News

Five Kenyan banks have launched a pilot lending service via mobile phone for the benefit of the country’s small and medium-sized business, the central bank announced on Monday. KCB Bank Kenya, Commercial Bank of Africa Limited (CBA), Cooperative Bank of Kenya, Diamond Trust Bank and NIC...

TSX-V-listed Alphamin Resources has begun hot commissioning its Bisie tin mine in the rainforest of North Kivu, Democratic Republic of Congo (DRC). Bisie is considered one of the world’s highest grade tin deposits, with an updated feasibility indicating that the mine could produce 152,300 tonnes of...

A strong performance by the agricultural industry helped Kenya’s economy expand by 6.3% last year, according to latest figures from the Kenya National Bureau of Statistics (KNBS). Adequate rainfall over the course of the wet season boosted the sector, a mainstay of the Kenyan economy, following...