The women at the centre of Somalia’s construction boom

The women at the centre of Somalia’s construction boom

JUNE 15 – Construction is booming in Somalia’s capital city and as Mogadishu literally rises from the ashes of its violent past it is also giving unexpected opportunities to women like Fathi Mohamed Abdi and Saadia Ahmed Omar. The two young female engineers have been overseeing the construction of a 10-floor apartment complex in Taleh…

Kenya’s horticulture exports down 11pc in Q1 2025

Kenya’s horticulture exports down 11pc in Q1 2025

The apex bank said in an economic report released in Nairobi, Kenya’s capital, that the country earned 40 billion shillings (309.4 million U.S. dollars) during the first quarter, a decline from 349 million dollars during a similar period in 2024. Kenya exported 216,429 tonnes of produce, up from 206,714 tonnes in a comparable period in…

Africa’s top blockchain conference opens in Nairobi amid regulatory debate

Africa’s top blockchain conference opens in Nairobi amid regulatory debate

  NAIROBI, Kenya, June 13 – The third edition of the Kenya Blockchain and Crypto Conference (KBCC) has officially opened in Nairobi, bringing together over 1,500 participants from across Africa to discuss the future of digital assets and the evolving regulatory landscape. Powered by Binance and supported by sponsors including Bitget, Sumsub, Tether, and Telcoin,…

Treasury CS Mbadi unveils Sh4.2tn budget for 2025/26 in Parliament

Treasury CS Mbadi unveils Sh4.2tn budget for 2025/26 in Parliament

NAIROBI, Kenya, June 12 – Treasury Cabinet Secretary John Mbadi is presenting a Sh4.2 trillion budget for the 2025/26 financial year, with the government targeting to raise Sh3.3 trillion in revenue and bridge a Sh900 billion deficit through borrowing and grants. Of the projected revenue, Sh2.7 trillion will come from taxes and Sh560 billion from…

Tokyo stocks rise on hopes for progress in U.S.-China trade talks

Tokyo stocks rise on hopes for progress in U.S.-China trade talks

Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 122.94 points, or 0.32 percent, from Monday at 38,211.51. The broader Topix index, meanwhile, finished 0.83 point, or 0.03 percent, higher at 2,786.24. On the stock market, sentiment was lifted after senior U.S. officials made positive remarks following the conclusion of the first…

CAK invests Sh45mn in forensic lab to boost probes 

CAK invests Sh45mn in forensic lab to boost probes 

NAIROBI, Kenya, June 9 – The Competition Authority of Kenya (CAK) has launched the first phase of its forensic laboratory project, investing Sh45 million to enhance its ability to gather credible evidence in competition-related investigations. According to CAK Director General David Kemei, the move is aimed at addressing past challenges in obtaining verifiable evidence capable…

On board the driverless lorries hoping to transform China’s transport industry

On board the driverless lorries hoping to transform China’s transport industry

JUNE 7 – They rumble down the highway between Beijing and Tianjin port: big lorries, loaded up and fully able to navigate themselves. Sure, there is a safety driver in the seat, as per government regulations, but these lorries don’t require them, and many analysts say it won’t take long before they are gone. When…