East Africa

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

Africa CEO Forum opens in Kigali: scale or fail

The 13th Africa CEO Forum opened in Kigali on May 14 with 2,800 delegates, six heads of state and the…

Safaricom smashes records with KSh80bn dividend

Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a record KSh80.13 billion dividend, the…

Dangote eyes $17bn Mombasa refinery

Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for a proposed $15-17 billion East…

Macron pledges $27bn at Africa summit

The Africa Forward Summit closed in Nairobi with the adoption of an 11-point Nairobi Declaration and a $27 billion investment…

South Africa’s June 30 shutdown arrives

Anti-immigration protesters marched across South Africa's major cities on June 30, the deadline set by…

US-Iran truce sends oil crashing

A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…

MTN’s MoMo is going super app

MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…

AfDB backs Arua airport in Uganda

The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…