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African leaders have been rooting for the overhaul of the global financial architecture citing the need to have more friendlier credit terms. CNBC Africa is joined by Raymond Gilpin, Chief Economist & Head of Strategy, UNDP for more. 

Developing credit rating solutions for Africa’s financial needs

In the recent visit to the United States, Abdi Mohamed, ABSA Bank CEO, accompanied Kenya's President William Ruto under the capacity of the private sector representative on Public-private partnerships. 

Unlocking private capital for Kenyan public–private partnerships

Global rating agency Moody's has downgraded Uganda's rating to B3 from B2, citing diminished debt affordability and financing options. 

Moody's downgrades Uganda’s rating to B3 from B2

Nigeria, Kenya and South Africa are among leading adopters of crypto-currency despite the associated risks linked to stable coins as outlined by regulators. 

Yellow Card CEO speaks on the future of crypto & why Africa should to be on the table

As Kenyans prepare for the second budget reading for the 2024-2025 fiscal year under President William Ruto’s administration, tax experts are faulting some of the key tax measures citing concerns over businesses. 

Inside Kenya’s tax-led growth proposition 

Kenya’s President William Ruto met American business leaders as he outlined key areas of investment among them in technology, education, film and health. 

Kenya pitches business as Ruto meets top business leaders in Atlanta

Kenya's tourism industry is a major economic driver, but faces new challenges with disruptive forces like the sharing economy changing the hospitality landscape.

Inside Kenya's Hotel Industry: Collaborations with sharing economy platforms

The Kenyan equities market experienced a bullish sentiment last week, as indicated by the performance of the Nairobi All Share Index at 3.8 per cent and Nairobi Securities Exchange 20 Share Index at 2.7 per cent. 

Nairobi Stock Exchange up despite 22.5% drop in turnover

The Swedish Development Fund is looking to scale-up funding to Africa from the current lumpsum of $300 million in a bid to drive sustainable investments in green climate solutions through private sector. 

Swedfund plans to increase investments in Africa

The Kenya Association of Manufacturers (KAM) contends that raising the Import Declaration Fee from 2.5 per cent to 3 per cent will increase the cost of raw materials, which could hinder the manufacturing sector's capacity to add value. 

KAM raises red flag over punitive tax measures in finance bill

Despite, Kenya remaining a vibrant market for fintech funding in Africa, industry shifts and global dynamics are slowly seeing a slowdown in investment flows. 

Unlocking the funding drought for Africa’s fintech

Telecommunications firm Sonatel Group is upbeat about expanding it’s network after securing a €97 million sustainability linked facility from the International Finance Corporation. 

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