East Africa
-
Kenya to Borrow $1.5 Billion in New Debt While Buying Back $900 Million
Kenya is returning to the international markets with a plan to borrow Ksh.193.5 billion ($1.5 billion) through a new bond…
Read More » -
Uganda to Build First Climate-Resilient Market at Elegu with EU and Denmark Support
Uganda is set to construct its first climate-resilient market in Elegu, a border town crucial for trade between Uganda and…
Read More » -
Somalia leaps towards digital transformation through QR-based payments brought by BPC
Somalia, historically characterised by a predominantly cash-based economy, has recently made significant developments toward digital financial inclusion. The country’s financial…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More »
