Eastern Africa

The United States Ambassador to Ethiopia, Ervin Massinga, has softened his tone over recent criticisms of the Ethiopian government, calling instead for a political solution to the country’s ongoing internal …

Tanzania’s economy is projected to grow by approximately 6% in 2025, up from 5.4% in 2024, according to Finance Minister Mwigulu Nchemba and Central Bank Governor Emmanuel Tutuba. The optimistic …

DAR ES SALAAM, TANZANIA — In a major boost to Tanzania’s industrialization drive, ALAF Limited has launched a new Color Coating Line (CCL) with an annual production capacity of 75,000 …

The government of Kenya has unveiled its budget for the 2025/2026 financial year, with a total value of KSh 4.29 trillion, which is about $32.8 billion. This marks the first …

Foreign debt servicing is set to consume nearly 30% of Ethiopia’s proposed federal budget for the 2025/26 fiscal year, Finance Minister Ahmed Shide told lawmakers on Tuesday, as the country …

Kenya Commercial Bank (KCB) Group Limited is poised to become the first foreign banking institution to enter the Ethiopian financial services sector, following the country’s recent banking liberalisation reforms. Sources …

Rwanda has officially withdrawn from the Economic Community of Central African States (ECCAS), accusing the regional bloc of failing in its duties and allowing itself to be manipulated by the …

The Rwanda Food and Drugs Authority (Rwanda FDA) has announced the immediate suspension of the importation, distribution, and use of all RELIEF tablets following the discovery of unauthorised variants circulating …

Ethiopia’s economy is expected to grow by 8.9% in the upcoming fiscal year, a slight increase from this year’s estimated 8.4%, according to projections presented by the country’s Finance Minister …

Kenya Revenue Authority (KRA) has announced that it collected a record KSh32.1 billion in Value Added Tax (VAT) for the month of May 2025, the highest ever in the country’s …