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Business Insider Africa has recently garnered an honorable mention in the prestigious “Best Use of Social Media” (National Brands) category. This recognition places them firmly among the global leaders in platform-native journalism, illuminating their innovative approach to engaging audiences. A crucial part of this success has been the award-winning initiative that transformed the way Business Insider Africa disseminates business news. By embracing TikTok, they've connected with a fresh, vibrant generation of…

Kenya’s administration is on the cusp of securing a hefty $1.5 billion loan from the United Arab Emirates at an 8.2% interest rate, aiming to address the financial shortfall plaguing the East African nation, a source in the know told Reuters. "Kenya is broadening its budget support sources," noted the insider, hinting that "the deal is practically in the bag." The finance ministry and central bank of the UAE didn't immediately respond to requests for a statement. Kenya's Finance Minister John Mbadi and top ministry…