EABL Parent Company Diageo Sells Guinness Ghana to Castel for US $81mn
Diageo PLC, the parent company of East African Breweries, has agreed to sell its 80.4% stake in Guinness Ghana Breweries to Castel Group for US$81 million as part of its [...]
Regional Competition Regulator Probes KQ, Zambia Airways For Flight Delays
The COMESA Competition Commission is investigating whether Kenya Airways (KQ) and Zambia Airways violated aviation regulations by delaying flights and inconveniencing their customers. “The Commission is concerned that Kenya Airways [...]World Bank, AfDB Commit $40bn to Improve Access to Electricity in Africa
The African Development Bank (AfDB) and the World Bank have committed US$ 40 billion to narrow the electricity access gap in Africa by half by 2030. The idea of putting [...]African Union Faults Moody’s Kenya Credit Rating
The African Union has faulted Moody’s latest revision of Kenya’s outlook from negative to positive, arguing that the change is an admission that the July 2024 downgrade was premature and [...]Kenyan Fintech Associations Form Umbrella Body
Five major representative associations in the fintech sector have formed an umbrella body called The Fintech Alliance (TFA) to drive the growth and development of the industry. By uniting under [...]
Tanzania to Roll out New Banknotes in February
Tanzania is set to roll out new banknotes in February, as part of ongoing currency reforms that also include the ongoing withdrawal of shilling notes issued from 1985 to 2003, [...]South Sudan Blocks All Social Media To Censor Gory Content
On Wednesday, the South Sudan's government ordered all Internet Service Providers (ISPs) in the country to block access to social media platforms like TikTok and Facebook for three months. “We [...]In Davos, South Africa Lays Out Ambitious Plan for its G20 Presidency
At the ongoing World Economic Forum's Annual Meeting in Davos, President Cyril Ramaphosa has outlined South Africa's priority areas as it prepares to host the first G20 summit on the [...]How the 0.1% Controls Almost One Third of South Africa’s Wealth
South Africa is a land of contrasts. It’s an economic powerhouse in Africa which boasts of the highest Gross Domestic Product (GDP) on the continent in 2025 at US$418bn, according [...]
Kenya Eases ETA Visa Requirements for Africans
Kenya is rolling back the Electronic Travel Authorization (ETA) requirement for travellers from other African countries except Somalia and Libya in order to boost the efficiency of the [...]Tanzania Confirms First Marburg Virus Case in Two Years
Tanzania has confirmed that a patient from Kagera region, which borders Uganda, Rwanda, and Burundi, has tested positive for the Marburg virus disease. “We have resolved to reassure the general [...]Inside US President Donald Trump's Africa Team
On January 20th, Donald J Trump was sworn in for his second and final term as the President of the United States, four years after he lost to outgoing President [...]
