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The South Sudan government is looking at a $74.32 million fine over a failed agreement with Vivacell, a telecommunications company…...

Kenya’s ministry of finance plans to sell a big stake in Safaricom before the fiscal year ends in June, the…...

IHS Towers, one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower…...

The Common Market for Eastern and Southern Africa (Comesa) has called for its member states affected by US tariffs to…...

Rwanda’s national carrier has abandoned three of its West African routes and shifted to other parts of the continent as…...

Rwanda’s Central Bank has maintained its key interest rate at 6.5 percent in its latest Monetary Policy Committee meeting, citing…...

Kenya’s largest telecom, Safaricom Plc, has reported a net profit of $354.3 million (Ksh45.8 billion) for the year ended March…...

Airtel Africa has partnered with Elon Musk’s SpaceX to expand high satellite internet speed across the continent. The partnership was…...

Foreigners in Ethiopia will be allowed to own real estate in the country after the Council of Ministers ratified a…...

Kenya has started formal talks to increase electricity imports from Ethiopia amid rising demand. The Kenya Power and Lighting Company…...

African traders in petrol, diesel and jet fuel among other oil products are set to benefit from a $3 billion…...

Investors have snubbed Ethio Telecom’s shares offered in an initial public offering (IPO) amid local investment rules in the Horn…...

Kenya’s President William Ruto has secured a total of $823 million in deals on the second day of his four-day…...

Marco Rubio, the United States Secretary of State, has cancelled his planned visit to Nairobi, hours after Kenya’s President Ruto…...

Banjul, April 14, 2025 – The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) held its…

New banks will be allowed to operate in Kenya as long as they meet the minimum core capital requirements, the…...

Somalia’s communications authority has granted Elon Musk’s Starlink an operating license as the internet service provider expands its offerings on…...

Africa loses $88.6 billion annually to illicit financial flows (IFFs), a new report shows. The Illicit Financial Flows in Africa—which…...

Kenya’s trade minister is holding talks with the United States administration in a bid to lobby for the extension of…...

A United States senior officer has said that America is set to invest billions of dollars to war-ridden mineral-rich Democratic…...

Kenya’s trade with the United States was dealt a blow after President Donald Trump signed a new executive order imposing…...

The government of Uganda has signed a deal with UAE-based Alpha MBM Investments for a 60 percent stake in a…...

Uganda’s largest electricity distributor, Umeme Limited said on Monday that it had received $118 million in compensation from the government…...

Swazi Tshabalala is the only woman among the five candidates vying for the presidency of the African Development Bank. Of…

By Ndongo Samba Sylla and Peter Doyle. In early November 2024, we raised the alarm that the IMF forecast for…

Tunisia has signed a Memorandum of Understanding (MoU) with the African Trade Insurance Agency (ATIDI), marking a significant step in…...

Ecobank Kenya has raised its capital base to $65 million after injecting $27 million in fresh capital that will support…...

In 2024, Sanlam Morocco delivers a solid financial performance, marked by a notable improvement in profitability. Net income increased by…...

Authorities in Uganda have been working quickly to make sure that Umeme’s departure at the end of this month will…...

By Dominique Mabika. During a visit to Dakar, Samuel Munzele Maimbo, one of five candidates vying for the presidency of…