The EastAfrican
PRIME A night under the stars at Ole Kule. For a clearer and in-depth understanding of the political and economic issues in the East African region. The EastAfrican offers analysis on politics, economics, business and science from East Africa.
News - The EastAfrican
Why Samia postponed Cuba trip Nov 08 - 3 min read PRIME As Trump reality sinks in, Biden fizzles out of African eyes Nov 07 - 4 min read Sadc calls for crisis meeting over Mozambique post-poll chaos Nov 07 - 4 min read PRIME South Sudan holdouts agree to resume peace talks in Nairobi Nov 06 - 3 min read SA closes border with Mozambique over post-poll violence
African lenders risking it all with government bonds
1 day ago · The European Investment Bank (EIB) says in its latest annual finance in Africa report that the lenders’ appetite for government securities is a risk to them, even as it has also contributed to limited and expensive credit to private sector players. The Report, ' Unlocking investments in an era of digital transformation and climate transition ...
East Africa - The EastAfrican
When the Nadapal–Nakodok project was first mooted in 2015, the 11-kilometre road was meant to be completed in three months. Officials say it will monitor compliance with the ceasefire between the two countries, but also between the M23 and the Congolese army. A …
Africa’s private capital investments decline by over $1.5 billion in ...
1 day ago · Private capital investments in Africa have fallen significantly amid limited opportunities in fields beyond infrastructure, owing to difficult macroeconomic conditions and forex problems on the continent. A new report says these investments fell by 23 per cent to $5 billion in 2023, a drop from $6.5 billion a year earlier.
East Africa corporate deals dip 18pc on low Kenya activity
Oct 13, 2024 · The number of reported corporate deals in East Africa dropped by nearly a fifth in the first seven months of the year compared to the corresponding period in 2023, largely due to reduced activity in Kenya. Deals data compiled by advisory firm I&M Burbidge Capital shows that the count fell to 73 between January and July from 89 in 2023.
Once dormant, East Africa Standby Force 'ready to deploy'
Jan 26, 2024 · The East Africa Standby Force (EASF) says it's ready to deploy troops to the region to help end ongoing conflicts. But officials say it will for now prioritise diplomatic efforts, which have traditionally taken precedence in similar crises in the past, as it refines its tools. In its current form, the regional force is usually made up of troops ...
How Kenya's unemployment rate rose highest in East Africa
Sep 8, 2022 · Kenya's unemployed is almost twice the 2.7 percent East African average, with Rwanda having the lowest rate of unemployment at 1.6 percent. Tanzania, which had a higher rate of unemployment than Kenya in 2013, has lowered its rate below second-placed Ethiopia and third-placed Uganda in the region. “One of the reasons is the greater adoption ...
A tough and rough year for East African startups
5 days ago · Central Africa recorded the largest drop yet, from $46 million last year to 6 million, while West Africa’s venture capitalist funding to startups fell 57 percent to $185 million from $431 million. North Africa’s remains the top attractor of VC deals, albeit a fall from last year’s 532 million to $368 million. With the funding drought, the ...
Kenya rocked by protests - The EastAfrican
Jul 16, 2024 · By NATION AFRICA. Show plans. Kenya’s anti-government street demonstrations resumed on Tuesday after a two-week break, with the country’s youth demanding more reforms at both national and county governments. Although President William Ruto succumbed to the protesters’ pressure and withdrew Finance Bill 2024, sacked his entire Cabinet and ...