The Ethiopian government has once again increased fuel prices, raising concerns among citizens already grappling with widespread shortages and the rising cost of living. The new prices took effect on …
Eastern Africa
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Eastern AfricaEconomyEnergyEthiopiaGOVERNMENTPoliciesTransportation & Logisitics
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Business and EconomyEastern AfricaEconomyTrade and CommerceUGANDA
Uganda’s Merchandise Imports Surge by 45% Amidst Economic Growth
Uganda has reported a substantial increase in its merchandise imports, reflecting a 45% growth over the past year. This surge is indicative of the country’s expanding economic activities and increasing …
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AfricaBanking, Finance & InvestmentBusinessBusiness and EconomyEastern AfricaEthiopiaFinance & Services
Ethiopia Licenses First Investment Banks, Expands Capital Market Services
In a landmark development for Ethiopia’s financial sector, the Ethiopian Capital Market Authority (ECMA) has granted licenses to five new capital market service providers, including the country’s inaugural investment banks. …
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BusinessBusiness and EconomyEastern AfricaEconomyFinance & ServicesGOVERNMENTSecurityUGANDA
Ugandan Government Raises Over Sh2 Trillion from Securities in February
In a significant financial development, the Ugandan government amassed a total of Sh2.27 trillion in February 2025 through the issuance of its securities, as detailed in the latest economic performance …
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AfricaEastern AfricaEconomyKenyaKenya NewsPolitics
Kenyan Governors Issue 14-Day Ultimatum to Treasury Over Sh116 Billion Funding Dispute
The Council of Governors (CoG) in Kenya has issued a stern 14-day ultimatum to the National Treasury, demanding the immediate disbursement of Sh78.03 billion in delayed County Equitable Share funds …
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AgricultureBusiness and EconomyEastern AfricaEconomyManufacturing & Consumer GoodsTrade and Commerce
Sudanese Tea Exporters Fear Iran Market May Slip Away Amid Regional Tensions
Khartoum, Sudan – Just months after making headway into the Iranian market, Sudanese tea exporters are now grappling with fears of losing this promising trade route due to mounting regional …
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AfricaBanking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesFintechTANZANIATechnology
Tanzania’s E-Payment Boom Sparks Shift Toward a Cashless Economy
Tanzania’s payment landscape is rapidly evolving, with a significant surge in electronic transactions inspiring a national shift towards a cashless economy, according to recent reports from financial authorities and tech …
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BusinessEastern AfricaTANZANIATrade and Commerce
TÜV Rheinland Secures Fresh 3-Year PVOC Contract with Tanzania Bureau of Standards, Expands Reach
In a move set to boost trade facilitation and product standardisation across East Africa, German inspection and certification giant TÜV Rheinland has renewed its Pre-Export Verification of Conformity (PVoC) contract …
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AfricaAFRICA NEWSBusiness PoliciesEastern AfricaGOVERNMENTInformation & TechnologyKenyaKenya NewsNewsTechnology
Kenya’s Cybersecurity Threats Surge by 27.2% as DDoS Attacks Spike in Q2 2024/25
Kenya is facing a rising wave of cyber threats, with reported incidents increasing by 27.2% in the second quarter of the 2024/2025 fiscal year. The Communications Authority of Kenya revealed …
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AfricaAFRICA NEWSRwandaRWANDARwanda Daily
Rwanda Grapples with Devastating Disasters in 2023, 2024
by Editorby EditorThe years 2023 and 2024 have been marred by tragic disasters that have left a trail of devastation across Rwanda, claiming lives and displacing families. In May 2023, heavy rains …