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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...
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