East Africa

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

Rwanda shut 15,000 churches. Here is why.

Rwanda has closed more than 15,000 churches since 2018, citing safety failures, unqualified clergy, and financial exploitation. The policy is…

Ethiopia spends billions shielding fuel prices from Gulf war

Ethiopia has sharply expanded fuel subsidies after the US-Israel-Iran conflict closed the Strait of Hormuz and pushed global diesel prices…

Uganda, Tanzania launch $50m Lake Victoria Ro-Pax

Uganda and Tanzania have jointly launched MV New Mwanza, East Africa's largest locally built freshwater Roll-on/Roll-off passenger vessel, built in…

Kenya to cap Uber and Bolt fares by law

Kenya's government is moving to introduce a national taxi pricing model that would force Uber, Bolt, and other ride-hailing platforms…

Airtel Zambia joins the $1bn club

Airtel Networks Zambia Plc crossed US$1 billion in market capitalisation on the Lusaka Securities Exchange…

Spiro bets on batteries, not motorcycles

Spiro co-founder Gagan Gupta told TechCabal that batteries and energy infrastructure, not motorcycles, drive the…

Tanzania self-funds its $24bn budget

Tanzania's Finance Minister Khamis Mussa presented the Tsh62.33 trillion ($24 billion) 2026/27 budget on June…

Cardoso wins Central Bank of the Year

Nigeria's Central Bank was named Central Bank of the Year 2026 at the Central Banking…