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Intelligence for the New World Economy

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Semafor World Economy

Martin K.N Siele

Martin K.N Siele

Email Martin
@gengetonedon

Martin K.N Siele is based in Nairobi, Kenya.

Sign up for Semafor Africa: A rapidly-growing continent’s crucial stories.

Kenya’s bourse bets on M-Pesa to attract retail investors

Leading telcos are expected to soon roll out trading services on their mobile money apps.
A man holds up his mobile phone showing a M-Pesa mobile money transaction page in Kenya’s capital Nairobi on Dec. 31, 2014.Noor Khamis/File Photo/Reuters

Kenya launches $824M pipeline IPO amid transparency fears

The country’s first IPO since 2015 is part of a bid to fund infrastructure projects.
Tanker trucks at the Kenya Pipeline Company in the port city of Mombasa, Kenya, on June 7, 2018.Joseph Okanga/File Photo/Reuters

Battle looms for African football broadcast rights

Changes to the Africa Cup of Nations cycle, and a new football tournament, look set to spark a new scramble for media rights
Aerial view of the Felix Houphouet Boigny Stadium ahead of the 34th edition of AFCON 2024 in Abidjan on Dec. 5, 2023.Aerial view of the Felix Houphouet Boigny Stadium in Abidjan. Luc Gnago/File Photo/Reuters.

Kenya pushes back as US eyes more African health deals

A handful of countries have signed agreements with Washington but a Kenyan court case has raised growing data privacy concerns.
A Codix Bio production plant where HIV and malaria test kits are locally produced, as it aims to fill the gap left by USAID cuts, in Ogun State, Nigeria, on June 18, 2025.Sodiq Adelakun/Reuters

Kenya eyes new energy deals as power cuts intensify

A seven-year moratorium on signing new power purchase agreements was lifted last week.
 Electricity pylons supporting high-voltage transmission cables run through the Lake Elementaita National Wildlife Sanctuary in Kenya’s Great Rift Valley.Tony Karumba/AFP via Getty Images

Kenya sounds alarm as Tanzania unrest hits regional trade

Nairobi’s trade minister warns electoral violence is damaging investor confidence.
Tanzanian riot police disperse demonstrators during violent protests.Onsase Ochando/Reuters

Tanzania’s President Samia in lead amid poll protests, internet shutdown

Tanzanian protesters clash with police, defy internet shutdown to demand election cancellation.

Kenyan banks want to enter Ethiopia despite the risks

A new World Bank report highlighted the challenges Kenya’s telco Safaricom has faced in the gradually opening Ethiopian economy.

Uber and Bolt’s bet on Kenyan safaris sparks price cut fears

The ride-hailing firms are entering the lucrative safari market for the first time.

Africa is on cusp of AI ‘data boom’: Helios Towers CEO

Data consumption will quintuple over the next five years, the CEO of Helios Towers, one of Africa’s largest telecoms infrastructure companies, told Semafor.

DR Congo minister says ‘you cannot look at Africa with American eyes’

At Semafor’s The Next 3 Billion summit, DR Congo’s minister of communications discussed how perceptions of conflict in the country impact investment.

Why international schools are booming in Kenya

A growing middle class and expatriate population is driving demand and investment into the thriving sector.

PFL Africa taps Kigali for semifinals event

It would mark the latest win for Rwanda in its push to attract major international sporting events to the country.

Diageo faces tough choices in Kenya as new alcohol regulations bite

The British drinks giant is grappling with controversial new government proposals including raising the minimum drinking age from 18 to 21.

US hits Africa with new tariff rates

US President Donald Trump slapped a 30% duty on imports from South Africa after the continent’s largest economy failed to secure a trade deal.

African universities risk being left behind in AI era

Academics and researchers are calling for written policies on use of the tech.

Kenya unrest offers East African rivals an investment opportunity

Rwanda and Tanzania are among the neighboring countries trying to attract investors.

Kenya protests hit businesses, ward off investors

The rising political unrest is already impacting the economy, according to business leaders and investors.
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