East Africa

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

Ethiopia launches $10,000 ten-year golden visa

Ethiopia's Council of Ministers has approved a 10-year golden investor visa priced at $10,000, doubling the previous maximum residency period…

East Africa’s banks face the fintech reckoning

Fintechs and mobile money operators are structurally eroding the core business of East African banks, squeezing fee income, deposits, and…

Kenya eyes $1.7bn Turkana oil rail

Kenya is weighing a Sh220 billion extension of its colonial-era metre gauge railway from Nakuru to South Lokichar to ferry…

Kenya and Rwanda open up fintech borders

The Central Bank of Kenya and the National Bank of Rwanda have signed an MoU to create a Licence Passporting…

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…