Tanzania made a notable appearance at the 46th Kano International Trade Fair, drawing the attention of traders, investors, and visitors with a wide range of its agricultural and manufactured products. …
Eastern Africa
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AgricultureEastern AfricaEconomyInternational RelationsMarket TrendsTrade
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BusinessConsumer NewsEastern AfricaFinanceKenyaRegulationTechnology
Bitcoin ATMs Appear in Nairobi Malls as Kenya’s New Crypto Law Takes Effect
by Radarr Adminby Radarr AdminBitcoin ATMs have started appearing in major shopping malls across Nairobi, days after Kenya’s new law on virtual assets became active. The bright orange machines, branded “Bankless Bitcoin,” were seen …
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BusinessEastern AfricaFinanceINVESTMENTTechnologyTelecommunications
MTN Uganda Raises Second Interim Dividend by 40%, Signals Confidence in Growth
by Radarr Adminby Radarr AdminMTN Uganda Limited has declared a second interim dividend of Shs 10.5 per share, marking a 40 percent increase from the previous payment. The company said the move was supported …
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Eastern AfricaEnergyEnvironmentGovernment PolicyInfrastructureRenewable Energy
Kenya’s Clean Energy Plan Faces Funding and Implementation Hurdles
Kenya’s new National Energy Compact 2025–2030 has set out a bold agenda for the country’s energy future — targeting 100 per cent clean power, universal access to electricity, and a …
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BusinessDigital EconomyEastern AfricaFinanceTechnologyTelecommunications
Safaricom’s Ethiopian Expansion Transforms Market but Deepens Losses, Says World Bank
Safaricom’s bold move into Ethiopia has reshaped the country’s telecommunications industry, bringing competition, lower data prices, and faster internet access to millions of new users. However, a new World Bank …
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Corporate EarningsEastern AfricaELECTRICITYEnergyFinanceInfrastructure
Kenya Power Reports 18.7% Profit Drop as Forex Gains Fade and Tariff Adjustments Ease
Kenya Power and Lighting Company (KPLC) has reported a sharp 18.7 per cent decline in its net profit for the financial year ended June 2025, falling to KSh 24.47 billion …
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BankingDigital EconomyEastern AfricaFinanceSMEsTrade
CIB Kenya targets SMEs with digital banking and trade finance expansion
Commercial International Bank (CIB) Kenya is setting its sights on reshaping the country’s banking landscape through a digital-first approach and innovative lending models that focus on small businesses and regional …
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Conflict ResolutionDiplomacyEastern AfricaInternational RelationsPoliticsSecurity
Congo and Rwanda Set October Start Date for U.S.-Mediated Peace Deal
The Democratic Republic of Congo and Rwanda have agreed to begin implementing key security measures under a peace deal mediated by the United States, starting October 1, 2025. The joint …
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Eastern AfricaEconomyFinanceForex TradingSouth AfricaSouthern AfricaWestern Africa
African Currencies Outlook: Uganda’s Shilling to Gain, Others Seen Stable
The currencies of several African countries are expected to remain stable in the coming week, with Uganda’s shilling projected to strengthen slightly against the United States dollar, according to traders. …
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Eastern AfricaEconomyInfrastructureINVESTMENTTradeTransport
Rwanda Bets on Lake Kivu Transport Projects to Boost Trade and Regional Connectivity
Rwanda is moving to strengthen its position as a logistics hub in East Africa by investing heavily in transport projects along Lake Kivu. The projects, which include the construction of …