24 July 18

Kenya: Thousands homeless after Kibera demolitions

Thousands of people in Kenya’s largest slum have been left homeless after days of demolition carried out by the government.

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17 July 18

Tanzania secures $200 million loan from Credit Suisse

Credit Suisse Bank is set to lend Tanzania $200 million for developmental projects, the East African nation has revealed.

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11 July 18

Kenya accuses Tanzania of blocking goods in trade spat

Manufacturers in Kenya are frustrated by Tanzania’s move to place a 25 per cent duty on Kenyan goods, accusing authorities of blocking Kenyan products and causing them huge losses.

10 July 18

Kenya signs deal to recover stolen funds stored overseas

Kenya has signed an agreement with Switzerland that means Nairobi can now recover assets stolen through corruption and stored overseas.

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06 July 18

Djibouti launches Africa’s largest free trade zone – with help from China

Djibouti has launched the largest free trade zone in Africa as the tiny port nation continues its drive to become a global trade leader.

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26 June 18

Kenya: Public debt passes Sh5 trillion, every Kenyan owes at least Sh110,000

Kenya’s public debt has surpassed Sh5 trillion (almost $150bn) which means every Kenya citizen now owes at least Sh110,000 (more than $1,090) to lenders.

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20 June 18

Rwanda posts double-digit GDP growth in Q1 of 2018

Rwanda’s economy grew by 10.6 percent during the first quarter of 2018, according to National Institute of Statistics of Rwanda (NISR).

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18 June 18

Human traffickers blamed for rise of beggars in Kenya

International human traffickers are responsible for the rise of beggars across major cities and towns in Kenya, according to officials.

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17 June 18

Rwanda, Singapore sign investment and aviation deals

Rwanda and Singapore have signed new investment and airline agreements that will make it easier for businesses to operate between both countries.

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08 June 18

Sudan and South Sudan strike deal to repair damaged oil fields

South Sudan on Thursday announced a deal with Sudan to repair a number of oil facilities destroyed by conflict in a bid to boost oil production.

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