Kenya-Tanzania Lock Horns Over Aviation Rights
Diplomatic relations between Nairobi and Dar es Salaam are once again under strain following a decision by the Tanzania Civil Aviation Authority (TCAA) to rescind approvals for Kenya Airways (KQ) [...]
World Bank: Urgent Reforms Needed to Enable Strong Private Sector-Led Growth in Tanzania
The report shows that Tanzania’s structural transformation has slowed in recent years and the economy has not created enough jobs in higher-productivity sectors.
Kenya and EU Sign New Ambitious Trade Deal
Kenya and the European Union (EU) have signed an Economic Partnership Agreement (EPA) to boost bilateral trade in goods, increase investment flows, and contribute to sustainable economic growth. The EU [...]
Equity Group Completes Acquisition of Rwandan Bank
Equity Group Holdings Plc (EGH), has completed its acquisition of Rwanda’s bank, Compagnie Générale de Banque (Cogebanque) Plc. Simultaneously, EGH offered to acquire all the remaining shares from the rest [...]Bigstore Secures Funding, Expands eCommerce Services
Ecommerce company Bigstore.africa, has announced that it has received an undisclosed investment in its recently completed angel funding round. “Our goal is to bring back trust in ecommerce in Kenya [...]KCB Group Profits Rise Marginally, Assets Surpass KSh. 2trn
KCB Group is now the first bank in the region with an asset size over Kshs. 2trillion.Longhorn Publishers to Delay Publication of End-Year Results
Longhorn is having its share of accounting issues at a time when banks in Kenya are also grappling with the International Financial Reporting Standard (IFRS) 9.Rwanda makes strides in adoption of green finance
Tony Francis Ntore, CEO OF Rwanda Bankers Association dwelt on the subject of the Adoption of green finance in the East African community banking sector. Green finance is a paradigm [...]Kenya’s Benchmark Solutions Seals US$11.6M Deal for Ugandan Market
Kenyan-based structured trade and project financing advisory firm Benchmark Solutions Limited has signed a US$11.633 Million funding agreement with Uganda’s Mbarara Makhan Singh Market Landlords Association. The funds will be [...]Uganda, DRC Anticipate More Trade After Abolishing Visa Requirements
Uganda becomes the third EAC Partner State to waive visa requirements for DRC citizens after Kenya and Tanzania.CEO Chat: Promoting Cross-border Trade in the EAC, with Tusekelege Joune, TBA Director
The East African Community (EAC) Banking Association, an umbrella lobby formed more than a decade ago, has been sharing information among member associations, undertaking capacity building as well as benchmarking, [...]CEO Chat; Green Investment Opportunities in East Africa with Dr Habil Olaka
Manufacturing, transport, and the agricultural sector have been identified as those that offer the most significant opportunities in terms of green projects. The manufacturing sector which is a significant contributor [...]
