East Africa

Kenya Launches IPO of State Oil Pipeline Firm, Targeting $825 Million

Kenya has launched the initial public offering of its state-owned Kenya Pipeline Company, seeking to raise about 106.3 billion shillings, or roughly $825 million,...

Ethiopia Moves to Take Full Control of Its Currency, Aiming for Long Term Stability

Ethiopia is moving to localise the production of its national currency, the Ethiopian birr, as part of a broader effort to strengthen monetary sovereignty...

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