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…

Endeavour Mining gold West Africa $880m EBITDA Assafou Burkina Faso Cote Ivoire 2026Kenya Airways $2 billion turnaround investor debt equity KQ Kamal 2026

Endeavour Mining posts record $880m EBITDA

Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…

Africa GDP 4.2 percent growth fastest economies 2025 2026Africa sovereign wealth funds $164 billion mining minerals EIH FONSIS Guinea Simandou 2026

Africa’s $164bn wealth funds eye mining

Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…

Africa GDP 4.2 percent growth fastest economies 2025 2026Ethiopia Addis Ababa Entoto Kebena riverside Beautifying Sheger Abiy urban 2026

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…

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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