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    East Africa

    World Bank Ready to Fund Standard Gauge Railway Project Following Talks with President Museveni

    April 1, 2026April 1, 2026 0 Shares
    The World Bank has pledged financial support for Uganda’s long-anticipated Standard Gauge Railway (SGR) project following high-level discussions with President Yoweri Kaguta Museveni at State Lodge, Nakasero. The financial pledge...

    Uganda, Tanzania Move to Eliminate Trade Barriers in Bid to Correct UGX 9 Trillion Trade Imbalance

    March 15, 2026March 15, 2026 0 Shares
    Uganda and Tanzania have agreed to eliminate all outstanding non-tariff barriers, a move intended to fix a trade relationship currently weighed down by a 9 trillion shilling ($2.4 billion) imbalance....

    Airtel Africa records $586 million net profit as data revenues lead growth

    February 2, 2026February 2, 2026 0 Shares
    Airtel Africa has posted a sharp rebound in profitability for the nine-month period ended 31 December 2025, reporting a net profit of $586 million, driven largely by surging data revenues,...

    Why East Africa Matters to Standard Bank Group — Sim Tshabalala Explains

    February 2, 2026February 2, 2026 0 Shares
    By Sim Tshabalala, CEO of Standard Bank Group Africa continues to stand out as a compelling opportunity in the global landscape. Strong GDP growth forecasts, a powerful demographic dividend, and...

    Uganda Climbs to 3rd Position in Africa’s Financial Markets Rankings, Takes Lead across East Africa

    January 27, 2026January 27, 2026 0 Shares
    Uganda has moved up to third position in Africa’s financial markets rankings, overtaking Nigeria and consolidating its position as the leading financial market in East Africa. According to the Absa...

    COMESA Fines Diageo USD 750,000 for Unfair Distribution Deals in Uganda, Eswatini and Zambia

    Paul MurungiEast AfricaManufacturing & IndustryTechnology & InnovationThe Big StoryOctober 13, 2025October 21, 2025

    The Common Market for Eastern and Southern Africa (COMESA) Competition Commission has imposed a fine of USD 750,000 on global alcoholic beverages manufacturer Diageo Plc, the majority shareholder in East…

    CEOs SHAPING TANZANIA: Peter Situmbeko Nalitolela, Chief Executive Officer, Dar es Salaam Stock Exchange

    CEO ReporterEast AfricaAugust 5, 2025August 5, 2025

    Peter Situmbeko Nalitolela is the Chief Executive Officer of the Dar es Salaam Stock Exchange from August 2024 and also serves as a Board Member of the CSD & Registry…

    CEOs SHAPING TANZANIA: Manzi Rwegasira, Chief Executive Officer, Stanbic Bank Tanzania

    CEO ReporterEast AfricaJuly 30, 2025July 30, 2025

    Manzi Rwegasira is the CEO, Stanbic Bank Tanzania, a position he has held since October 1, 2023, having prior served as Head of Corporate & Investment from 2019. Before that,…

    CEOs SHAPING TANZANIA: Ravneet Chowdhury, CEO DTB Tanzania

    CEO ReporterEast AfricaJuly 24, 2025July 24, 2025

    Ravneet Chowdhury is the CEO of DTB Tanzania, a position he has held since 1st October 2020. He has over 3 decades of Banking knowledge and global exposure in executive…

    CEOs SHAPING TANZANIA: Abdulmajid Mussa Nsekela, CEO, CRDB Bank Plc

    CEO ReporterEast AfricaJuly 23, 2025July 23, 2025

    Abdulmajid Mussa Nsekela is the Group Chief Executive Officer (CEO) and Managing Director of CRDB Bank Plc, a position he was appointed to in October 2018. He joined CRDB from…

    Geofrey Mchangila, CCO & CEO, Citibank Tanzania Ltd

    CEOs SHAPING TANZANIA: Geofrey Mchangila, CCO & CEO, Citibank Tanzania Ltd

    CEO ReporterEast AfricaJuly 18, 2025July 18, 2025

    Geofrey Mchangila is the CCO & CEO for Citibank Tanzania Limited, a subsidiary of Citigroup, focusing on providing financial services to large corporations and institutions. He has over 18 years…

    CEOs SHAPING TANZANIA: Marie Mercelle, Chief Executive Officer, BRAC Tanzania Finance Ltd

    CEO ReporterEast AfricaJuly 18, 2025July 18, 2025

    Marie Mercelle is the Chief Executive Officer, BRAC Tanzania Finance Ltd BRAC began its operations in Tanzania in 2006 with the mission to empower individuals and communities living in poverty,…

    CEOs SHAPING TANZANIA: Esther Maruma, Managing Director, Bank of Africa

    CEO ReporterEast AfricaJuly 17, 2025July 17, 2025

    Esther Maruma is a ‘mompreneur’ and Managing Director, Bank of Africa in Tanzania since may 2024. “With over a decade of experience in the banking sector, my career has been…

    CEOs SHAPING TANZANIA: Esther Mang’enya, Managing Director, Azania Bank

    CEO Reporter100 Most Trusted & Respected CompaniesEast AfricaJuly 16, 2025July 17, 2025

    Esther Mang’enya is the Managing Director of Azania Bank. She is responsible for managing the bank’s overall operations by ensuring the effective and efficient implementation of the agreed plans, budget,…

    CEOs SHAPING TANZANIA: Dominic Osumo, Chief Executive Director, ARiS Risk & Insurance Solutions Limited

    CEO ReporterEast AfricaJuly 14, 2025July 15, 2025

    Dominic Osumo is the Chief Executive Director, ARiS Risk & Insurance Solutions Limited. ARiS started as an insurance agency with a small office in Dar-es-Salaam, Tanzania in 1998. It was…

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