east africa economy Stories

Rwanda overtakes Kenya to become second freest economy in EAC
Alfred Onyango  |  Apr 22, 2025

The Index by the economic think-tank The Heritage Foundation ranks Rwanda second in the bloc, with an economic freedom score of 54.8, behind Tanzania,...

Power drives global affairs today, not rules – What Africa’s strategies should be
The Conversation  |  Apr 15, 2025

African countries, which have contributed least to global climate change, are pressured to assume greater responsibility with little international sup...

South Africa finally has a masterplan for a renewable energy industry: What it says
The Conversation  |  Apr 15, 2025

The masterplan has been drawn up so that it aligns with South Africa’s existing national target of adding 3–5 gigawatts of renewable energy capacity e...

Africa has achieved only 4 per cent of Vision 2030 SDGs target - lobby
Alfred Onyango  |  Jul 08, 2024

On what is causing the slowed progress, the the Alliance for a Green Revolution in Africa (AGRA) says economic constraints are in the lead.

East Africa to power Africa’s growth in 2024 despite headwinds
Alfred Onyango  |  Jun 01, 2024

According to the latest African Economic Outlook by the African Development Bank (AfDB), the region is poised to record a 4.9 per cent GDP growth, the...

South African vote tallying enters final stages with ANC on 40 per cent
Reuters  |  Jun 01, 2024

The ANC has won every previous national election since the historic 1994 vote that ended white minority rule, but over the last decade, its support ha...

Africa Day: Celebrating milestones in pursuit of continental progress
Hanifa Adan  |  May 25, 2024

This year’s theme, “Educate an African Fit for the 21st Century,” highlights education's pivotal role in shaping the continent’s future.

African firms trailing in use of digital tech for business growth - IFC study
Bashir Mohammed  |  May 19, 2024

Several ongoing challenges hinder the full adoption of digital technologies, among them the high cost of equipment in Sub-Saharan Africa.

Explainer: What is the IDA Replenishment Summit currently underway in Nairobi?
Amina Wako  |  Apr 29, 2024

In the draft "Nairobi IDA Communique" to be deliberated upon, African leaders will outline urgent priorities for IDA's upcoming three-year funding cyc...

World Economic Forum: Kagame urges world to explore Africa's untapped potential
Bashir Mohammed  |  Apr 28, 2024

The Rwandan leader noted the crucial need for global collaboration with Africa, citing its vital contributions to international relations.

'Muted' South African economy skirts recession as election looms
AFP  |  Mar 05, 2024

The economy has been slumbering for several years, battered by a prolonged energy crisis resulting in daily power blackouts.

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