Eastern Africa

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 …

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 …

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 …

Ethiopia’s largest cement factory is set to start operating soon. The Lemi National Cement Factory, once completed, will soon begin production according to company officials. The factory, currently under construction …

The International Monetary Fund (IMF) projects that the East African economy will grow at 5.6 percent, but the region’s business lobby says external and domestic shocks could impact the positive …

The Eastern Africa Grain Council (EAGC) has received a $2 million grant from TradeMark Africa to eliminate trade barriers for exporters in three East African countries. The grant is part …

Gideon Muriuki, CEO of Co-operative Bank of Kenya, purchased 14.6 million shares worth Sh173 million ($1.2 million) in the first half of 2023, boosting his ownership to a two-percent stake in …

San Francisco and Lagos-based fintech giant Flutterwave, led by Nigerian tech billionaire Olugbenga Agboola, has unveiled plans to inject $50 million into Kenya, fueled by mounting confidence in the imminent …

The Burundi Revenue Authority (OBR) has launched a regional centre for electronic cargo tracking in Burundi thanks to the support of TradeMark Africa to the tune of $212,000. This will …

The African Development Bank Group has expressed satisfaction with the implementation of its Country Strategy Paper for Burundi for 2019-2023 based on an evaluation by a Bank team led by …