East Africa
-
List of Institutions Sanctioned By UK For Funding Sudan War
A year after the outbreak of conflict in Sudan, the UK has imposed new sanctions on businesses linked with financing…
Read More » -
UK Pledges £100 Million in Support for Vulnerable Ethiopians
The UK has announced life-saving assistance for hundreds of thousands of Ethiopians at a pledging event at the United Nations…
Read More » -
Paris Conference Raises Over €2 Billion in Aid for Sudan
French President Macron said Monday’s Paris conference raised more than €2 billion in aid to help Sudan and its neighbouring…
Read More » -
Uganda Hikes Lending Rate by 25 Basis Points to 10.25
The Bank of Uganda (BoU) has increased its interest rates for the second straight month from 10% to 10.25%—the highest…
Read More » -
Rwanda Regulates Online Forex Trading for the First Time
Rwanda’s Capital Market Authority (CMA) has introduced regulations to govern online forex trading, marking the first time such trading activities…
Read More » -
Ugandan MPs Approves New Aviation Law to initiate Investigations into Aircraft Accidents
Uganda’s Parliament has given its approval to the Civil Aviation Authority (Amendment) Bill, 2024 paving the way for the chief…
Read More » -
Meet Somali Billionaire Ahmed, Man Behind WorldRemit, Three Other Million-Dollar Firms
Ismail Ahmed is a Somali-born British entrepreneur who founded and chairs WorldRemit, a money transfer company that uses mobile technology…
Read More » -
KCB Bank Tanzania Mortage Portfolio Up Threefold to Ksh.3.8 Billion
KCB Bank Tanzania Limited has made significant strides in the Tanzanian mortgage market, increasing its outstanding mortgage book threefold to…
Read More » -
Kenya Trails Tanzania, Uganda in GDP Growth Forecast in New IMF Report
The new International Monetary Fund (IMF) report indicates a positive growth trend for Kenya, with a projected GDP growth of…
Read More » -
Development Projects Cost up 0.65% to $6.1 Billion in 2024 in Tanzania
Eastern African countries have increased investment in infrastructure projects in the past five years with Tanzania leading in terms of…
Read More »
