Kenya
Uganda appoints Vitol to market 'Pearl Sweet' crude ahead of 2027 exports
Uganda, close to commercial oil exports, appoints global commodities trader Vitol to market the government and Uganda National Oil Company’s allocation of newly branded 'Pearl Sweet' crude.
Kenya appoints James Mworia CEO of infrastructure fund targeting $38.6bn investment
Kenya’s National Infrastructure Fund is intended to use public seed capital and privatisation proceeds to crowd in private and institutional investment for major infrastructure projects.
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COMMENT: COP17 desertification summit delivered mixed results but important momentum
Nature Conservancy’s director of biodiversity and infrastructure policy releases closing statement after Ulaanbaatar conference.
China's Africa relationship is getting bigger and narrower at once - IIF
China's economic hold over Africa has stopped running through loans and started running through container ships.
Sendwave, Wise restrict Kenya transfers amid heightened AML scrutiny
The payment restrictions come as Kenya remains on the Financial Action Task Force’s list of jurisdictions under increased monitoring, commonly known as the grey list.
The Black Sea war sends world wheat prices up
The US Department of Agriculture has cut its forecasts for Russian and Ukrainian grain exports because of the Black Sea shipping war. The prices of every rival exporter have gone up.
Kenyan crypto startups eye Mauritius, South Africa over steep capital rules
Kenyan crypto startups are considering moving operations as new regulations impose minimum paid-up capital requirements difficult for early-stage businesses to raise.
China’s Africa investment surge shifts the contest from capital to value
Africa’s pipeline is expanding rapidly at a time when officially measured Chinese investment across the wider BRI is declining.
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Number of people living in each city - OWID
Most of the world’s fastest-growing megacities will soon be in Africa. Many cities across East Asia and Latin America have grown quickly over the last few decades.
African startup funding steadies at $1.44bn as debt, climate tech and consolidation reshape market – report
African startups raised $1.44bn in H1. While deal numbers fell 42%, acquisitions, cross-border expansion and corporate partnerships increased sharply.
Airtel Money selects London for planned 2026 IPO
Airtel Money is among Africa’s biggest mobile financial services platforms, serving 56.5mn customers across 14 countries.
Afreximbank chief says fair credit ratings are key to Africa’s industrialisation
In 2025, Botswana, Morocco and Mauritius were the only African countries with investment-grade sovereign ratings; some are not rated at all and are excluded from accessing international capital markets.
Mega-deals, debt financing and M&A drive African startup funding to $1.44bn in H1 2026
Investors backed fewer African startups in H1 2026 than a year ago, but deals were larger, with electric mobility Spiro leading funding, while M&A activity reached a record high.
Sub-Saharan Africa's green transition could create up to 84.5mn jobs by 2050, report says
Africa's green transition is expected to be driven by decentralised, service-based industries such as clean cooking, off-grid solar, waste recycling and electric mobility.
Nigeria's Daya raises $2.4mn to expand stablecoin payment network across Africa
Daya's oversubscribed pre-seed funding highlights investor confidence in blockchain-based financial infrastructure as African businesses increasingly adopt digital dollar settlements.
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World Bank backs Eastern Africa power grid integration with $1.6bn programme
The World Bank Group has approved a $1.6bn financing package for the RETRADE-EA, a 10-year initiative aimed at expanding cross-border electricity trade in east Africa and strengthening regional grid integration.
Toyota launches EV sport utility vehicle bZ4X in Kenya, following South Africa and Morocco rollouts
Toyota has launched the fully electric bZ4X in Kenya, extending its gradual rollout of battery electric vehicles across Africa after earlier introductions in Morocco in April and South Africa last month.
World Bank cuts Sub-Saharan Africa growth forecast as energy shock bites
The World Bank warns that higher energy costs and weaker external demand stemming from the Middle East conflict are outweighing the benefits of structural reforms, stronger commodities prices
Illicit gold networks fuelling conflict, organised crime across Africa and global south, GI-TOC warns
Illicit gold has become a critical source of financing for organised crime, armed groups and sanctioned regimes across Africa, a Global Initiative Against Transnational Organized Crime report finds.
Amazon selects Kenya for first African satellite gateway in Project Kuiper challenge to Starlink
Amazon selects Kenya as the location for its first African satellite gateway, advancing the rollout of Project Kuiper (Amazon Leo) to compete with Starlink in the East African market.