Ethiopia Ramps Up Diplomatic Push for Red Sea Access, Citing ‘Historic Injustice’
(3 Minutes Read)
Ethiopia has launched a renewed diplomatic campaign to secure access to the Red Sea, with Prime Minister Abiy Ahmed calling the country’s...
Kenya’s Public Debt Increases Due to Fiscal Pressures
(3 Minutes Read)
The debt has expanded dramatically since it first crossed the KSh 1 trillion mark in April 2009. Back then, the country’s borrowing...
Kenya’s Tea Exports to Sudan Plunge Due to Diplomatic Fallout
(3 Minutes Read)
The abrupt drop saw Sudan descend from Kenya’s top tea markets, with Khartoum being displaced by RSF ally, the United Arab Emirates...
Tanzania Tourism Registers Unprecedented Boom
(3 Minutes Read)
Dr. Pindi Chana, Tanzania’s Minister of Natural Resources and Tourism, attributed this success to the vision and commitment of President Samia Suluhu...
Rwanda: BNR Expands Forex Hedging to Shield Businesses from Currency Risks
(2 Minutes Read)
The National Bank of Rwanda (BNR) plans to extend its foreign exchange (forex) hedging facility—currently available only to commercial banks—to businesses and...
Kenya’s PMI Index Nosedives to Negative Region
(3 Minutes Read)
The Stanbic Bank Kenya Purchasing Managers’ Index fell to 49.6 in May from 52.0 a month earlier. Readings above 50.0 indicate growth...
“‘Anzia Ulipo’ Campaign Empowers Tanzanian Youth Through Innovation and Digital Tools”
(3 Minutes Read)
Tanzania has launched a new initiative aimed at motivating its citizens, particularly the youth, to take initiative, embrace innovation, and make use...
Bank of Tanzania Launches Two Key Systems to Strengthen Financial Services and Inclusion
(3 Minutes Read)
The Bank of Tanzania (BoT) has officially introduced two groundbreaking initiatives designed to improve the delivery of financial services across the country...
Tanzania Urges Strategic Foreign Investment to Boost Economic Growth
(3 Minutes Read)
The Tanzanian government has reiterated its appeal for large-scale, strategic foreign investments, cautioning against ventures that compete directly with local small businesses....
Advantage Uganda: World Bank set to Lift Freeze on Loans
(3 Minutes Read)
Since the law came into effect, rights groups report that hundreds of LGBTQ Ugandans have been evicted from their homes, subjected to...
