African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
The management of Sarrai Group of Uganda has started a test run of the mills at the debt-ridden Mumias Sugar factory after the rehabilitation and maintenance of the run-down equipment. …
Somalia has renewed its bid to join the East Africa Community (EAC), days after DRC Congo was admitted to the regional trade bloc. On Thursday, the country’s newly elected President …
Kenya has disowned promises of a July tender made to Dubai Port (DP) World that would have allowed the UAE-based firm to offer a bid for development, operation and management …
Traders are seeking more than Sh175million from the government to cover the reduction of the cost of maize flour to Sh100. In a statement, the traders through the Retail Trade …
The coffee auction at the Nairobi Coffee Exchange (NCE) recorded a 5% increase in prices, the second time in a row since the auction reopened last week after a one-month …
The International Monetary Fund (IMF) has set a fresh loan condition requiring Kenya to drop the fuel subsidy programme by October, exposing motorists to a sharp rise in pump prices. …
Airtel Money will now be operated as a separate entity from Airtel Networks Kenya Limited, the telecommunication firm has said. Following the business separation, Airtel Money Kenya Limited will take …
Ghana lawmakers approved a plan by the government to borrow up to $750 million from the African Export-Import Bank for the 2022 budget. The vote by the nation’s hung parliament removes …
Kenya has frozen plans by a Tanzanian billionaire to set up a gas plant and storage facilities at the Mombasa port, threatening a trade spat between the two neighbouring countries. …
Rice farming in Ahero irrigation scheme has peaked a notch higher after the National Irrigation Authority introduced mechanized rice harvesting to the local framers. Nyanza Regional Coordinator for the National …
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