East Africa

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

US invites Kenya to lead Africa minerals trade zone

The US has invited Kenya to lead a preferential critical minerals trade zone as East Africa's AI market grows rapidly,…

Safaricom doubles home fibre speeds as rivals enter

Safaricom doubled its entry-level Home Fibre speed from 15 Mbps to 40 Mbps at no extra cost and raised speeds…

Nairobi hosts Africa-France summit as Macron and Ruto co-chair

Kenya hosts the Africa Forward Summit on May 11 and 12, the first time a non-Francophone country has co-chaired France's…

Somalia prepares first offshore oil drill in historic first

Somalia is preparing to launch its first offshore oil drilling operations, tapping into Indian Ocean reserves estimated to hold billions…

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…