East Africa

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

AfricaBusiness

Nairobi tech salaries now rival some European markets

By
Africaspoint Editorial

IN SHORT: For the first time, the total monthly employment cost of a tech product manager in Nairobi, at $2,425,…

AfricaBusiness

Kenya ships first 54 containers to China, targets $4bn deficit

By
Africaspoint Editorial

IN SHORT: Kenya has shipped its first 54 containers to China under the new zero-tariff framework, carrying avocados, coffee, hides,…

A diverse group of professionals engaging in a team-building exercise in an office environment.
AfricaBusiness

Rwanda’s AGUKA creates 128,000 jobs, eyes next phase

By
Africaspoint Editorial

IN SHORT: Rwanda's AGUKA youth enterprise programme has generated 128,000 jobs and $9.3 million in income since 2022, exceeding its…

Fuel train and refinery tanks in Trzebinia, Poland, showcasing industrial energy infrastructure.
AfricaBusiness

Tanzania pitches $12.9bn energy pipeline to US investors

By
Africaspoint Editorial

IN SHORT: Tanzania has pitched a $12.9 billion energy investment package to US investors at the Powering Africa Summit in…

Africa Finance Corporation AFC $2 billion record syndicated loan infrastructure 2026Africa GDP 4.2 percent growth fastest economies 2025 2026

AFC closes record $2bn syndicated loan

Africa Finance Corporation raised a record $2 billion syndicated loan on June 4, upsized from…

Africa clean energy solar power investment boom 2026Cape Town Salt River Market affordable housing Communicare 970 units 2026

Salt River Market transformed into 970 homes

Cape Town's Salt River Market site was formally handed to developer Communicare on June 8…

Admaius Capital Virunga II $500 million Africa private equity IFC 2026Africa GDP 4.2 percent growth fastest economies 2025 2026

Rwanda locks in $250m IMF credit facility

The IMF Executive Board approved Rwanda's $250 million, 38-month Extended Credit Facility on June 9,…

Dangote refinery 700000 barrels day capacity expansion 1.4 million 2026Dangote Refinery IPO

Nigeria’s trade surplus triples to N7.55tn

Nigeria's Q1 2026 merchandise trade surplus surged 341% to N7.55 trillion ($4.1 billion) from N1.71…

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John MbadiKenya Finance Bill 2026

KRA wants VAT on every business in Kenya

Han ZhengKenya China relations

China VP arrives as Kenya-China ties deepen

a view of a city with tall buildings in the background
Africa banking expansionCyril Ramaphosa

All four SA banks are chasing Kenya

A large cruise ship sailing across the open sea under a clear sky, highlighting maritime travel.
Africa TourismKenya Tourism

Kenya tempts cruise tourists inland with 30% park discount

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