East Africa
East Africa business news covering Kenya, Tanzania, Uganda, Rwanda, Ethiopia, and the EAC. Regional trade, infrastructure corridors, and investment intelligence.
East Africa unleashes $20bn infrastructure drive
East Africa's six major economies are executing a coordinated $20 billion infrastructure push across transport, energy, ports and digital networks…
Rwanda and Tanzania greenlight $2.5bn railway
Rwanda and Tanzania agreed on May 3 to advance the $2.5 billion Isaka-Kigali Standard Gauge Railway, a 422-kilometre electrified line…
Mombasa goes green as LNG ship docks
The LNG-powered CMA CGM Adventure made its maiden call at Mombasa on May 25, the first LNG-fuelled vessel ever to…
Asahi’s $2.3bn EABL deal clears regulators
Capital markets regulators in Kenya, Tanzania and Uganda granted Japan's Asahi Group Holdings exemptions from mandatory takeover offer requirements on…
Newsletter
Endeavour Mining posts record $880m EBITDA
Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…
Africa’s $164bn wealth funds eye mining
Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…
Abiy unveils Addis Ababa’s riverside makeover
Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…
EU’s steel tariff hits South Africa
The EU's new steel import framework took effect July 1, imposing annual quotas with a…