East Africa
East Africa business news covering Kenya, Tanzania, Uganda, Rwanda, Ethiopia, and the EAC. Regional trade, infrastructure corridors, and investment intelligence.
Tanzania’s $15bn FDI gap is a readiness problem
Tanzania targets $15 billion in annual FDI and 6.3 percent GDP growth in 2026 but the gap between macroeconomic ambition…
M-Pesa customers can now tap to pay
Vodacom Tanzania has launched Africa's first mobile-money tap-to-pay feature through M-Pesa, built on Paymentology's technology and Visa's network. M-Pesa customers…
Uganda freezes civil society accounts again
Uganda's FIA has frozen the bank accounts of several NGOs including Chapter Four Uganda and the Centre for Constitutional Governance,…
Italy backs Koysha dam and Bishoftu airport
Italy has pledged financing for Ethiopia's $2.7 billion Koysha hydropower project and selected components of the $12.7 billion Bishoftu Airport…
Newsletter
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…
Safaricom FY2026: record KSh80bn dividend, profit up 67%
Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…
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 picks Mombasa for $17bn East Africa refinery
Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…