East Africa
East Africa business news covering Kenya, Tanzania, Uganda, Rwanda, Ethiopia, and the EAC. Regional trade, infrastructure corridors, and investment intelligence.
Rwanda locks in $250m IMF credit facility
The IMF Executive Board approved Rwanda's $250 million, 38-month Extended Credit Facility on June 9, with an immediate $35.7 million…
Berbera’s rise reshapes East Africa trade
Berbera Port in Somaliland has expanded to 500,000 TEUs annually and is positioning itself as a major trade gateway for…
Ruto wins Sh20.7bn EU digital deal
President Ruto secured Sh20.7 billion ($160 million) in EU digital investments during his Brussels visit on June 8: Sh15.3 billion…
Six pacts as Ruto visits Pretoria
President Ruto's June 4 state visit to South Africa yielded six bilateral agreements covering trade facilitation, skills development and maritime…
Newsletter
Endeavour Mining posts record $880m EBITDA
Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…
Africa’s $164bn wealth funds eye mining
Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…
Abiy unveils Addis Ababa’s riverside makeover
Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…
EU’s steel tariff hits South Africa
The EU's new steel import framework took effect July 1, imposing annual quotas with a…