East Africa

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

Ethiopia seals $13.1bn at investment forum

Ethiopia secured $13.1 billion in investment agreements at its 2026 Invest in Ethiopia forum, led by partners from China, India,…

Zenith Bank enters East Africa via Kenya acquisition

Nigeria's Zenith Bank completed the acquisition of Paramount Bank Kenya on April 7, becoming the fourth Nigerian lender in Kenya…

Kenya sells $1.6bn Safaricom stake to Vodacom

Kenya's parliament approved a $1.6bn sale of a 15% Safaricom stake to South Africa's Vodacom, raising Vodacom's control to 55%…

Diageo’s $2.3bn EABL sale clears Kenya court

A Kenyan court cleared Diageo's $2.3bn sale of East African Breweries to Japan's Asahi Group on April 10, dismissing a…