Bella Genga
Business Journalist at Bloomberg News
Outlier, fearless influencer, wife, mother. Member of @FPA_Africa. My opinions, Re-tweet ≠ Endorsement
Articles
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1 month ago |
bloomberg.com | Adelaide Changole |Bella Genga
The Absa Group Ltd. headquarters office in Johannesburg. (Bloomberg) -- Absa Group Ltd., South Africa’s third-biggest lender, is seeing surging interest among real estate investors in East Africa and plans to bolster its balance sheet to meet demand for financing.
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1 month ago |
bloomberg.com | Bella Genga
Pedestrians pass an advertisement for Samsung Electronics Co.'s Galaxy Z Fold 5 and Z Flip smartphones on a Safaricom Plc store in Nairobi, Kenya, on Tuesday, Nov. 7, 2023. Safaricom report earnings on Nov. 9. Photographer: Eduardo Soteras Jalil/Bloomberg(Bloomberg) -- Safaricom Plc expects to grow earnings by half this year, underpinned by customer acquisition in its nascent business in populous Ethiopia, where it sees losses narrowing. The Vodacom Group Ltd.
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2 months ago |
bloomberg.com | Bella Genga
The Mastercard logo.. Photographer: Amir Hamja/Bloomberg(Bloomberg) -- The Mastercard Foundation will spend $300 million to help about 500,000 refugees in Africa complete their education, giving them a pathway to jobs. The foundation will work with the UNHCR, the UN Refugee Agency, for the next five years to help displaced people complete secondary education, it said in a statement on Tuesday.
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2 months ago |
bloomberg.com | Bella Genga |Ramah Nyang
Kenyan lenders boosted investments in government securities and slowed down lending to the private sector, even as returns from domestic debt kept dropping. Yields on domestic debt retreated in the past six months, with the 91-day Treasury bills reaching a low of 8.79% at the latest auction on March 27 from a high of 15.7% at the end of September. Returns on 364-day debt have dropped to 10.4% from 16.8% last year.
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Mar 19, 2025 |
bloomberg.com | Bella Genga
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RT @BloombergAfrica: Ethiopia has reaches an agreement in principle with its bondholders on the main financial parameters for the restructu…
RT @BloombergAfrica: Kenyan business leaders say the nation’s taxation regime is unpredictable and inconsistent, adding a layer of risk for…
Kenya's tax regime is unpredictable and inconsistent, business leaders say, adding a layer of risk for firms operating in the East African nation that saw dozens of protesters killed in anti-tax marches last year. @Andersen_Kenya https://t.co/v17TjQA0iS via @economics