Kenya Overtakes Nigeria as Africa’s Biggest Market for Deals
The Kenya M&A market jumped 670.5% to US$1.44bn in H1 2026 while Nigeria's fell 88.9% to US$105.8m, on new DealMakers...
September 1, 2026Topic
East Africa
Three Tycoons Are Spending US$600 Million to Stop East Africa Importing Cement’s Key Ingredient
East Africa clinker imports are under attack as Narendra Raval and Edha Nahdi commit about US$600 million to local plants,...
September 1, 2026
Nedbank Cleared to Buy Two Thirds of Kenya’s NCBA for US$842 Million
Kenya's central bank has approved Nedbank's R13.9 billion (US$842 million) acquisition of up to 66% of NCBA Group. What shareholders...
September 1, 2026
Ethiopia’s Currency Auction Went From 28 Bidders to Five in Two Weeks
The Ethiopia forex auction drew 28 banks on 12 August and only five on 26 August, with total bids down...
September 1, 2026
I&M Group Cleared US$79 Million, Led by Rwanda and Uganda
I&M Group made Sh10.2 billion after tax in the six months to June, with Rwanda and Uganda growing fast while...
August 28, 2026
Ethiopia Wants AFCON 2028 and Is Racing to Build Its Stadiums
The Ethiopia AFCON 2028 bid went to CAF again on 24 August, but the country has two approved stadiums and...
August 28, 2026
Kenya Airways Plans US$22m of Wi-Fi as Its Losses Widen
The Kenya Airways Wi-Fi rollout starts on long-haul aircraft in Q2 2027 at US$20-22m, announced with a Ksh16.1 billion (US$124m)...
August 28, 2026
Zanzibar Starts Spending a US$3.1 Billion Health Promise With Washington
The Tanzania US health agreement, worth about US$3.1 billion over five years, entered implementation talks with Zanzibar officials this week.
August 27, 2026
Nairobi’s Small Importers Say a New Customs Floor Will Finish Them
A customs rise from Sh2.5m (US9,300) to Sh3.2m (US4,700) per container has Nairobi traders threatening a nationwide shutdown on 28...
August 27, 2026