Afreximbank has extended $50 million in debt financing to African electric mobility company Spiro, as the firm scales up its clean transport infrastructure across the continent. The transaction, first reported…
South African capital, long dominant in Southern Africa and deeply embedded across the continent, is now moving decisively north-east. Kenya, Uganda, Tanzania, and Rwanda are no longer peripheral growth outposts….
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…
In a sweeping diplomatic shake-up that has resonated across continents, the Trump administration is recalling nearly 30 U.S. ambassadors and senior career diplomats from posts around the world, a move…
Rwanda’s continued commitment to environmental protection has led to the promulgation of Law nº 010/2025 of 27/05/2025 establishing an environmental levy on imported items packaged in plastic materials (the “New…
The African Tax Administration Forum (ATAF) has appointed the former Commissioner General of Rwanda Revenue Authority, Ms. Mary Baine as its new Executive Secretary, effective 1 July 2025. Ms. Baine…
Rwanda’s ongoing dedication to financing its national development goals through tax law reforms has resulted in the promulgation of Law nº 011/2025 of 27/05/2025 establishing the excise duty (the “New…
The European Patent Office (EPO) has selected two Ugandans as part of the top 10 global innovators for the first standalone edition of the Young Inventors Prize 2025. Sandra Namboozo…
Airtel Africa has struck a deal with SpaceX to bring Starlink’s high-speed satellite internet to its 14-country footprint with the agreement set to initially focus on nine countries. Currently, SpaceX…
The Democratic Republic of Congo (DRC) has become the fifth East African member state to officially authorise Starlink to operate as an internet service provider in the country, marking a…
