Pressdia Ad

East Africa

Rwanda Plans Up to $6 Billion Investment in Nuclear Power as Kagame Targets High-Income Economy by 2050

Rwanda is preparing to invest between $5 billion and $6 billion in nuclear power as part of a long-term strategy to secure reliable electricity...

Kenya, Rwanda Central Banks Launch Cross-Border Payment Access for Fintechs

The Central Bank of Kenya and the National Bank of Rwanda have signed a new agreement to enable cross-border payment access for fintech companies...

KCB Group Posts 11% Rise in 2025 Profit on Strong Interest Income

Kenya’s leading lender KCB Group reported an 11 percent increase in net profit for 2025, driven by strong growth in interest income and expansion...

British Miner Uncovers Graphite Deposit in Uganda Amid US–China EV Battery Minerals Race

Blencowe Resources, a British mining firm, has discovered a significant graphite deposit at its Orom‑Cross project in Uganda, highlighting the country’s growing role in...

Kenya to Channel Pipeline IPO Proceeds Into Expansion of Main Airport

The government of Kenya plans to allocate part of the proceeds from the initial public offering of Kenya Pipeline Company to support the expansion...

Rwanda Earns $161.5 Million from Foreign Visitor Travel Services

Rwanda generated about $161.5 million in revenue from travel services purchased by foreign visitors between November 2025 and January 2026, reflecting continued growth in...

Five African Women Defining Impact and Influence This Week

Across the continent, African women continue to shape national and global conversations with vision, courage, and measurable impact. This week, we highlight five extraordinary...

Kenya Pipeline IPO Oversubscribed at 105.7 Percent, Finance Minister Says

The initial public offering of Kenya Pipeline Company was oversubscribed by 105.7 percent, reflecting strong investor demand for the state-owned energy infrastructure firm, Kenya’s...

Kenya Floats Tender for New Airport to Relieve JKIA Capacity Pressure

Kenya has issued a tender for the construction of a new airport facility adjacent to Jomo Kenyatta International Airport (JKIA) as part of efforts...

Uganda’s Central Bank to Launch Domestic Gold-Buying Programme This Month

Uganda will begin purchasing gold from domestic producers this month under a new reserves diversification strategy, as highlighted by MarketScreener. The initiative marks the...

Mafi Mafi — Contemporary African Fashion

Mafi Mafi is a dynamic African fashion brand known for its bold designs, vibrant colors, and modern aesthetic. The label specializes in clothing and...
Pressdia Ad

Popular Articles

OPay Withdraws $304 Million New York IPO Hours After Pricing, Citing Regulatory Inquiry

Chinese billionaire Yahui Zhou’s Nigeria-focused fintech, OPay, has withdrawn...

Top 10 Nigeria’s Most Respected Public Figures and Statesmen in 2026

Nigeria’s most respected public figures are often distinguished not...

Cristiano Ronaldo Beats Lionel Messi to Win Inaugural Ballon d’Or of All Time Honour

Portuguese football superstar Cristiano Ronaldo has beaten longtime rival...

DisCos Fail to Recover ₦202 Billion in Power Bills Within Three Months

Nigeria’s electricity distribution companies (DisCos) are grappling with deepening...