Browsing: East Africa Business News

Uganda Coffee Development Authority (UCDA) on Friday announced that the country’s coffee export earnings in October rose by 4.5 per cent over September, as it exported…

Earnings from horticulture in the first 10 months of the year have defied the Covid-19 economic fallout to rise 8.6 per cent to Sh126 billion compared…

Wycliffe Shamiah has been appointed and confirmed as the Chief Executive Officer of the Capital Markets Authority (CMA). Shamiah has been in an acting capacity since…

The African Development Bank (AfDB), has awarded cash prizes of $120,000 to some African youth “agripreneurs”, winners of the bank’s AgriPitch competition. The bank made this…

AFRAA’s secretary-general Abdérahmane Berthé said smaller airlines need to consolidate and share basic facilities while established airlines need to co-operate and code-share to avoid operating in the same routes.

The International Debt Statistics 2021 report by the World Bank shows that between 2009 and 2019, countries in the region increased external borrowing by nearly four times, from $19.9 billion to $73.8 billion.

According to Turaco, the fund will be used to fund the drive growth in its current locations of Kenya and Uganda and facilitate expansion into a third market by next year.

Two lessors have granted Kenya Airways (KQ) to repurpose two of its Dreamliner planes into cargo planes.

While many airlines are down-sizing their operations due to the effects of the Covid-19 pandemic, Ethiopian Airlines is adding new aircraft and expanding businesses, according to…

Part of the Statement reads “Travelers entering or leaving the Burundian territory must provide proof of testing negative for Covid-19.”