East Africa

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

AfricaFinance

Kenya halts rate cuts at 8.75% on oil price risk

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Africaspoint Editorial

Kenya's CBK paused its rate-cutting cycle at 8.75% after 10 consecutive cuts, citing oil price risks from the Iran war,…

AfricaBusiness

Vodacom takes control of Safaricom in $1.6bn deal

By
Africaspoint Editorial

Kenya's parliament approved Vodacom's $1.6bn purchase of the government's 15% Safaricom stake, giving South Africa's Vodacom 55% majority control of…

a red, white and blue flag flying in the wind
East AfricaKenya

Thailand seals $4.6m in Nairobi tech deals

By
Africaspoint Editorial

Thailand sealed $4.6 million in tech deals on day one of a Nairobi business matching event, with 73 Kenyan firms…

a row of gas pumps filled with gas
East AfricaGeopolitics

Rwanda fuel demand spikes 40% on war stockpiling

By
Africaspoint Editorial

Rwanda's fuel demand surged nearly 40% in April as Strait of Hormuz fears triggered stockpiling across East Africa, exposing the…

Africa fintech unicorn public listing 2026Africa startup funding Q1 2026

Airtel Africa profit triples to $813m as data beats voice

Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…

Africa fintech unicorn public listing 2026Africa telecom infrastructure consolidation

Safaricom FY2026: record KSh80bn dividend, profit up 67%

Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…

Enoch Godongwana Treasury fiscal policySouth Africa energy transition load shedding end

South Africa unemployment hits 32.7% as 345,000 jobs lost

South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025…

Dangote Mombasa refinery Kenya East Africa 2026Dangote Refinery IPO 2026

Dangote picks Mombasa for $17bn East Africa refinery

Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…

kenyan tea, purple tea, kenya, africa, kenyan tea, kenyan tea, kenyan tea, kenyan tea, kenyan tea, purple tea, kenya
Kenya tea exportsKTDA Kenya

Kenya tea breaks Sh219bn in export surge

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Samia Suluhu HassanTanzania FDI 2026

Tanzania attracts $1.12bn in Q1 as China leads

Coca-Cola bottle
Coca-Cola KenyaEPRA Kenya

Coca-Cola cuts the grid with 4MW solar in Kenya

Ethiopian national flag elegantly swaying on a flagpole against a clear blue sky in Addis Ababa.
Ethiopia green energyEthiopia Investment Commission

Ethiopia seals $13bn in deals at one forum

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