Traders said the weakening was underpinned by dollar buying interest by offshore market participants.

The annual index compiled by pan-African bank Absa and London-based think tank OMFIF showed that while 10 of the 29 countries surveyed recorded improvements, 11 saw declines and eight remained ...

It bears repeating, east and southern Africa is the best area in the world to expand production of crops such as maize and ...

Barely three months before campaigns began, President Yoweri Museveni has disbursed an estimated $20m nationwide in a ...

The programme, which provides significant training and facilitation for the exchange of valuable knowledge in trade and export promotions, is a tripartite cooperation between MATRADE, Malaysian ...

Global Settlement Network (GSX), the leader in blockchain infrastructure, has partnered with Diacente Group, developer of ...

The Uganda CBDC pilot has launched alongside a $5.5B tokenization plan, as Kenya's parliament passes a new crypto regulation bill.

Bitcoin is an extremely powerful tool, that can genuinely change a person's life. Brindon Mwiine tells a story of how it did ...

Together, the initiatives mark a turning point for the region’s growing digital‑asset ecosystem, combining regulatory clarity ...

Uganda has launched a CBDC pilot backed by treasury bonds as part of a $5.5 billion asset tokenization project, while Kenya ...

The $4 billion, 60,000-barrel-per-day refinery will be built in Kabaale, Hoima District, under a joint venture between UNOC ...

Market observers noted that the appreciation was supported by positive market sentiment towards the shilling, bolstered by dollar inflows from portfolio investors, residual end-of-month diaspora ...