cbea

The current financial architecture needs restructuring if Africa is to play a proactive role on the global stage. African foreign affairs ministers are rooting for sustained reforms in the trade, climate and financial eco-systems. 

AU Executive Council of Foreign Ministers calls for fair valuation of economies

After public outrage over the dilapidated state of Kenya’s main airport, the cabinet has approved major upgrades at JKIA, including E-Gates, more immigration booths and streamlined security to reduce delays and improve passenger flow. 

JKIA upgrade gets a boost after cabinet approves new spend

Kenya’s cabinet has approved budget estimates for the 2025-2026 fiscal budget that will see the country spend 4.2 trillion shillings. 

Kenya’s cabinet approves budgetary estimates for new fiscal year

Uganda’s President Yoweri Museveni has appointed Micheal Atingi-Ego, as the new Bank of Uganda Governor, succeeding the late Emmanuel Tumusiime-Mutebile after a three-year wait. 

What awaits Uganda’s new pick Micheal Atingi-Ego at the Central Bank?

Kenya is at an advanced stage in plans to export livestock and meat to Nigeria and eight other African countries. 

Investing in Kenya’s livestock & meat industry

The Rwandan government is banking on netting in more revenues in the 2025-2026 fiscal year after Cabinet approved several tax hikes expected to boost revenue mobilization. 

Rwanda eyes more revenues after cabinet okays new tax measures

A new report released by Ipsos shows that 72 per cent of Kenyan consumers reckoned 2024 was one of the toughest years yet majority feeling the pressures which left a ripple effect on household budgets. 

2024 toughest year for Kenyan consumers says latest Ipsos report

Rwanda’s equities and fixed income markets recorded a mild performance as market turnover decreased by 37.1 per cent with the BK and Bralirwa counters registering impressive moves this last week. 

Rwanda market update

Investment in setting up a proper five-star golf course is set to place Rwanda among top destinations for golfing in East Africa. This is set to grow the sport in the country as the country angles to attract the continent’s business leaders. 

Rwanda’s golfing scene attracting new businesses 

East Africa’s education sector is buzzing as investors look to tap immeasurable opportunities in the private education space. 

Investing in Africa’s education sector

Mining Indaba roots for regional development of strong value chains

The Central Bank of Kenya has stepped in to ease the cost of borrowing by cutting the base lending rate to 10.75 per cent in what has been cited as a huge relief to the economy. 

CBEA