East Africa business news from Kenya, Ethiopia, Tanzania, Uganda, Rwanda and the wider EAC region.
The Food and Agriculture Organization (FAO) of the United Nations disclosed that it is scaling up the urgent procurement of fertilizers to help farmers in northern Ethiopia sow their fields …
Crude prices have dropped by 22.5 percent since mid-June, setting the stage for reduced pressure on local pump prices. Oil prices have fallen to an average of $95 a barrel—level …
State owned telecom giant, Ethio-Telecom, in collaboration with Dashen Bank, has on Friday launched three different digital finance services under the motto “Financial Service for All” aimed at benefiting users with …
The winner of Kenya’s presidential election will have an in-tray full of economic and political challenges to solve when he assumes office. The polls happened in the middle of an …
Safaricom has taken up insurance worth $444 million (Sh52.9 billion) for its M-Pesa mobile money service as cover against the risk of non-payment by users and partners in its growing …
German outdoor power tools manufacturer The Stihl Group is set to establish its East African hub in Kenya. The subsidiary dubbed Stihl East Africa will be servicing clients in Kenya, …
Hotel owners could soon face a hefty interest fee if they don’t repay the loan they secured from commercial banks as part of the stimulus package put forth by the …
Khat exporters in Ethiopia facing a business slowdown following a new deal signed between the governments of Kenya and Somalia. Ethiopia had a comparative advantage for the last two years …
Kenyans head to elections on Tuesday with business leaders upbeat about a peaceful political transition and no major disruptions to the economy, a departure from the fear of downturns associated …
Visa has announced a grant towards the Africa women impact fund(AWIF), a collaboration between Standard Bank and United Nations Economic Commission for Africa (UNECA). with 55 women who participated in …
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