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%…

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…