Kenya
The Black Sea war sends world wheat prices up
The US Department of Agriculture has cut its forecasts for Russian and Ukrainian grain exports because of the Black Sea shipping war. The prices of every rival exporter have gone up.
Kenyan crypto startups eye Mauritius, South Africa over steep capital rules
Kenyan crypto startups are considering moving operations as new regulations impose minimum paid-up capital requirements difficult for early-stage businesses to raise.
China’s Africa investment surge shifts the contest from capital to value
Africa’s pipeline is expanding rapidly at a time when officially measured Chinese investment across the wider BRI is declining.
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Number of people living in each city - OWID
Most of the world’s fastest-growing megacities will soon be in Africa. Many cities across East Asia and Latin America have grown quickly over the last few decades.
African startup funding steadies at $1.44bn as debt, climate tech and consolidation reshape market – report
African startups raised $1.44bn in H1. While deal numbers fell 42%, acquisitions, cross-border expansion and corporate partnerships increased sharply.
Airtel Money selects London for planned 2026 IPO
Airtel Money is among Africa’s biggest mobile financial services platforms, serving 56.5mn customers across 14 countries.
Afreximbank chief says fair credit ratings are key to Africa’s industrialisation
In 2025, Botswana, Morocco and Mauritius were the only African countries with investment-grade sovereign ratings; some are not rated at all and are excluded from accessing international capital markets.
Mega-deals, debt financing and M&A drive African startup funding to $1.44bn in H1 2026
Investors backed fewer African startups in H1 2026 than a year ago, but deals were larger, with electric mobility Spiro leading funding, while M&A activity reached a record high.
Sub-Saharan Africa's green transition could create up to 84.5mn jobs by 2050, report says
Africa's green transition is expected to be driven by decentralised, service-based industries such as clean cooking, off-grid solar, waste recycling and electric mobility.
Nigeria's Daya raises $2.4mn to expand stablecoin payment network across Africa
Daya's oversubscribed pre-seed funding highlights investor confidence in blockchain-based financial infrastructure as African businesses increasingly adopt digital dollar settlements.
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World Bank backs Eastern Africa power grid integration with $1.6bn programme
The World Bank Group has approved a $1.6bn financing package for the RETRADE-EA, a 10-year initiative aimed at expanding cross-border electricity trade in east Africa and strengthening regional grid integration.
Toyota launches EV sport utility vehicle bZ4X in Kenya, following South Africa and Morocco rollouts
Toyota has launched the fully electric bZ4X in Kenya, extending its gradual rollout of battery electric vehicles across Africa after earlier introductions in Morocco in April and South Africa last month.
World Bank cuts Sub-Saharan Africa growth forecast as energy shock bites
The World Bank warns that higher energy costs and weaker external demand stemming from the Middle East conflict are outweighing the benefits of structural reforms, stronger commodities prices
Illicit gold networks fuelling conflict, organised crime across Africa and global south, GI-TOC warns
Illicit gold has become a critical source of financing for organised crime, armed groups and sanctioned regimes across Africa, a Global Initiative Against Transnational Organized Crime report finds.
Amazon selects Kenya for first African satellite gateway in Project Kuiper challenge to Starlink
Amazon selects Kenya as the location for its first African satellite gateway, advancing the rollout of Project Kuiper (Amazon Leo) to compete with Starlink in the East African market.
China’s BYD captures 35% of Africa EV market, as latecomer rival Tesla bets on Morocco
Chinese EV giant BYD upped its market share from just 4% in 2023 as electric vehicle sales on the continent accelerated. Tesla is betting on Morocco, Africa’s leading EV manufacturing hub.
Two killed in Kenya protests over US-backed Ebola isolation centre
The deaths occurred as demonstrations intensified over a proposed 50-bed Ebola treatment facility intended to treat US citizens affected by the ongoing outbreak.
Kenya plans 15% tax on foreign startup-investor exits, targets offshore VC deals
Kenya plans to introduce a 15% capital gains tax on indirect transfers involving local assets, effectively targeting offshore sales of shares in domestic companies.
Russia plans Africa summit in October as Moscow deepens Sahel ties
Russia will hold its latest Russia-Africa summit in October, according to officials involved in preparations for the event, as Moscow seeks to expand political, military and economic influence across Africa.
Kenya lists first infrastructure fund on Nairobi bourse with UK support
Spearhead Africa Infrastructure Fund became the first infrastructure-focused vehicle to list on the Nairobi Securities Exchange after raising $26.3mn for renewable energy, logistics and digital infrastructure projects.