Kenya is committing US$100 million to increase its ownership stake in three key African financial institutions: the African Development Bank…
Browsing: ECONOMY
Navigate the complex tapestry of the East African economy with Khusoko.com. Dig deep into economic news, analysis, and insights from East Africa. Uncover market trends, policy impacts, and development updates shaping the region’s financial landscape.
Kenya Reinsurance Corporation (Kenya RE), announced a stellar financial performance for 2023, with profit before tax surging 53% to Ksh…
Kenya’s year-on-year inflation rate edged up to 5.1% in May 2024, from 5.0% in April 2024. The rise in inflation…
The European Investment Bank (EIB), through its arm EIB Global, has committed €25 million to Amethis Fund III, a pan-African…
Absa Bank Kenya PLC says it recorded a 34% year-over-year increase in its profit after tax to Kshs. 5.9 billion…
Standard Chartered Bank Kenya reported a strong increase in profits for the first quarter of 2024. Profits jumped 39.5% to KSh…