Business

GENEVA (AP) — The United Nations’ labor agency is urging governments and businesses to strengthen oversight of artificial intelligence and automation technologies in the...

WASHINGTON — The World Bank Group on Wednesday launched the next phase of its Private Sector Investment Lab, broadening both its membership and its...

BUJUMBURA, Burundi — The Bank of the Republic of Burundi (BRB) is moving ahead with its ambitious plan to fully digitize the country's financial...

BUJUMBURA, Burundi — Burundi's annual inflation rate rose to 40.9% in March 2025, up from 39.7% the previous month, driven largely by sharp increases...

Fund warns of macroeconomic instability, calls for unified exchange rate and tighter monetary policyBUJUMBURA, Burundi The International Monetary Fund (IMF) has called on Burundi...

KAMPALA, Uganda — East African countries are looking to unlock the region’s underutilized leather industry potential, as stakeholders met in Kampala earlier this month...

NAIROBI, Kenya (March 25, 2025) — East Africa's economic growth is expected to increase to 5.7% in 2025, up from 5.1% in 2024, according...

MOMBASA, Kenya (March 21, 2025) — The East African Community (EAC) has taken a significant step toward enhancing cross-border payments with the regional validation...

BUJUMBURA, Burundi ( The Burundian government has set the official price for maize at 1,700 Burundian francs (Fbu) per kilogram for the current production...

The Ministry of Finance, Budget and Economic Development has launched the second phase of its electronic invoicing project, aimed at strengthening tax revenue management...