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TodayFriday, May 01, 2026

Rwanda

In November 2024, President Museveni officially launched construction of the Kampala–Malaba Standard Gauge Railway, marking a major milestone in Uganda’s long-delayed efforts to modernise transport and boost regional connectivity.
In November 2024, President Museveni officially launched construction of the Kampala–Malaba Standard Gauge Railway, marking a major milestone in Uganda’s long-delayed efforts to modernise transport and boost regional connectivity.

Uganda Turns to Citibank After Years of SGR Delays Over Financing

Uganda’s decision to contract Citibank to mobilise funding for its Standard Gauge Railway (SGR) marks a significant turning point for a project that has faced years of delays, largely due to financing
April 16, 2026
President Museveni commissioned Spiro’s electric motorbike operations in Uganda at an event held at the National Leadership Institute (NALI), Kyankwanzi, on July 11, 2024.

Afreximbank Extends $50 Million Debt Financing to Spiro Electric Mobility Company

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 by Africa
February 25, 2026
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Standard Bank’s Sim Tshabalala, Absa Group’s Kenny Fihla, MTN Group CEO Ralph Mupita, SanlamAllianz’s Heinie Werth, Nedbank Group’s Jason Quinn, and Old Mutual’s Jurie Strydom represent more than individual corporate leaders. Collectively, they sit at the helm of institutions controlling hundreds of billions of dollars in assets, deposits, premiums, and market capitalisation across Africa. Their strategic decisions influence capital flows, credit creation, insurance penetration, and digital finance ecosystems across multiple markets. As they pivot attention toward East Africa, they are not merely expanding footprints; they are reshaping regional banking, telecom, insurance, and investment architecture for the next phase of continental growth.
Standard Bank’s Sim Tshabalala, Absa Group’s Kenny Fihla, MTN Group CEO Ralph Mupita, SanlamAllianz’s Heinie Werth, Nedbank Group’s Jason Quinn, and Old Mutual’s Jurie Strydom represent more than individual corporate leaders. Collectively, they sit at the helm of institutions controlling hundreds of billions of dollars in assets, deposits, premiums, and market capitalisation across Africa. Their strategic decisions influence capital flows, credit creation, insurance penetration, and digital finance ecosystems across multiple markets. As they pivot attention toward East Africa, they are not merely expanding footprints; they are reshaping regional banking, telecom, insurance, and investment architecture for the next phase of continental growth.

South Africa’s capital is moving north-east, and East Africa is increasingly the preferred landing strip

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. They are
February 13, 2026
A photo collage of Uganda's Finance Minister Matia Kasaija, Finance Ministry Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, Bank of Uganda Governor, Michael Atingi-Ego, and Absa Bank Uganda Managing Director, David Wandera.

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

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 Africa Financial
January 27, 2026
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A photo collage of U.S Ambassador to Uganda, William W. Popp, U.S Ambassador to Nigeria, Richard Merrill Mills Jr., and U.S Ambassador to Rwanda, Eric W. Kneedler.

Uganda, Rwanda and Nigeria Affected as Trump Recalls Nearly 30 Ambassadors Globally

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 officials describe
December 23, 2025
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