East africa business news

Here are some recent business news stories from East Africa:

Kenya

  1. Kenya's economy grows 5.4% in 2022: The Kenyan economy grew by 5.4% in 2022, driven by a rebound in the manufacturing and construction sectors, according to the Kenya National Bureau of Statistics (KNBS).
  2. Safaricom launches new mobile money service: Safaricom, Kenya's largest mobile network operator, has launched a new mobile money service called M-Pesa Global, which allows customers to send and receive money across borders.
  3. Kenya's coffee exports rise 14%: Kenya's coffee exports rose by 14% in 2022, driven by increased demand from international buyers, according to the Kenya Coffee Exporters Association.

Tanzania

  1. Tanzania's economy grows 6.8% in 2022: Tanzania's economy grew by 6.8% in 2022, driven by a rebound in the mining and manufacturing sectors, according to the National Bureau of Statistics (NBS).
  2. Tanzania's port of Dar es Salaam to be upgraded: The port of Dar es Salaam, Tanzania's largest port, is set to be upgraded with a new container terminal and other infrastructure improvements, aimed at increasing its capacity and efficiency.
  3. Tanzania's tourism sector grows 15%: Tanzania's tourism sector grew by 15% in 2022, driven by increased arrivals from international visitors, according to the Tanzania Tourist Board.

Uganda

  1. Uganda's economy grows 5.3% in 2022: Uganda's economy grew by 5.3% in 2022, driven by a rebound in the agriculture and services sectors, according to the Uganda Bureau of Statistics (UBOS).
  2. Uganda's oil production to start in 2025: Uganda's oil production is expected to start in 2025, with the country's first oil refinery set to be commissioned in the same year, according to the Ministry of Energy and Mineral Development.
  3. Uganda's coffee exports rise 12%: Uganda's coffee exports rose by 12% in 2022, driven by increased demand from international buyers, according to the Uganda Coffee Development Authority.

Ethiopia

  1. Ethiopia's economy grows 8.5% in 2022: Ethiopia's economy grew by 8.5% in 2022, driven by a rebound in the agriculture and manufacturing sectors, according to the Central Statistical Agency (CSA).
  2. Ethiopia's coffee exports rise 10%: Ethiopia's coffee exports rose by 10% in 2022, driven by increased demand from international buyers, according to the Ethiopian Coffee and Tea Development and Marketing Authority.
  3. Ethiopia's telecom sector to be liberalized: Ethiopia's telecom sector is set to be liberalized, with the government planning to issue new licenses to private operators, aimed at increasing competition and improving services.

Rwanda

  1. Rwanda's economy grows 8.2% in 2022: Rwanda's economy grew by 8.2% in 2022, driven by a rebound in the agriculture and services sectors, according to the National Institute of Statistics of Rwanda (NISR).
  2. Rwanda's tourism sector grows 15%: Rwanda's tourism sector grew by 15% in 2022, driven by increased arrivals from international visitors, according to the Rwanda Tourism Board.
  3. Rwanda's coffee exports rise 12%: Rwanda's coffee exports rose by 12% in 2022, driven by increased demand from international buyers, according to the Rwanda Coffee Development Authority.

These are just a few examples of the many business news stories from East Africa.