While mineral resources underpin many African economies, a critical question persists: do African countries truly know the extent and value of what lies beneath their […]
Category: Business
Uganda Launches $11.5 Million Climate-Resilient Cross-Border Market in Elegu to Boost Regional Trade and Empower Vulnerable Groups
The Ugandan government, in partnership with the Royal Danish Embassy Kampala (DANIDA) and the European Union Delegation under the Team Europe framework, has launched a […]
Kenya and Iran Set 60-Day Deadline to Restore Tea Trade amid Scandal and Reform
Kenya and Iran have agreed to a 60-day timeline for lifting Iran’s ban on Kenyan tea exports, following a disruption caused by trade malpractice involving […]
Africa’s $5 Trillion GDP Goal: Turning Potential into Prosperity by 2040
Africa is standing at a crucial turning point. With the world’s youngest population, abundant natural resources, and a fast-growing digital economy, the continent has the […]
President Museveni Meets Former Nigerian Leader Obasanjo, Discusses Boosting Dairy Exports
President Yoweri Kaguta Museveni welcomed His Excellency Olusegun Obasanjo, the former President of Nigeria, to State House in Entebbe on August 8, 2025. The two […]
EAC Posts $0.8 Billion Trade Surplus as Exports Surge in Early 2025
The East African Community (EAC) has recorded a major economic milestone — a trade surplus of $0.8 billion in the first quarter of 2025. This […]
U.S. Tariffs Push Africa Closer to China – But At What Cost?
As steep U.S. tariffs shake African economies, China is stepping in with trade relief and deeper partnerships. But while the pivot toward Beijing offers short-term […]
Mombasa Port Remains Uganda’s Key Trade Gateway despite Rising Competition
The Port of Mombasa has successfully maintained its position as the main gateway for Uganda’s imports and exports, despite increasing competition from Tanzania’s Port of […]
Tanzania Launches Major Cargo Shift with New Kwala Dry Port Project
The Tanzania Ports Authority (TPA) has signed a new agreement to begin the transfer, storage, and transportation of cargo from the Port of Dar es […]
AfDB Invests Sh67.7 Billion to Expand Clean Energy in Tanzania, Rwanda, and Zambia
The African Development Bank (AfDB) has approved a Sh67.7 billion funding package to boost clean energy and improve electricity access in Tanzania, Rwanda, and Zambia. […]