East Africa

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

BusinessEast Africa

Diageo’s $2.3bn EABL sale clears Kenya court

By
Africaspoint Editorial

A Kenyan court cleared Diageo's $2.3bn sale of East African Breweries to Japan's Asahi Group on April 10, dismissing a…

AfricaFinance

Kenya halts rate cuts at 8.75% on oil price risk

By
Africaspoint Editorial

Kenya's CBK paused its rate-cutting cycle at 8.75% after 10 consecutive cuts, citing oil price risks from the Iran war,…

AfricaBusiness

Vodacom takes control of Safaricom in $1.6bn deal

By
Africaspoint Editorial

Kenya's parliament approved Vodacom's $1.6bn purchase of the government's 15% Safaricom stake, giving South Africa's Vodacom 55% majority control of…

a red, white and blue flag flying in the wind
East AfricaKenya

Thailand seals $4.6m in Nairobi tech deals

By
Africaspoint Editorial

Thailand sealed $4.6 million in tech deals on day one of a Nairobi business matching event, with 73 Kenyan firms…

Endeavour Mining gold West Africa $880m EBITDA Assafou Burkina Faso Cote Ivoire 2026Kenya Airways $2 billion turnaround investor debt equity KQ Kamal 2026

Endeavour Mining posts record $880m EBITDA

Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…

Africa GDP 4.2 percent growth fastest economies 2025 2026Africa sovereign wealth funds $164 billion mining minerals EIH FONSIS Guinea Simandou 2026

Africa’s $164bn wealth funds eye mining

Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…

Africa GDP 4.2 percent growth fastest economies 2025 2026Ethiopia Addis Ababa Entoto Kebena riverside Beautifying Sheger Abiy urban 2026

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…

whatsapp, icon, app, whatsapp, whatsapp, whatsapp, whatsapp, whatsapp
CBN Nigeria reformsKenya digital tax 2026

KRA puts 22 million Kenyans on WhatsApp tax

a large industrial area with a body of water in front of it
Kenya energy securityKenya fuel corruption 2026

Kenya chiefs arrested in Ksh4bn fuel fraud

kenyan tea, purple tea, kenya, africa, kenyan tea, kenyan tea, kenyan tea, kenyan tea, kenyan tea, purple tea, kenya
Kenya tea exportsKTDA Kenya

Kenya tea breaks Sh219bn in export surge

body of water near buildings at daytime
Samia Suluhu HassanTanzania FDI 2026

Tanzania attracts $1.12bn in Q1 as China leads

Show More