Foreign direct investment (FDI) flows to Africa fell sharply by 42% year-on-year, reaching just $28 billion in the first half of 2025, according to the latest Global Investment Trends Monitor released on October 31 by UN Trade and Development. This is the steepest regional decline globally, underscoring the continent’s vulnerability to macroeconomic shocks and investor caution. “Investor caution is deepening. Tariff escalation and ongoing geopolitical tensions have heightened uncertainty, leading to a widespread wait-and-see attitude across many sectors,” the report noted. Regional Breakdown: North Africa vs Sub-Saharan Africa Region FDI Inflows (H1 2024) FDI Inflows (H1 2025) Change (%) Africa…
Author: David Indeje
David Indeje
David Indeje serves as the community engagement editor at Khusoko, a digital platform covering East African business news. He manages editorial content, engages audiences, and amplifies diverse voices while consulting on digital strategy for brands in agriculture, governance, technology, and health. Indeje explores AI’s impact on journalism and works as a communications officer at KICTANet.
Safaricom PLC hosted the Safaricom Cybersecurity Summit 2025 at the Mövenpick Hotel, Nairobi, under the theme “Powering Progress. Securing Growth.” The forum convened business leaders, government officials, regulators, and technology experts to explore how Kenya can strengthen its defences against a rising tide of cyber threats. The summit came at a critical moment. In Q1 2025 alone, the National KE-CIRT/CC detected over 2.5 billion cyber threat events, including phishing scams, ransomware, and large-scale system disruptions targeting finance, healthcare, energy, and government services. “Cybercrime is a challenge no single institution can solve alone,” said Safaricom CEO Peter Ndegwa. “As more Kenyans…
Tusker Oktobafest, East Africa’s premier beer and culture festival, wrapped up its nationwide tour with a spectacular grand finale at Attela Beach Resort in Kisumu. Thousands of revellers turned out for an electrifying night of music, beer, and cultural celebration, marking the final stop of the 2025 Lake Edition. Music, Beer, and Culture Collide at the Lakeside The scenic Attela Beach Resort was transformed into a vibrant festival ground, hosting an all-star entertainment lineup. Kenyan hitmakers Bensoul, Fathermoh, and Harry Craze lit up the stage with live performances, while top DJs — Gordo, Ves, Daffy, and Dimore—kept the energy soaring…
Unpaid domestic and care work in Kenya is a silent economic engine, essential, undervalued, and overwhelmingly performed by women. According to the 2025 Household Satellite Account by the Kenya National Bureau of Statistics (KNBS), this labour was worth KSh 2.24 trillion in 2021, equivalent to 23.1% of the country’s GDP. “Measuring unpaid work is crucial for gender equality,” says Macdonald Obudho, Director General of KNBS. The Gendered Burden of Unpaid Work Women contributed 80% of the 30.7 billion hours of unpaid labour nationwide. They performed over five times more food preparation work than men, with the activity valued at KSh…
Spiro, Africa’s leading electric two-wheel mobility company, has announced a landmark $100 million investment round, the largest-ever single funding in the continent’s electric motorcycle sector. The round includes a $75 million commitment from The Fund for Export Development in Africa (FEDA), the impact investment arm of Afreximbank, and an additional $25 million from an undisclosed venture capital investor. Scaling Battery-Swapping Infrastructure Across Africa The capital injection will fuel Spiro’s expansion of its battery-swapping network and electric motorcycle fleet across Africa. CEO Kaushik Burman emphasised the market’s readiness for sustainable transport: “Africa is at an inflection point in personal mobility,” Burman…
As Safaricom marks 25 years of transforming lives, the M-PESA Foundation has launched a bold new education initiative—Citizens of the Future—to reimagine learning, empower educators, and equip over 10,000 students with the skills to thrive in a digital-first world. With a KES 30 billion investment over five years, the program aims to: Upgrade infrastructure in 600+ learning institutions Enhance ICT skilling for teachers Award 10,000 scholarships to senior secondary and tertiary students Build inclusive, tech-enabled “Schools of the Future” “We have developed education interventions that seek to bridge the gap through innovation and material support,” said Peter Ndegwa, CEO of…