These 5 East African Countries May Have Walked Into A USD 100 Bn Debt Trap

Five member-countries of the East African Community — Kenya, Burundi, Rwanda, Uganda, and Tanzania — are together embroiled in what

Dangote Cement Is Living Dangerously In Its Most Profitable Market & It Could Pay The Price

Dangote Cement, the cement-producing company owned by Africa’s richest man, Aliko Dangote, appears to be living dangerously in Tanzania —

World Bank Splashes Sh10 Billion To Improve Water Supply In Hundreds of Tanzania Villages

The Tanzania Government has signed an agreement with World Bank for a grant amounting to USD 4.5 million (TSH 10.35

Top Tanzanian Banks Fined Billions Of Money For Engaging In Suspicious Transactions

Five Banks in Tanzania are bearing huge losses after being fined up to TZS 1.88 billion (USD 800,000) by Tanzania’s


This Ride-Hailing Firm Now Allows You To Book A Ride Via WhatsApp

Kenyan, Ugandan and Zambian taxi users can now book rides from their WhatsApp under a new feature initiated by a

World Bank Lifts Aid Embargo On Tanzania: Approves Credit To Benefit 5 Million People

World Bank has approved the issuance of a USD 450 million facility to Tanzania bringing to end the aid embargo

Loss Making Airline, KQ Forced To Cancel Flights Due To Shortage Of Pilots

A shortage of pilots has forced loss-making national carrier, Kenya Airways to cancel dozens of flights. The airline projects that

Major Boost For Uganda’s FDI Inflows: 15 Qatar Companies Are Now Seeking Partnerships With Local Firms

Fifteen Qatar companies are seeking to establish themselves in Uganda through partnerships with local firms, Private Sector Foundation Uganda-PSFU Executive

KCB Partners With Japan’s Largest Bank As It Seeks To Explore The Asian Market

Kenya Commercial Bank (KCB) has entered into a deal with Japan largest bank Sumitomo Mitsui Banking Corporation (SMBC) as it

This Country Has Toppled Kenya As The Top Destination For Foreign Investments In East Africa

It’s kind of a given for countries like Kenya and Tanzania to take the biggest slice of cake whenever there’s

Uganda Plans To Use Electric Buses In Two Months

Vehicle manufacturing in Africa has witnessed growth with the emergence of many African automobile manufacturers rolling out vehicles out of

The Kenya Business Of Mr Price Sinks In Millions Of Losses

South African fashion retailer, Mr Price, has suffered Sh 84 million loss in its Kenyan operation in the 10 months