Kenya, Korea ink deal to plan five digital cities

Kenya has signed strategic deals with the Korea Trade Centre the commercial wing of the Korean Government, in efforts aimed at accelerating Kenya’s digital and smart infrastructural development. Signed on the sidelines of the ongoing third edition of the Kenya International Investment Conference, the partnership involved a memorandum of understanding for the construction of over…

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Kenyan tech firm modernises Liberia’s revenue collection

Liberia has successfully launched the Liberia Integrated Tax Administrative System or ITAS, courtesy of technical assistance from Farsight Africa Group – a Nairobi-headquartered strategic communications and technology firm. The system, developed for the Liberia Revenue Authority (LRA) by Farsight Africa and Tunisian software partner, ArabSoft, will facilitate digital registration, online filing, and payment of tax…

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Burundi Receives $261 Million IMF Loan to Boost Economic Recovery

Burundi has received a total of $261 million from the International Monetary Fund (IMF), which will be utilized to bolster its economic recovery efforts. The IMF team, headed by Mame Astou Diouf, the Mission Chief for Burundi, visited Bujumbura in February, leading to subsequent meetings. According to a statement released by the IMF, a staff-level agreement…

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Commonwealth Finance Ministers Call for Systemic Reform of Global Financial Architecture

Finance ministers from various Commonwealth countries have called for a systemic reform of the global financial architecture to enhance access to development financing for vulnerable countries. This call for reform came at the Commonwealth Finance Ministers High-Level Working Group Meeting in Washington D.C. on 14 April 2023. During the meeting, finance ministers discussed national fiscal policies, measures…

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Stanbic Bank Set to Hold the Second Edition of the Stanbic Yetu Festival

Stanbic Bank in partnership with Radio Africa is excited to announce the upcoming second edition of the Stanbic Yetu Festival, scheduled to take place on Saturday, June 10th, 2023, in Nairobi. Following last year’s highly successful event, which offered attendees an electrifying musical experience, this year’s festival will feature an exceptional lineup of both Kenyan and international Rhythm and Blues…

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