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Kenyan Athlete Breaks 10,000 Meters World Record

Kenyan Athlete Breaks 10,000 Meters World Record

Beatrice Chebet, a Kenyan female athlete, has set a new world record in the 10,000 meters. Chebet achieved this feat at the Prefontaine Classic on Saturday, finishing in 28 minutes and 54.14 seconds, breaking the previous record of 29 minutes 01.03 seconds, set by Ethiopia’s Letesenbet Gidey in 2021. Chebet finished ahead of Ethiopia’s Gudaf […]

Standard Bank And MiDA Advisors To Partner With Acorn Holdings In USD$700 Million Blended-Finance Deal For Green Student Housing In Kenya

Standard Bank And MiDA Advisors To Partner With Acorn Holdings In USD0 Million Blended-Finance Deal For Green Student Housing In Kenya

Standard Bank, Africa’s largest banking group by assets and MiDA Advisors, will be partnering with Acorn Holdings, an established real estate developer, in mobilising USD$700 million Kenya Shilling (KES) equivalent in long-term blended finance commitments for green, affordable student housing in Kenya. Upon approval, the transaction will comprise up to USD$180 million commitment from the […]

South Africans Poised To Shake Up Their Governing Status Quo

South Africans Poised To Shake Up Their Governing Status Quo

The provincial and national elections on May 29 come amid waning support for the ruling African National Congress thirty years after South Africa transitioned to democracy. What’s at stake in South Africa’s elections? In recent years, South Africa has struggled with sluggish economic growth, widespread unemployment, unreliable access to power, dysfunctional rail and port infrastructure, […]

Andela Celebrates A Decade Of Impact

Andela Celebrates A Decade Of Impact

From a Single Hub in Lagos, Andela Surpasses 10-Year Goal in Over 135 Countries  Andela, the world’s largest private marketplace for technical talent, is celebrating its 10th anniversary with a series of international events held from May 17 to May 25. These events are taking place in key global locations including the US, UK, Nigeria, Kenya, Ghana, […]

Financial giants back Africa’s premier Banking Awards ceremony

Financial giants back Africa’s premier Banking Awards ceremony

African Export-Import Bank, African Guarantee Fund and African Trade & Investment Development Insurance, among the key pan-African financial institutions supporting African Banker Awards 2024. NAIROBI, Kenya, 28 May 2024 /African Media Agency (AMA)/- Some of Africa’s leading financial institutions will be attending the 2024 edition of the Awards Ceremony. This annual event which takes place during […]

The African Development Bank approves its new strategy to boost the Kingdom’s socio-economic progress

The African Development Bank approves its new strategy to boost the Kingdom’s socio-economic progress

RABAT, Morocco, 28 May 2024 -/African Media Agency(AMA)/-The Board of Directors of the African Development Bank Group has approved Morocco’s Country Strategy Paper (CSP) for the period 2024-2029. This roadmap will serve the priorities of the Kingdom’s new development model to 2035, helping to strengthen the competitiveness and resilience of the Moroccan economy, support strong, sustainable […]

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