East Africa

East Africa business news covering Kenya, Tanzania, Uganda, Rwanda, Ethiopia, and the EAC. Regional trade, infrastructure corridors, and investment intelligence.

Ethiopia Addis Ababa river park urban green riverside walkway modern city development
AfricaBusiness

Abiy unveils Addis Ababa’s riverside makeover

By
Africaspoint Editorial

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa on June 28, spanning 87.6…

Africa smartphone app mobile digital fintech technology interface modern screen
AfricaBusiness

Safaricom’s OneApp hits 4.7 million users

By
Africaspoint Editorial

Safaricom's unified My OneApp platform reached 4.7 million registered users as of June 29, with 1.3 million daily active users,…

Kenya Nairobi stock exchange capital market trading finance investment NSE banking
AfricaBusiness

Family Bank’s NSE debut surges 44%

By
Africaspoint Editorial

Family Bank listed on the Nairobi Securities Exchange by introduction on June 23, the largest private-sector listing in over 17…

construction infrastructure crane building modern airport terminal Kenya Nairobi JKIA
AfricaBusiness

Kenya awards JKIA rebuild to China

By
Africaspoint Editorial

Kenya signed a Ksh154.2 billion ($1.2 billion) contract with China Road and Bridge Corporation on June 23 to modernise Jomo…

Endeavour Mining gold West Africa $880m EBITDA Assafou Burkina Faso Cote Ivoire 2026Kenya Airways $2 billion turnaround investor debt equity KQ Kamal 2026

Endeavour Mining posts record $880m EBITDA

Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…

Africa GDP 4.2 percent growth fastest economies 2025 2026Africa sovereign wealth funds $164 billion mining minerals EIH FONSIS Guinea Simandou 2026

Africa’s $164bn wealth funds eye mining

Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…

South Africa immigration xenophobia Ramaphosa March deportation crackdown 2026South Africa Infrastructure

South Africa’s fiscal turnaround gathers pace

South Africa's National Treasury reported a primary budget surplus of R86.7 billion (1.1% of GDP)…

A modern glass skyscraper reflecting the cityscape in Porto Alegre, Brazil.
Africa GDP 4.2 percent growth fastest economies 2025 2026Uganda Airlines Boeing 10 aircraft fleet expansion Museveni 2026

AfDB backs Arua airport in Uganda

modern airport terminal aviation hub Africa infrastructure Nairobi Kenya
Africa Finance Corporation AFC $2 billion record syndicated loan infrastructure 2026Hormuz

Kenya revives $1.2bn JKIA expansion

Tanzania East Africa landscape savanna plains blue sky economy development natural
Africa minerals railway DRC Zambia AngolaRwanda

Tanzania self-funds its $24bn budget

Kenya digital infrastructure EU connectivity fiber satellite modern city Nairobi technology
AIKenya

Kenya lands €102m EU digital package

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