South Sudan Restarts Salary Payments After Months of Arrears
South Sudan salaries are to flow again after a ministerial committee ordered payments on 20 August. No date has been...
August 23, 2026Topic
East Africa
World Bank Bars Kenya’s eCitizen Builder Over a Somalia Contract
A World Bank debarment has shut Webmasters Kenya and its founder out of Bank-financed contracts until June 2031 over a...
August 23, 2026
Kenyan Banks Hold US$17 Billion of Their Own Government’s Debt
Kenya banks government debt holdings run to about KSh 2.2 trillion, or US$17 billion, which the World Bank puts at...
August 23, 2026
Most of Equity Group’s Lending Has Left Kenya. Most of Its Profit Has Not
Equity Group half-year profit rose 32% to KSh45.5 billion, US$351 million, as units outside Kenya passed half of group deposits...
August 22, 2026
Kenya Says Dangote Has Offered It a Tenth of the Lamu Refinery
A Dangote Lamu refinery stake of 10%, worth about US$500 million, has been offered to Kenya, with 30% on the...
August 22, 2026
Chinese Builders Are on Every Package of Ethiopia’s New Airport
The Bishoftu airport shortlist puts ten Chinese contractors across all four packages of a US$12.5bn first phase, with one US...
August 21, 2026
Djibouti Is Repricing Its Sky for the First Time Since 2002
Djibouti overflight charges are being rewritten for the first time since 2002, with a new en-route fee and a passenger...
August 21, 2026
Kenya Moved Three Railway Loans Out of Dollars and Into Yuan
Kenya yuan debt has more than doubled to 11.7% of external borrowing, worth about US$5.1bn, after three SGR loans were...
August 21, 2026
Ethiopia Birr Hits Record Low as Central Bank Sells US$500 Million in One Day
The Ethiopia birr fell to a record low near 162 per dollar, and the central bank called a US$500m special...
August 20, 2026