East Africa

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

Ethiopia spends billions shielding fuel prices from Gulf war

Ethiopia has sharply expanded fuel subsidies after the US-Israel-Iran conflict closed the Strait of Hormuz and pushed global diesel prices…

Uganda, Tanzania launch $50m Lake Victoria Ro-Pax

Uganda and Tanzania have jointly launched MV New Mwanza, East Africa's largest locally built freshwater Roll-on/Roll-off passenger vessel, built in…

Kenya to cap Uber and Bolt fares by law

Kenya's government is moving to introduce a national taxi pricing model that would force Uber, Bolt, and other ride-hailing platforms…

Ethiopia launches $10,000 ten-year golden visa

Ethiopia's Council of Ministers has approved a 10-year golden investor visa priced at $10,000, doubling the previous maximum residency period…

Egypt opens Africa’s longest monorail line

President Sisi inaugurated the 56.5km East Nile Monorail on March 20, connecting Cairo Stadium in…

Ghana’s lithium problem isn’t geology. It’s people.

Ghana's Ewoyaa lithium project is set to produce 3.6 million tonnes of spodumene concentrate over…

From Alexandra township to running Africa’s biggest bank

Mary Vilakazi grew up in Alexandra township, sold sweets for pocket money, financed her education…

All four SA banks are chasing Kenya

All four of South Africa's biggest banks are targeting Kenya simultaneously. Nedbank is buying NCBA.…