Eastern Africa

Two foreign banks have applied to begin operations in Ethiopia as the country opens its banking sector to international lenders after almost five decades of restrictions. The National Bank of …

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 …

The 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. …

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. …

Bitcoin 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 …

MTN 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 …

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 …

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 …

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 …

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 …