Nairobi, Kenya, has been selected to host the 2029 World Outdoor Athletics Championships, marking the first time the global track and field championships will be held in Africa. World Athletics …
Eastern Africa
- BankingEastern AfricaFinancial ServicesInsuranceLegal Affairs
Finance Trust Bank Denied Direct Access to Insurer Funds
by Radarr Adminby Radarr AdminThe High Court has dismissed an attempt by Finance Trust Bank to claim compensation directly from an insurance company following a dispute over alleged professional negligence by a surveying firm. …
- AgricultureEastern AfricaEconomyInternational RelationsMarket TrendsTrade
Tanzania Showcases Coffee, Tea, Spices and More at Kano Trade Fair, Strengthens Ties With Nigeria
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. …
- 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 …
- 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 …
- 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 …
- 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 …
- 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 …
- 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 …
- 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 …