Lennox Yieke

Jan 8, 2025 | african.business | Lennox Yieke

Kenya Airways’ return to the Nairobi Securities Exchange this week has prompted a bullish response from investors. Shares in the national carrier, which resumed trading on Monday after successive annual suspensions lasting about four-and-a-half-years, initially surged to a high of Sh6 (4.6 US cents). At Sh4.76 (3.7 US cents) per share at the close of trading on Wednesday, the total market value of the airline’s outstanding shares, also known as the market cap, stood at Sh25.21 billion ($193.67m).

Dec 31, 2024 | magazinedelafrique.com | Lennox Yieke

Le propriétaire de Marlboro en dehors des États-Unis et du Canada souhaite que les produits sans fumée représentent les deux tiers de son chiffre d’affaires total d’ici à 2030. Le plus grand fabricant de tabac au monde (hors Chine), Philip Morris International (PMI), développe des produits sans fumée moins chers afin d’offrir des alternatives aux fumeurs africains actuels, vient de révéler un cadre supérieur de la multinationale américaine.

Dec 25, 2024 | magazinedelafrique.com | Lennox Yieke

Différents décideurs politiques se sont réunis à Gaborone pour discuter de la sécurisation de l’avenir économique de l’Afrique dans un contexte d’incertitude croissante. Les experts participant à la conférence économique africaine qui s’est tenue en novembre à Gaborone, au Botswana, ont souligné l’urgence pour les décideurs africains de prendre des mesures audacieuses afin de restructurer leurs économies et de renforcer leur capacité de résistance dans un environnement mondial difficile.

Dec 23, 2024 | african.business | Lennox Yieke

Nigeria’s inflation rate surged for the third consecutive month in November to reach 34.6%, the highest level in over 28 years, according to data from the statistics agency. The inflation has been exacerbated by recent floods in the country’s northern regions, which have caused prices of staple foods like yam, corn, and rice to soar. Rising gasoline costs have also contributed to the price pressures in Africa’s largest crude oil exporter.

Dec 17, 2024 | african.business | Lennox Yieke

This article is part of a series produced in collaboration with the African Development Bank in light of its sixtieth anniversary. Please visit our dedicated portal to read about the Bank's history and its activities on the continent. Africa’s vast reserves of critical minerals and renewable energy potential present a unique opportunity to build local value chains and drive green growth, experts highlighted at the Africa Investment Forum (AIF) in Morocco this December.