Economics

Money sent home by migrants rarely makes front-page economic headlines. Yet for millions of families across Africa, these quiet transfers—often sent in modest monthly installments—are the difference between subsistence and stability. According to the World Bank, remittances include both personal transfers and compensation of employees working abroad. In economic terms, they represent one of the most direct and personal forms of globalization: wages earned in London, Dubai,

War is expensive, dominated by fighter jets, tanks, and missiles worth millions. Today, a new weapon is rewriting the battlefield’s cost equation: the low-cost attack drone. Iran’s Shahed-136 drones have emerged as one of the defining weapons of modern conflicts—from the skies over Ukraine to the increasingly tense corridors of the Middle East. In the latest escalation following U.S. and Israeli operations in late February, Tehran launched hundreds of missiles and drones acro

In 2023, roughly 66.9 million chickens were slaughtered for meat in Kenya. That single figure is not just large; it is five times higher than all other animals combined—goats, sheep, cattle, and pigs together barely reach a fifth of poultry’s tally. If meat were a parliamentary vote, chicken would have already passed the bill, amended it, and adjourned for lunch.

In the early 2010s, public debt across East Africa looked manageable—uneven, yes, but largely contained. A decade later, the picture is markedly different. Government balance sheets have expanded, fiscal buffers have thinned, and debt has become a central constraint on policy across much of the region.

East Africa’s 2026 growth outlook paints a picture that is both electrifying and deceptive. At first glance, the region is awash with green—strong real GDP growth across most countries. But beneath the surface, the data tells a more complex story about resource-driven surges, structural momentum, and the limits of growth rates as a measure of economic power.

📈Kenya’s Long Climb

Africa is no stranger to wealth, but the distribution of high-net-worth individuals (HNWIs) across the continent is as uneven as its rainfall. Some countries have built deep pockets, others are still reaching for loose change. The new African wealth report reveals where millionaires and centi-millionaires (those with $100m+) call home—and it tells a story of economic concentration, legacy industries, and a dash of inequality.

Debt has always worn a suit of irony—designed to bring growth, it often ends up choking the very system it sought to elevate. Kenya, like several of its African peers, now finds itself not merely servicing debt, but practically hosting it as the guest of honour at the fiscal dinner table. A recent UNCTAD report has put it plainly: Africa’s most vulnerable economies are not just paying interest—they’re bleeding revenue into it.