Eric Ombok
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For Multinationals, Africa’s Allure Is Fading
After decades of optimism about the region, global giants such as Bayer, Nestlé and Unilever are cutting back.
- Monday May 6, 2024
- Author: Janice Kew, David Herbling, Eric Ombok, Antony Sguazzin
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For Multinationals, Africa’s Allure Is Fading
After decades of optimism about the region, global giants such as Bayer, Nestlé and Unilever are cutting back.
- Monday May 6, 2024
- Author: Janice Kew, David Herbling, Eric Ombok, Antony Sguazzin
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Airbus’s High-Altitude Aircraft Looks To Challenge Musk’s SpaceX
An Airbus SE unit developing high altitude, solar powered drones that offer communications services said it plans to build its first hub in Kenya as it looks to begin commercial operations.
- Friday December 1, 2023
- Author: Eric Ombok, Siddharth Philip
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Airbus’s High-Altitude Aircraft Looks To Challenge Musk’s SpaceX
An Airbus SE unit developing high altitude, solar powered drones that offer communications services said it plans to build its first hub in Kenya as it looks to begin commercial operations.
- Friday December 1, 2023
- Author: Eric Ombok, Siddharth Philip
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African Exports Seen Doubling On Asian Shipments, StanChart Says
Africa’s annual exports are expected to double to $540 billion by 2030 from a decade earlier, chiefly on shipments from Nigeria to India, Indonesia and China.
- Thursday October 13, 2022
- Author: Eric Ombok, Bella Genga
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Britannia, India’s Biggest Biscuit Maker, Expands In Africa With Kenya Deal
Britannia Industries has teamed up with Nairobi-based Kenafric Industries to purchase Catalyst Capital-backed Britania Foods in Kenya in a $20-million deal.
- Thursday October 6, 2022
- Author: Eric Ombok
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Britannia, India’s Biggest Biscuit Maker, Expands In Africa With Kenya Deal
Britannia Industries has teamed up with Nairobi-based Kenafric Industries to purchase Catalyst Capital-backed Britania Foods in Kenya in a $20-million deal.
- Thursday October 6, 2022
- Author: Eric Ombok
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Kenya Shilling Weakens To Record Against Dollar On Elections Eve
Kenya’s shilling slid to a record low against the dollar, widening its fall since the start of the year to 5.7%.
- Monday August 8, 2022
- Author: Eric Ombok
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Ruto Remains Front-runner in Kenya’s Election Race, Poll Shows
Ruto Remains Front-runner in Kenya’s Election Race, Poll Shows
- Thursday May 5, 2022
- Author: Eric Ombok
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Kenyan Bank Lobby Blames Dollar Shortage on Post-Pandemic Demand
Kenyan Bank Lobby Blames Dollar Shortage on Post-Pandemic Demand
- Wednesday April 27, 2022
- Author: Eric Ombok
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SPACs Draw Kenya’s Interest Just as Industry Goes Cold in U.S.
SPACs Draw Kenya’s Interest Just as Industry Goes Cold in U.S.
- Tuesday April 26, 2022
- Author: Eric Ombok
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Kenyan Mobile Money Gets Boost in Shift to Seamless Payments
Kenyan Mobile Money Gets Boost in Shift to Seamless Payments
- Friday April 8, 2022
- Author: Eric Ombok
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Kenya Shilling Buckles Under Pressure for 10th Consecutive Month
Kenya Shilling Buckles Under Pressure for 10th Consecutive Month
- Friday April 1, 2022
- Author: Eric Ombok
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Kenya Airways Plans Fuel Hedges After Prices Stabilize
Kenya Airways Returns to Fuel Hedges to Drive Costs Lower
- Thursday March 31, 2022
- Author: Eric Ombok
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IFC, FMO-Backed Fund Seeks $200 Million for East Africa Ventures
IFC, FMO-Backed Fund Seeks $200 Million for East Africa Ventures
- Monday March 28, 2022
- Author: Eric Ombok