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The African Development Bank AGM concluded with a revised ten-year strategic plan focusing on "A Resilient Prosperous Africa with Growth Equality." 

AUDA-NEPAD targets middle income status for African countries by 2033 

Kenya's proposed Finance Bill 2024 is out and it contains a raft of new taxes as well as amendments to some tax acts that will greatly impact the Small and Medium Businesses, if passed. 

Kenya Finance Bill 2024: Implications on SMEs

During the AfDB gatherings, Director of African Financial & Technical Assistance, Nixon Bugo emphasized the necessity of directing attention towards sectors and subsectors that currently receive inadequate financing.

Unlocking private capital to advance Africa's growth

Harsha Bangari, the MD of India-Exim Bank spoke to CNBC Africa about ties between Africa and India, and the pivotal role of development finance in shaping this dynamic relationship.

India-Exim's interests in Africa

What is the way forward from the credit rating conundrum in Africa, how to  address the contextual disparities among international agencies and mitigate the 'zipcode premium' on the continent.

Fixing Africa’s credit rating conundrum

Empowering a brighter future for all. 'Innovation for Inclusion' brings together cutting-edge technology and collaborative spirit to drive financial inclusion and opportunities for micro and small businesses, women, and youth. 

Advancing innovation for inclusion in Africa

Paul Muthaura, CEO of AfCMI, engaged with CNBC Africa, discussing the dynamic transformation of carbon markets on a global scale. 

AfCMI CEO on the evolution of carbon markets & Africa's place in it

Leveraging on African Continental Free Trade Agreement and Human Capital for sustainable growth are some of the key discussions at the AfDB annual meetings in Nairobi. 

Leveraging AfCFTA and human capital for sustainable growth

On addressing climate and cross-border fragility in the region, Djibouti's Finance Minister Ilyas Moussa Dawaleh emphasized the need for regional connectivity from bilateral and multilateral partnerships. 

Rebuilding collective prosperity across the horn of Africa

Somalia's Finance Minister, Bihi Iman Egeh, during his keynote address at the AfDB meeting in Nairobi, Kenya, focused on building resilient African economies and a key takeaway was Somalia's remarkable progress in slashing its external debt.

Egeh: Africa is in a global debt distress era

The National Bank of Rwanda (BNR) has cut its policy rate by 50 basis points to 7 per cent, following a decline in inflation and positive economic trajectory. 

Rwanda: BNR cuts policy rate by 50 bps to 7% 

Despite remaining stable on Wednesday, the Ugandan shilling faces pressure due to increased demand for hard currency from both interbank market players and energy importers. 

RWANDA