East Africa

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

A large jetliner sitting on top of an airport runway
AfricaBusiness

Ethiopian Airlines confirmed a global competitor

By
Africaspoint Editorial

US Ambassador to Ethiopia Ervin Massinga declared on May 26 that Ethiopian Airlines is no longer simply a regional carrier…

Africa central Congo DRC urban city development finance banking infrastructure
AfricaBusiness

Equity’s Congo goldmine: 58% profit surge

By
Africaspoint Editorial

Equity Group CEO James Mwangi confirmed plans to establish two insurance businesses in the DRC as Equity BCDC posted a…

Nairobi Kenya bank finance building skyscraper modern city tower
AfricaBusiness

Absa Kenya smashes Q1 profit record

By
Africaspoint Editorial

Absa Bank Kenya posted Q1 2026 profit after tax of KSh 5.3 billion ($41 million), with a 20.3% return on…

Nairobi Kenya finance banking office tower city business district
AfricaBusiness

Standard Chartered Kenya profit falls 26%

By
Africaspoint Editorial

Standard Chartered Bank Kenya posted Q1 2026 profit after tax of KSh 3.58 billion, down 26.3% year on year, as…

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 startup funding $1 billion H1 2026 venture capitalAfrica tech ecosystem energy logistics fintech investment 2026

Nala raises $50m for stablecoin push

Ethiopia telecommunications mobile technology digital network infrastructure Africa
Africa GDP 4.2 percent growth fastest economies 2025 2026Ethio Telecom ESX Ethiopian Securities Exchange TELE IPO 2026

Ethio Telecom hits Ethiopia’s stock exchange

Stunning aerial view of the Addis Ababa skyline featuring a prominent skyscraper.
Africa GDP 4.2 percent growth fastest economies 2025 2026Ethiopia

Ethiopia’s Eurobond talks collapse, bondholders sue

A yellow industrial train at a cement factory track in Saudi Arabia under a clear blue sky.
East Africa $20 billion infrastructure six economies 2026East Africa ports Mombasa Lamu shipping boom 2026

East Africa unleashes $20bn infrastructure drive

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