East Africa

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

East Africa’s banks face the fintech reckoning

Fintechs and mobile money operators are structurally eroding the core business of East African banks, squeezing fee income, deposits, and…

Kenya eyes $1.7bn Turkana oil rail

Kenya is weighing a Sh220 billion extension of its colonial-era metre gauge railway from Nakuru to South Lokichar to ferry…

Kenya and Rwanda open up fintech borders

The Central Bank of Kenya and the National Bank of Rwanda have signed an MoU to create a Licence Passporting…

Kenya builds KRA data vault at Konza

Kenya's Treasury has allocated Sh2 billion ($15.5 million) to build a disaster recovery centre for the Kenya Revenue Authority at…

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.…