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East Africa

Tanzania Weighs Eurobond to Meet $1 Billion External Borrowing Target

Tanzania is considering issuing its first Eurobond as part...

Ethio Telecom Earnings Jump 47.5% to 92.9 Billion Birr on Subscriber Growth

Ethio Telecom, Ethiopia’s state-owned telecommunications operator, has reported a...

Luxury Watches Overtake Classic Cars as Preferred Investment Among Kenya’s Wealthy

Luxury watches have emerged as the preferred collectible investment...

Kenya’s Emmanuel Wanyonyi Shatters 1,000m World Record in Monaco

Kenya’s Emmanuel Wanyonyi delivered a historic performance at the...

Kenya’s Central Bank Schedules Next Rate Decision Meeting for August 12

The Central Bank of Kenya (CBK) has confirmed that its next Monetary Policy Committee (MPC) meeting will take place on Tuesday, August 12, 2025....

Judy Kihumba: Restoring Voice and Dignity to Deaf Mothers in Kenya

In Kenya, where public health systems often overlook the needs of people living with disabilities, one woman is rewriting the script, one conversation, one...

Kenya’s Economy Expands by 4.9% in Q1 2025

Kenya’s gross domestic product (GDP) expanded by 4.9% in the first quarter of 2025, maintaining the same growth rate recorded during the corresponding period...

Ethiopia Opens Banking Sector to Foreign Investment After 50-Year Ban

In a landmark policy shift, Ethiopia has officially announced it will allow foreign banks to operate within its borders, marking the first time in...

East and Southern Africa Shine at 2025 World Travel Awards in Dar es Salaam

Tanzania, Kenya, and South Africa emerged as standout winners at the 2025 World Travel Awards (WTA) Africa edition, held in Dar es Salaam, reaffirming...

Ethiopia to Begin Trading Under AfCFTA on July 1 Amid Ongoing Foreign Exchange Pressures

Ethiopia will officially commence trading under the African Continental Free Trade Area (AfCFTA) on July 1, 2025, in a significant step toward deepening its...

Hemingways Hospitality Expands into Rwanda with Acquisition of Heaven Holdings

Hemingways Hospitality, a leading luxury hospitality group based in Nairobi, has officially entered the Rwandan market with the acquisition of Heaven Holdings, a respected...

Tanzania’s New Transmission Line Positions Country as Regional Energy Hub

Tanzania is emerging as a key player in regional electricity trade following the completion of the Iringa–Shinyanga transmission line, a major infrastructure project backed...

Kenya’s Equity Market Rallies 5.2% as Foreign Investor Activity Rebounds

Kenya’s equity market experienced a notable rally during the week ending February 17, 2025, with the Nairobi All Share Index (NASI) climbing 5.2%, driven...
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