Topic
East Africa,
Uganda Shilling Hits Record Low Near Shs4,250/$ as Central Bank Returns to Dollar Sales
The Uganda shilling fell to a record low near Shs4,250 per dollar, wiping out the gains from a 225-point rate hike. Why it is sliding and what comes next.
Kenya Pipeline Company: Dangote Buys 25% Stake for $327 Million in NSE Block Trade
Aliko Dangote has bought 25% of Kenya Pipeline Company for about $327m in an NSE block trade, months after KPC's IPO. The price, the asset and the risks.
Kenya GDP Growth Holds at 5.1% in Q2 2026 Despite $104 Oil
Kenya GDP growth reached 5.1% in Q2 2026, up from 4.9% a year earlier, as electricity, hotels and ICT outpaced farming. What it means for rates and the shilling.
Somalia Confirms Uranium, Lithium and Cobalt Deposits as It Courts Foreign Investor
Somalia has confirmed uranium, lithium and cobalt deposits as it seeks foreign investment — here's what's known, and what isn't, about the find.
Nairobi NSE Market Brief: Kenyan Stocks Steady Ahead of CBK Decision
Kenya's stock market traded mixed in early August as investors prepared for the Central Bank of Kenya's monetary policy decision. The NASI gained 0.50%, while the NSE 20 and NSE 10 indices declined.