Exclusive African Business News & Trade Deals
In the scorching morning heat of Kampala, young men on motorcycles spring into action at the sight of a potential passenger, competing fiercely for business. For many in Uganda’s capital, … Read More
South Sudan says exporters of cargo into, or out of its territory must tag it with special seals it will provide, overriding a court challenge mounted by traders to oppose … Read More
The East African Community Secretariat has cautioned the private sector in partner states against frequent requests for stay of application of tax on products that are readily available in the … Read More
The conflict over fare rates between ride-hailing companies and their driver-partners in Kenya has intensified. Drivers, who normally follow fare structures set by ride-hailing platforms, are now setting their own … Read More
A French court has seized three jets owned by the Nigerian government amid a long-standing dispute with a Chinese company. The row stems from a 2007 contract between Zhongshan Fucheng … Read More
A week after Mobius Motors, a Kenya-based automaker supported by Playfair Capital, announced its shutdown, the company has accepted an acquisition offer from an undisclosed buyer. Nicolas Guibert, a director … Read More
The Egyptian pound is falling against foreign currencies, approaching 50 per U.S. dollar after a recent increase in metro fares and fuel prices. The currency hit 49.16 per U.S. dollar … Read More
The newly completed Dongo Kundu Bypass is set to boost cross-border trade between Kenya and Tanzania at the Lunga-Lunga One Stop Border Post (OSBP). This $307 million infrastructure project, which … Read More
Kenya’s primary aviation union announced a strike starting next Monday in response to a deal with India’s Adani Airport Holdings to develop Jomo Kenyatta International Airport (JKIA). The Kenya Aviation … Read More
Analysts believe that while current business disruptions in Kenya might not significantly impact the country’s economic outlook, prolonged protests could adversely affect key sectors like tourism. David Omojomolo, an economist … Read More
