Tanzania’s Standard Gauge Railway (SGR) will launch its first segment this month, connecting Dar es Salaam and Morogoro. The Tanzania Railways Corporation (TRC) states that the…
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Amazon Web Services (AWS), an Amazon subsidiary that provides on-demand cloud computing platforms, has announced intentions to open a local zone in Kenya. Local Zones are…
Tanzania’s annual inflation rate fell for the third month in a row to 3.6 percent in March 2022, down from 3.7 percent in February and the…
Kenya has announced intentions to exclude domestically produced passenger vehicles from VAT and excise charge, with the goal of lowering car prices and encouraging local production.…
The Purchasing Managers’ Index (PMI) for Kenya fell to 50.5 in March, down from 52.9 in February, as food, gasoline, and fertilizer prices were influenced by…
Development finance institution the African Development Bank’s (AfDB) concessional African Development Fund (ADF) has approved a $5.5-million technical assistance grant to kickstart the roll-out of the…
Kenya Airways (KQ) and South African Airways (SAA) have stated that they would begin looking for an investor for the Pan-African airline business that they hope…
https://www.youtube.com/embed/tQzZjS0uQUA East Africa’s largest economy Kenya is optimistic about its economic future as it continues to recover from the COVID19 global and local shocks. Business activities…
The Prime Minister of Rwanda, Edouard Ngirente has revealed the government’s plan to kick off an agricultural loan facility with an initial investment of $350 million…
In Rwanda, the Central Bank has released the Monetary Policy and Financial Stability Statement which shows that commercial properties lead the list of sectors with non-performing…