Tanzania Ports Authority (TPA) has revealed that Dar es Salaam port has received its biggest cargo vessel ever, measuring 199.95 metres by width of 32.2 metres.…
Browsing: East Africa Business News
Catch all the East Africa business news and updates on News Central
German national airline, Lufthansa on Sunday connected its first flight to Kenyan tourism city, Mombasa as the East African country makes first attempts to revive its…
Kenya’s inflation recorded a slight increase in May. It increased from 5.76% in April to 5.87% in May 2021 following a hike in the cost of…
The Africa Growing Together Fund facility sponsored by the People’s Bank of China is administered by the African Development Bank.
The Kenyan National Treasury weighed in to prevail over the earlier attempts by the Energy and Petroleum Regulatory Authority (EPRA) to increase the pump price of…
The wait appears to be over for Kenya as the Executive Board of the International Monetary Fund – IMF has approved the funding request of East…
Kenya’s annual inflation has risen to 5.9% in March. This is the highest rate in 10 months, from 5.8% in February. The inflation rate maintained an…
The International Monetary Fund (IMF) has approved a disbursement of $174.2 million to South Sudan under the Rapid Credit Facility (RCF). This is meant to address…
Kenya is seeking an extension of the Debt Service Suspension Initiative (DSSI) to June 2022. This will give the East African country a one-year extension from…
Kenyan electricity consumers will pay KSh 1.20 more per unit or an extra KSh 1 billion to Kenya Power this month on increased compensation to expensive…