East Africa

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

Kenya Nairobi banking finance business district investment growth East Africa
AfricaBusiness

I&M Group breaks Kenya banking record

By
Africaspoint Editorial

I&M Group reported Q1 2026 profit after tax of KSh 5.04 billion ($39 million), up 19.4% year on year and…

AfricaBusiness

Nala raises $50m for stablecoin push

By
Africaspoint Editorial

Tanzanian fintech Nala has secured up to $50 million in credit financing from Liquidity, arranged through Mars Growth Capital, a…

Ethiopia telecommunications mobile technology digital network infrastructure Africa
AfricaBusiness

Ethio Telecom hits Ethiopia’s stock exchange

By
Africaspoint Editorial

Ethio Telecom listed on the Ethiopian Securities Exchange on May 26 under ticker TELE, becoming the first state-owned enterprise and…

Stunning aerial view of the Addis Ababa skyline featuring a prominent skyscraper.
AfricaEthiopia

Ethiopia’s Eurobond talks collapse, bondholders sue

By
Africaspoint Editorial

Ethiopia's Ministry of Finance announced on May 28 that formal Eurobond restructuring talks with private bondholders collapsed after they rejected…

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…

East Africa railway train tracks infrastructure corridor logistics southern Africa
Africa minerals railway DRC Zambia AngolaRwanda

Rwanda and Tanzania greenlight $2.5bn railway

Container ship port harbour cargo maritime shipping global trade
East Africa ports Mombasa Lamu shipping boom 2026Kenya

Mombasa goes green as LNG ship docks

Close-up of vintage beer bottles in a rustic wooden crate from a traditional brewery in Tokyo, Japan.
Asahi EABL Diageo Kenya capital markets CMA takeover 2026Diageo EABL Asahi

Asahi’s $2.3bn EABL deal clears regulators

Equity Group James Mwangi Lobito Corridor Angola Zambia Mozambique 2026Kenya

Equity Bank bets on Lobito Corridor

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