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EAC Partner States approve Labour Migration Policy

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The East African Community (EAC) Partner States have approved the EAC Policy and Legal frameworks governing labour migration and the outcome of the national...

Tanzania Ports Authority opens office in landlocked Malawi

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The Tanzania Ports Authority (TPA) opened its office on Monday in the Malawian capital of Lilongwe to facilitate business transactions with the Dar es...

South Sudan debt distress risk remains high-IMF

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The International Monetary Fund (IMF) expects South Sudan risk of debt distress to remain high amid challenges rising from conflicts in Sudan, declining humanitarian...

Somtel Somalia sustains savings services for customers

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Somali Telecommunication (Somtel Somalia) expects the savings service it has since rolled out to continue with the growth momentum into next year. Somtel Somalia Head...

Tanzania-Burundi SGR line gets $696m boost from AfDB

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Construction of the second phase of a Standard Gauge Railway between Tanzania and Burundi is expected to begin after the two countries secured $696.41...

$48M project to boost Uganda’s youth participation in agribusiness

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At least 250,000 young people in Uganda are expected to join the country’s agribusiness labour market in a $48 million (Ksh 7.3b) project by...

Equity Group buys Rwanda’s Cogebanque for Ksh 6.7B

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Equity Group Holdings has completed full acquisition of Rwanda's fifth largest bank, Compagnie Générale de Banque (Cogebanque) Plc for Ksh 6.7 billion. The transaction follows...

ICED to support Somalia to advance evidence-based policy agenda

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The International Centre for Evaluation and Development (ICED) has signed a partnership agreement that will see the Federal Republic of Somalia deploy evidence-based policies...

CP Cables, FiberHome to enhance regional internet connectivity

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CP Cables has inked a Ksh 760 million distribution deal with Chinese fiber products manufacturer, FiberHome that is expected to increase availability of networking...

Somalia formally admitted into EAC

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Somalia has formally been admitted to the East African Community (EAC). It joins Kenya, Burundi, the Democratic Republic of the Congo, Rwanda, South Sudan, Uganda...

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