Eastern Africa

 The Electricity Sector Association of Kenya (ESAK) is banking on new measures to ensure the country achieves a 100 per cent renewable energy transition by 2030. This comes ahead of …

Kenya Breweries Limited (KBL) is seeking to enroll over 5,000 new farmers to grow sorghum for the production of its Senator Keg Lager. The brewer seeks to increase the number …

Uber and Bolt drivers have staged demonstrations after the Government failed to implement a commission cap of 18 per cent on fares. Digital drivers accuse the National Transport and Safety …

East Africa Portland Cement Company (EAPCC) says it has completed the settlement of KCB’s Sh6.8 billion loan via land transfers to the lender, cutting its finance costs by Sh735 million …

Mastercard and Cellulant have partnered to allow Cellulant customers across Africa to shop and pay online with global merchants wherever Mastercard is accepted. The Mastercard virtual payment solution, linked to …

Ethiopian Airlines has requested the government to raise its paid up capital to 300 billion birr, a three-fold increment from the current 100 billion birr. The group’s fast-growing asset and …

The Ethiopian Commodity Exchange (ECX) is in the process of starting to facilitate the trading of wheat on its floor. The crop will return to the Exchange’s trading floor after …

Sales of new motor vehicles dropped marginally in the nine months ended September, with the slowdown linked to the economic uncertainty in the context of the recent General Election. Formal …

Safaricom consortia will spend Sh36.3 billion ($300 million) annually in Safaricom Ethiopia. Safaricom Chief Executive Officer (CEO) Peter Ndegwa said the amount will be invested every year. This comes at …

The central bank of Ethiopia expects saving close to 100 million dollar per year, from the ban imposed on selected import items.  In a circular written on October 14, 2022, …