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Ethiopia, Rwanda, Djibouti, Uganda, and Tanzania are expected to average 6% or higher growth in 2025-26, supported by continued public investments to deepen domestic value chains in agriculture and domestic energy. The institution expects that African countries could reverse the projected outlook by limiting the transmission of shocks and uncertainty to domestic economies. For it to be effective, though, economies will have to tame inflation, which will be hard because of the knock-on effects of tariffs and uncertainty-induced expectations of higher prices.

East African Countries Buck the Downward Trends in Economic Growth: AfDB

(3 Minutes Read) East Africa’s resilience to shocks may be explained by the region being home to some of the most diversified economies in Africa,...
Access Bank Plc has completed its acquisition of National Bank of Kenya (NBK) from KCB Group Plc. The deal, announced in March 2024, closed on 30 May 2025, following approvals from the Central Bank of Kenya and the Competition Authority of Kenya.

Access Bank Completes Acquisition of National Bank of Kenya

(3 Minutes Read) With the acquisition of 100% of NBK, its second after acquiring and rebranding Transnational Bank, Access Bank strengthens its footprint in KenyRoosevelt...
ZTE Corporation has successfully implemented its FTTR-B all-optical network solution in the office building of the Grand Ethiopian Renaissance Dam (GERD), marking a technological milestone in Ethiopia’s national infrastructure.

ZTE and Ethio Telecom Deploy Africa’s First All-Optical Government Office Network at GERD Project

(3 Minutes Read) ZTE Corporation has successfully implemented its FTTR-B all-optical network solution in the office building of the Grand Ethiopian Renaissance Dam (GERD), marking...
Refugees Return to Their Villages in Sudan After Long Exile

Refugees Return to Their Villages in Sudan After Long Exile

(2 Minutes Read) While the residents are pleased to be home, they have concerns about insecurity as well as access to basic services, like clean...
The denim industry in Kenya, which employs a large number of women, is in doldrums. Every year, 8 million jeans are produced in Nairobi for brands like Levi’s and Wrangler. This is a vital industry employing 66,000 people, most of them women, but it may collapse by September.

Denim Industry in Kenya Urges Rollover of AGOA

(2 Minutes Read) Every year, 8 million jeans are produced in Nairobi for brands like Levi’s and Wrangler. This is a vital industry employing 66,000 people, most of them women,...
Tanzania is making bold strides to modernise its energy sector, reaffirming its commitment to technological advancement and strategic international cooperation. With a focus on harnessing its vast oil and gas reserves, the country is aligning its development goals with global innovation trends, positioning itself as a key player in Africa’s evolving energy landscape.

Tanzania Accelerates Energy Transformation Through Technology and Global Partnerships

(3 Minutes Read) Tanzania is making bold strides to modernise its energy sector, reaffirming its commitment to technological advancement and strategic international cooperation. With a...
Tanzania’s startup landscape is experiencing remarkable momentum, with the number of active ventures growing by 24 per cent in the past year, surpassing 1,000 enterprises. This rapid expansion is largely attributed to the strong support system established by over 95 local organisations that offer structured training, mentorship, and networking opportunities tailored to early-stage startups.

Tanzania’s Startup Ecosystem Surges Past 1,000 Ventures, Driven by Local Support and Global Partnerships

(3 Minutes Read)  Tanzania’s startup landscape is experiencing remarkable momentum, with the number of active ventures growing by 24 per cent in the past year,...
From Root to Ream: Goodwill Tanzania Transforms Cassava into Paper Products

From Root to Ream: Goodwill Tanzania Transforms Cassava into Paper Products

(3 Minutes Read)  Tanzania's cassava market is set to experience significant growth following the expansion of Goodwill Tanzania Company into the paper manufacturing industry. This...
Tanzania's Certified Seed Drive Fuels Agricultural Gains and Food Security

Tanzania’s Certified Seed Drive Fuels Agricultural Gains and Food Security

(3 Minutes Read) Tanzania is making notable strides toward agricultural self-sufficiency and national food security, marked by a sharp rise in the use of certified...
The Bank of Tanzania (BoT) is set to release a comprehensive study on Central Bank Digital Currencies (CBDCs), examining their potential impact on the country’s financial ecosystem, payment systems, and the practicality of adoption by citizens given the existing infrastructure.

Bank of Tanzania to Release Study on Digital Currencies

(3 Minutes Read) Tanzania maintains a de facto ban on cryptocurrencies, with the Tanzanian Shilling remaining the only legal tender The Bank of Tanzania (BoT) is...

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