Author: Martha Etale

Africa’s leading economists, policymakers, and private sector leaders have kicked off a three-day African Economic Research Consortium (AERC) Research and Policy Summit, a high-level forum dedicated to shaping pathways for sustainable and inclusive growth across the continent. Hosted under the theme “A Renewed AERC for Africa’s New Development Priorities,” the summit brings together eminent scholars, central bank governors, and development partners to debate Africa’s evolving economic challenges and opportunities. Reclaiming Africa’s Economic Narrative Opening the summit, National Treasury Cabinet Secretary John Mbadi, in remarks delivered by PS Bonface Barasa Makokha, urged delegates to redefine Africa’s development model: “Today, we must reclaim…

NCBA Investment Bank has unveiled a new suite of Offshore Investment Solutions, designed to give clients access to professionally managed global portfolios, currency diversification, and long-term wealth-building opportunities. Strengthening Global Wealth Access Managing Director Muathi Kilonzo emphasised that the platform leverages NCBA’s regional and international footprint to deliver safe, compliant, and client-focused investment options. “We’re utilising our global presence, market knowledge, and expertise to create a solid offshore investment setup. Our goal is to ensure it meets all regulatory standards in various markets and truly connects with our clients’ needs, helping them invest their capital safely while aiming for reliable…

Heineken N.V. has confirmed its withdrawal from eastern Democratic Republic of Congo (DRC), selling its Bukavu brewery to Synergy Ventures Holdings Ltd of Mauritius for a symbolic €1. Why the Exit? The Dutch brewer cited humanitarian considerations and the loss of operational control to armed personnel in June 2025. This followed the M23 group’s takeover of Bukavu in February, which left the brewery looted and damaged. Heineken explained: “The transfer is driven by a humanitarian objective to safeguard jobs and livelihoods, maintain vital community services and prevent misuse of the facility in a volatile security environment.” Impact on Operations The…

Mars Wrigley Kenya has unveiled a new sugar-free gum production line at its Athi River facility, reinforcing its long-term commitment to Kenya with an additional $33 million investment over the next three years. This builds on the more than $70 million already deployed in the country and underscores Kenya’s growing role as a manufacturing hub for the Middle East and Africa (MEA) region. Strategic Expansion The Athi River facility will supply Orbit sugar-free gum to Sub-Saharan Africa and Extra to Egypt, Saudi Arabia, Iraq, Libya, Lebanon, the UAE and the wider Gulf. Local production marks a strategic shift from reliance…

Low‑cost carrier Jambojet has unveiled plans to triple its fleet and extend operations far beyond its current East African footprint, positioning itself as a pan‑African airline connecting major cities across the continent. Fleet Expansion Strategy Jambojet currently operates 11 aircraft, primarily Dash 8 Q400 turboprops, which have anchored its short‑haul network. The airline plans to introduce larger, longer‑range jets to serve destinations in West Africa, North Africa, and Southern Africa. The Dash 8 fleet will continue to support high‑frequency domestic routes such as Mombasa, Kisumu, Eldoret, Diani, and Malindi. CEO Karanja Ndegwa said: “This expansion marks a pivotal shift for…

OPPO Kenya has introduced its latest flagship smartphone, the Find X9, priced at Ksh 139,999. Available in Titanium Grey and Space Black, the Find X9 combines cutting-edge imaging, ultra-efficient performance, and a refined design, making it one of the most compelling high-end devices in Kenya’s mobile market. “Together with Hasselblad, we are taking a monumental leap forward in imaging quality with the Find X9,” said Fredrique Achieng, PR Manager, OPPO Kenya. “Combined with a refined design, extraordinary battery life, and the fast and smooth ColorOS 16, Find X9 is set to redefine the flagship experience.” Why Find X9 Stands Out…