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…

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…

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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