East Africa
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UN Security Council Considers British-Drafted Resolution for War-Torn Sudan
The United Nations Security Council is debating a British-proposed resolution demanding an immediate ceasefire in Sudan, urging warring factions to…
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Kenya’s Other Major Airports Join JKIA in Anti-Adani Takeover Deal
Kenya’s main international airport in Nairobi was plunged into chaos overnight as its staff went on strike at midnight Wednesday…
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Bank of Uganda Cuts Interest Rate for First Time in a Year
Uganda’s central bank cut its benchmark interest rate for the first time in a year after revising its inflation forecasts…
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Dubai Firm to Acquire 60% in Uganda’s Telecom Operator, Utel
Uganda expects Rowad Capital Commercial LLC to invest an initial $225 million in its state-run telecommunications operator and take up…
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Adani Acquires 95% Stake in Tanzania Container Terminal for $39.5 Million
Adani Ports and Special Economic Zone Ltd. (APSEZ) has entered into a joint venture with Hutchison Port Holdings Ltd. to…
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New UK PM Says Rwanda Deportation Plan is ‘Dead and Buried’
British Prime Minister Keir Starmer said Saturday that he is scrapping a controversial Conservative policy to deport asylum-seekers to Rwanda…
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UK’s BII Signs $15 Million Energy Investment Deal With Tanzania
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, today signed an agreement to provide $15m…
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Kigali to House Pan-Africa Youth Bank in Deal with AfDB
The African Development Bank (AfDB) and the Government of Rwanda have announced plans to establish a Pan-African Youth Bank in…
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Suluhu Returns Home With $2.5 Billion in Investment from South Korea
The South Korean government has pledged an investment worth $2.5 billion for Tanzania in a deal which was signed by…
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Kenyans Likely to Flock Uganda for Alcohol Over Kenya’s Finance Bill 2024
Kenyans residing in Namanga and Busia are most likely to cross into Uganda and Tanzania in search of more affordable…
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