East Africa business news from Kenya, Ethiopia, Tanzania, Uganda, Rwanda and the wider EAC region.
SealTowers Limited, a licensed Kenyan Cell Tower Company, and Everstrong Capital have today announced the signing of an agreement that will see Everstrong making a majority equity investment in SealTowers. …
Syniverse, “the world’s most connected company”®, today announced it is working with Vodafone Oman to enable 5G roaming services in the Sultanate of Oman. Vodafone is one of the world’s …
Over the past 2 years since the Covid-19 pandemic started, Africa’s economy has contracted by 2.1% and regional growth is expected to be muted in 2022 compared to 2021. Economic …
As part of its efforts to decrease greenhouse gas emissions, the government has excluded petrol and diesel-powered buses from the lucrative bus rapid transport (BRT) system that will begin operations …
Kenya to begin exporting its goods duty-free outside of the East African Community (EAC) bloc after a deal was reached on tariff lines that will exclude up to 88 per …
HFM Investments Limited, a Mauritius-based online currency trader, has begun its operations in Kenya under the HotForex brand, this made the brand the sixth company to set up shop in …
As part of its efforts to provide sustainable energy to public transportation, the Swedish-Kenyan business Opibus has introduced the first African-designed and made electric bus in Kenya. Opibus, Kenya’s first …
Floatpays is a digital platform that offers on-demand access to pay, seamless savings functionality, and financial education to enhance employee financial wellness. It was founded in 2019 and is a …
Netflix, the world’s most popular entertainment streaming service, has announced $1 million to the Netflix Creative Equity Scholarship Fund (CESF), which will support film and television students in Sub-Saharan Africa. …
Samsung Electronics has appointed a new managing director for East Africa following the expiry of Mr Seok Min Hong’s term. Mr Tae Sun Lee will succeed Mr Hong, who has …
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