East Africa

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

Kenya GDP grew 4.6% in 2025 on green energy and construction

Kenya's real GDP grew 4.6% in 2025 as construction rebounded 6.8%, mining surged 14.9%, accommodation and food services grew 15.6%,…

Africa Forward Summit opens with 40-deal target

Kenya's Foreign Affairs PS Abraham Sing'Oei said the Africa Forward Summit opening tomorrow is expected to conclude up to 40…

Somalia’s Hormuud finances 100,000 smartphones for poor

Somalia's Hormuud Telecom is financing 100,000 smartphones for low-income subscribers through deposit and instalment payments via its EVC Plus mobile…

Kenya’s first private agri-securitisation at $2.1m

Fintech Kaleidofin has completed Kenya's first private-sector agriculture-focused securitisation at $2.1 million, converting smallholder farmer loans into tradeable securities and…

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…

Dangote picks Mombasa for $17bn East Africa refinery

Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…