Foreign direct investment (FDI) flows to Africa fell sharply by 42% year-on-year, reaching just $28 billion in the first half…
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The latest business and financial market news and analysis from East Africa and the Continent.
East Africans are trading more with each other and benefiting from an increasingly connected marketplace. Intra-EAC trade grew by 27%,…
Kenya’s private sector recorded its strongest expansion since December 2021, with the Stanbic Bank Kenya Purchasing Managers’ Index (PMI) climbing…
Kenya’s annual inflation rate remained unchanged at 4.6% in October, matching September’s figure, according to the Kenya National Bureau of…
Stanbic Bank Kenya and Stanbic Bank Uganda, both part of the Standard Bank Group, have successfully closed a USD 45…
The East African Community (EAC) has confirmed the Kisumu–Busia/Kakira–Malaba expressway as a feasible and investment-ready infrastructure project. In a statement…