East Africa

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

Kenya’s first private agri-securitisation at $2.1m

Fintech Kaleidofin has completed Kenya's first private-sector agriculture-focused securitisation at $2.1 million, converting smallholder farmer loans into tradeable securities and…

US invites Kenya to lead Africa minerals trade zone

The US has invited Kenya to lead a preferential critical minerals trade zone as East Africa's AI market grows rapidly,…

Safaricom doubles home fibre speeds as rivals enter

Safaricom doubled its entry-level Home Fibre speed from 15 Mbps to 40 Mbps at no extra cost and raised speeds…

Nairobi hosts Africa-France summit as Macron and Ruto co-chair

Kenya hosts the Africa Forward Summit on May 11 and 12, the first time a non-Francophone country has co-chaired France's…

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…