By digitising 50 per cent of all national payments, Senegal’s economic growth would increase by more than US$177mn per year
Finance
‘Somalia is ready for a sustainable blue economy’
Mohamed Abdullahi Farmajo, president of Somalia, said his country could benefit the most from a robust and sustainable blue economy
WeChat to boost Kenya-China trade
Kenya-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
East Africa to strengthen regional integration through AfCFTA
Representatives from 14 countries in East Africa have agreed to promote regional integration through the African Continental Free Trade Area (AfCFTA)
EIB pledges US$78mn to four companies in Kenya and East Africa
The 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