Chinedu Okafor
Chinedu is a Senior Reporter at Business Insider Africa with 5 years experience creating profoundly engaging and insightful content. <br/>Articles written by the author
See the recently inaugurated Algiers Mosque, Africa’s largest mosque
Algeria just inaugurated the largest mosque in Africa. The president of the country, Abdelmadjid Tebboune oversaw the inauguration of the monument.
Top 10 African countries on the list of fastest-growing economies in 2024
Africa is poised for sustained economic expansion in 2024, building upon the positive momentum witnessed in previous years.
Kenya and Canada set eyes on trade growth amidst decline
Kenya and Canada are currently in the process of bolstering their bilateral trade.
Kenya’s currency pushes public debt to record high of Ksh11.14 trillion
Kenya had added Ksh1.93 trillion ($13.3 billion) to its overall debt at the end of 2023.
Kenyan shilling surges as it records highest gain in 12 years
The Kenyan currency continues to thread in a positive direction as it records another gain against the US dollar.
Kenya projects its highest foreign investment income in 3 years
The Central Bank of Kenya (CBK) anticipates a larger figure from foreign investments than the country has recorded in the past 3 years.
Fuel prices in Tanzania drop as the global energy market catches a break
Tanzania's energy sector gets a reprieve as the price of petroleum products reduces.
Kenyans to brace for repercussions of militant activities at the Red Sea
The effect of pirate attacks on the Red Sea from Yemen-based militants, Houthi, has found its way into the Kenyan economy.
AI to become an important tool in Tanzania’s government
In an effort to bolster Tanzania’s digital data pool and e-related services, the government is looking to integrate artificial intelligence into its e-government platforms.
China's exports to Kenya fall in 2023, defying historical trends
Exports from China to Kenya saw a decline in 2023.
World Bank president denies cover-up allegations in Kenya
The World Bank is currently pushing against a legal case brought against it which involves Kenya.
Kenyan banks quote favorable rates as the shilling strengthens against the US dollar
The dollar rate at Kenyan commercial banks fell a little as the Kenyan shilling gained value.
The fight between Kenyan sibling and Tanzanian son over Late PepsiCo executive's estate
Edward Nzesya, the younger brother of the late PepsiCo executive, William Mulwa Mutilangi, is looking to take legal action against Tanzania’s Bakari Kisalu Malanda who claims to be William Mulwa’s son.
Kenyans spend more despite stagnant and declining incomes
The purchasing power of Kenyans has seen a significant decline owing to some economic challenges.
East Africa's grain market is set to thrive with new grant
A $2 million (Sh233 million) grant was recently given to Kenya, Uganda, and Tanzania to increase grain export.
Kenya loses $200 million amidst oil dispute with Uganda
Kenya’s oil fallout with Uganda late last year amounted to an estimated $200 million loss.
Economic outlook brightens as Kenyan Shilling makes 3-year high gain
The Kenyan Shilling, one of Africa’s worst-performing currencies in 2023, recently experienced a gain of 0.73 percent against the US dollar.
Here's the reason why Kenya has come under IMF scrutiny
The International Monetary Fund has expressed discontent with Kenya’s plan to re-introduce fuel subsidies.
Uganda's indigenous ride-hailing Safeboda is set to resurge in Kenya
Uganda's indigenous ride-hailing business Safeboda is preparing to resume operations in Kenya.
Kenya doubles down on exporting labor
The Kenyan government has extended its full support to Kenyans looking to find work overseas.
