East Africa
East Africa business news covering Kenya, Tanzania, Uganda, Rwanda, Ethiopia, and the EAC. Regional trade, infrastructure corridors, and investment intelligence.
Kenya sells 30-year bond for first time in 19 months
Kenya's CBK is auctioning a new 30-year Treasury bond on April 15 at 12.50% coupon, the first fresh long-tenor issuance…
Ethiopia seals $13.1bn at investment forum
Ethiopia secured $13.1 billion in investment agreements at its 2026 Invest in Ethiopia forum, led by partners from China, India,…
Zenith Bank enters East Africa via Kenya acquisition
Nigeria's Zenith Bank completed the acquisition of Paramount Bank Kenya on April 7, becoming the fourth Nigerian lender in Kenya…
Kenya sells $1.6bn Safaricom stake to Vodacom
Kenya's parliament approved a $1.6bn sale of a 15% Safaricom stake to South Africa's Vodacom, raising Vodacom's control to 55%…
Newsletter
Endeavour Mining posts record $880m EBITDA
Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…
Africa’s $164bn wealth funds eye mining
Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…
Abiy unveils Addis Ababa’s riverside makeover
Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…
EU’s steel tariff hits South Africa
The EU's new steel import framework took effect July 1, imposing annual quotas with a…