instant money transfer service from Kenya to China through WeChat, a service that will boost trade between Kenya and China

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East Africa to strengthen regional integration through AfCFTA

31051102305 de6a2b9cec zRepresentatives from 14 countries in East Africa have agreed to promote regional integration through the African Continental Free Trade Area (AfCFTA)

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EIB pledges US$78mn to four companies in Kenya and East Africa

EIB 1The European Investment Bank (EIB) has announced that it will support four new projects in Kenya and the wider East-African region with loans worth US$78mn

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