East Africa

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

AfricaBusiness

Museveni: Uganda will hit 50,000MW

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Africaspoint Editorial

Museveni's June 4 State of the Nation Address set a target for Uganda to expand electricity generation to 50,000 megawatts,…

View of Addis Ababa's bustling streets and modern architecture on a rainy day.
AfricaEthiopia

Ethiopia clears IMF review, unlocks $468m

By
Africaspoint Editorial

The IMF reached a staff-level agreement on Ethiopia's fifth ECF review on June 3, paving the way for a $468…

Electric motorcycle EV battery swap station urban Africa charging clean energy
AfricaBusiness

Ethiopia lures Kenya’s EV makers north

By
Africaspoint Editorial

Ethiopia's target for EVs to represent 80% of new vehicle registrations by 2030 is drawing Kenya's top electric mobility companies…

AfricaBusiness

Tanzania finally breaks its Moscow silence

By
Africaspoint Editorial

Tanzania's President Samia Suluhu Hassan arrived in Moscow on June 2 for a three-day state visit, becoming the first Tanzanian…

Angola GDP growth 5.3 percent non-oil diversification Q1 2026Dangote Refinery IPO

US-Iran truce sends oil crashing

A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…

Africa startup funding May 2026 $259 million Bima NALA LemFi fintech reboundAI

MTN’s MoMo is going super app

MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…

Africa GDP 4.2 percent growth fastest economies 2025 2026Uganda Airlines Boeing 10 aircraft fleet expansion Museveni 2026

AfDB backs Arua airport in Uganda

The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…

South Africa immigration xenophobia Ramaphosa March deportation crackdown 2026South Africa Infrastructure

South Africa braces for June 30

South Africa's police service has activated joint operations in all nine provinces at a projected…

Africa central Congo DRC urban city development finance banking infrastructure
Equity Group DRC Congo insurance profit 58 percent Mwangi BCDC 2026Equity Group James Mwangi Lobito Corridor Angola Zambia Mozambique 2026

Equity’s Congo goldmine: 58% profit surge

Nairobi Kenya bank finance building skyscraper modern city tower
Absa Bank Kenya Q1 2026 profit record KSh 5.3 billion resultsI&M Group Kenya bank profit record KSh 5 billion Q1 2026

Absa Kenya smashes Q1 profit record

Nairobi Kenya finance banking office tower city business district
I&M Group Kenya bank profit record KSh 5 billion Q1 2026Kenya

Standard Chartered Kenya profit falls 26%

Kenya Nairobi banking finance business district investment growth East Africa
Equity Group James Mwangi Lobito Corridor Angola Zambia Mozambique 2026I&M Group Kenya bank profit record KSh 5 billion Q1 2026

I&M Group breaks Kenya banking record

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