Tag: East Africa

I&M Group headquarters at 1 Park Avenue, Nairobi, Kenya.
BusinessHot News

Kenya’s I&M Group posts $145 million profit in 2025; total assets hit $5.3 billion

Nairobi-based lender I&M Group posts a $145 million profit in 2025 as total assets reach $5.3 billion.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Clean energy push could unlock 32,000 jobs in Mauritius by 2030

World Bank report says clean energy and ocean investment could create 32,000 jobs in Mauritius by 2030.

Omokolade Ajayi Omokolade Ajayi
BusinessTourism

East Africa’s safari operator, SafariCo, plans $72 million lodge expansion in Tanzania

SafariCo plans $72 million lodge expansion in Tanzania, adding 184 rooms and enhancing guest experience and sustainability.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

IBL Group revenue hits $1.5 billion as regional diversification drives growth

IBL Group posts $1.5 billion revenue as regional diversification boosts profit and cuts net debt, driven by retail and overseas operations.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Foreign investors targeted for $2B Kenya Airways rescue as Ethiopian Airlines posts $4.4B revenue

Kenya Airways plans $2 billion investment; Ethiopian Airlines reports $4.4 billion revenue, growing passenger and cargo operations.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

China opens market to 400 Tanzanian agricultural exporters

China has approved 408 Tanzanian agricultural exporters, giving farmers and companies wider access to the Chinese market after months of trade coordination.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Mauritius-based flower farm to receive $13 million for expansion in Ethiopia, Kenya

Mauritius-based Star Bright Holdings is set to receive $13 million from IFC to expand flower farms in Kenya and Ethiopia sustainably.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

East Africa pulls ahead as Africa’s growth leader amid global uncertainty

East Africa is set to lead Africa’s growth in 2026, supported by investment, trade links and steady expansion despite global uncertainty.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Patient investors in this Church-founded Tanzanian bank have nearly tripled their money since early 2026

Shares of church-founded Maendeleo Bank Plc have surged nearly 180 percent since early 2026, tripling returns for patient investors in Tanzania.

Editorial Team Editorial Team
The project aims to reduce congestion, lower transport costs, and support trade flows across East Africa.
BusinessTourism

Kenya seeks $1.5 billion Chinese boost for highway upgrades

At a Glance Kenya is set to break ground this Friday on a $1.5 billion highway expansion, partnering with two Chinese state-owned companies in a major effort to modernize its transport infrastructure. The project signals Beijing’s renewed focus on strategic African corridors after a pause in large-scale infrastructure investment.  Officials say the highway initiative will be funded through a mix…

Oluwatosin Alao Oluwatosin Alao
Angama Mara
Hot NewsTourism

Top 20 most exclusive safari lodges in East Africa

Discover East Africa’s 20 most exclusive safari lodges redefining luxury, conservation, and wildlife tourism across Kenya, Tanzania, Uganda, and Rwanda.

Feyisayo Ajayi Feyisayo Ajayi
Equity Center, Nairobi, Kenya.
BusinessExclusiveHot News

Equity Group, valued at $1.4 billion, is the leading lender in East, Central Africa

This reflects Equity Group’s effective regional diversification strategy, with nearly 50 percent of earnings now derived from operations outside Kenya.

Omokolade Ajayi Omokolade Ajayi