Business & Economy

Kenya grapples with debt crisis

As Kenya’s lockdown bills skyrocket, the country is faced with a new era of austerity, government borrowing and tax hikes. By Zachary Ochieng in Nairobi. Over 160,000 Kenyans signed an online petition in April to stop the International Monetary Fund…

Africa embraces cannabis farming

Growing cannabis may have once earned you a visit from the police. But with medical marijuana becoming increasingly popular in the West, Judy Cogan discovers African governments are keen to cash in. A family-friendly pick-your-own fruit farm might not be…

Kenya's recycling queen

The enterprising young businesswoman turning Nairobi’s plastic waste into environmentally friendly building materials. By Zachary Ochieng in Nairobi. Above the din of roaring factory machines, I am greeted with a cheery ‘karibu’ (welcome) by Nzambi Matee. Wearing a blue overall,…

Kano poisoning deaths rise to 10

Food safety has come under scrutiny in Nigeria after an alleged poisoning killed 10 people and hospitalised 400 in Kano state. Residents of Kano state, northwest Nigeria, woke up to the news of a strange illness on March 16, that…

African business news: May 2021

Uganda-Tanzania oil deal to add 10,000 jobs to East African economy  President Yoweri Museveni of Uganda and Tanzania’s Samia Suluhu Hassan signed an agreement on the East African Crude Oil Pipeline project on April 12. ‘The EACOP Tripartite Project Agreement…

Shipping rules hinder Nigerian growth

Foreign liners may continue to enjoy exclusive rights over Nigeria’s crude oil exports. But, as Francis Ezem reports, Nigerians may soon be able to get in on the act. Nigeria is the world’s sixth largest producer of crude oil, extracting…
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