Tuesday, May 12, 2026
AfDB signs $400m senior loans for $20bn MozambiqueLNG landmark project
Charles Abuede The African Development Bank (AfDB) said it is involved in a joint partnership with other global syndicates of...
Read moreDetailsStripe, Robinhood, other fintech frontrunners raise $4bn in 3 months amid pandemic
Charles Abuede A set of data obtained by Business A.M. have revealed that the top tier companies in the global...
Read moreDetailsAmazon’s Jeff Bezo richer by $13bn in a day
Jeff Bezos Amazon Chief Executive Officer, Jeff Bezos’ wealth rose by a record $13 billion in a single day on...
Read moreDetailsAirtel Africa, WorldRemit join forces to raise financial inclusion in Africa
By Omobayo Azeez Airtel Africa is scaling up its operations with WorldRemit, the global digital money transfer service that operates...
Read moreDetailsKenya set to regulate loan rates for lendtechs
Business a.m. The Central Bank of Kenya (CBK) is set to regulate loan rates for digital lenders operating in the...
Read moreDetailsAfDB, partners commit $3.8bn to speedily close Africa’s investment gap
15 deals in AIF’s current portfolio All deals valued at $3.79 billion earmarked to address the impact of COVID-19 By...
Read moreDetailsHopes of stimulus-led economic rebound sees Wall Street opening higher
Stock markets in the United States have opened higher this Friday with the S&P 500 reported to be on course...
Read moreDetailsChina’s GDP beat fails to energise bulls
Hussein Sayed, chief market strategist at FXTM Following a 6.8% contraction in the first three months of 2020, the Chinese...
Read moreDetailsSamsung ready to deploy 6G technology by 2028
By Omobayo Azeez Electronic manufacturer and telecoms technology company, Samsung, has said that by 2028, its 6G technology would be...
Read moreDetailsEast Africa remains Africa’s strongest economy despite COVID-19 growth cut
Nairobi, the capital city of Kenya. Economic disruption caused by the COVID-19 pandemic has pushed East Africa's growth projection for...
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