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Emerging Venture Markets raised a total of $9.1 billion in 2024, marking a 41 per cent decline compared to FY2023. Deal activity followed suit, with 1,527 deals reflecting a 20 per cent drop year-on-year. 

Venture capital shrinks by 41% to hit $9.1bn in 2024

Kenya’s economy is facing multiple shocks linked to a slowdown in domestic revenue collection and high interest rates that have seen the economy contract. 

Elim Capital’s 2025 economic outlook for Kenya

Sub-Saharan Africa growth is being forecasted to range between 4 per cent and 4.2 per cent in 2025 according to the International Monetary Fund as the regional economies exude a cautious sense of optimism. 

IMF & World Bank predict 4 to 4.2% growth in SSA in 2025

Kenya is Africa’s leading investment hub in 2024 securing $638 million according to a just released report. The amount represents 29 per cent of Africa’s total funding. 

Kenya ranked top destination for venture capital grossing $638mn

The on-going crisis in Sudan has devastated the economy, which is expected to continue shrinking, making it increasingly difficult for private businesses to thrive. 

Sudan's private sector resilient in war crisis

African countries are witnessing more inflows of climate finance with climate financing hitting $45 billion marking a 50 per cent increase from two years ago. 

Climate finance report shows 50% surge in financing into Africa

Kenya's Digital Service Tax (DST), introduced on 1st January 2021, aims to fairly tax the growing digital economy. 

KRA's approach to taxing the digital economy

The Sahel region has been mired by political and economic instability in the last few years. This has resulted into dire effects on the cross border trade within the region economically. 

Impact of Sahel’s instability on cross-border trade

Gridworks and the Government of Uganda are developing the Mbale-Bulambuli-Kween transmission project, featuring an 80km high-voltage line, two new substations, and an upgraded one. 

Gridworks to deliver Mbale-Bulambuli-Kween transmission project in Uganda

Today marks a significant milestone for Rwanda’s financial markets as the Rwanda Stock Exchange (RSE) launches its ESG Reporting Guidelines. 

RSE launches ESG reporting guidelines

CNBC Africa’s Flora Limukii spoke to Lucy Mazyanga Mazaba the Regional Director at AFRICA CDC to shed more light on the issue.

Scaling medicine manufacturing in Africa

Ethiopia’s Parliament has passed a groundbreaking proclamation allowing foreign banks to enter the Ethiopian market, a move aimed at boosting investments in the banking sector. 

CBEA