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Economy
Resources, markets, and the contest over the continent's wealth.
Economy - 15 August 2026
UNIDO Launches Initiative To Rehabilitate Sudan's War-Damaged Industry
Khartoum, August 15, 2026 - The United Nations Industrial Development Organization has launched an initiative to support the rehabilitation of Sudan's private industrial sector, which has suffered extensive destruction…
By Jean-Marc Okito - 2 min read
Economy - 15 August 2026
Coffee Boom Raises Questions Over Local Value Retention
Kampala, August 15, 2026 - Uganda's coffee production and export earnings are rising sharply, but policymakers and economists are questioning whether the gains are translating into stronger farmer incomes and greater…
By Jean-Marc Okito - 2 min read
Economy - 14 August 2026
Rwanda Backs Electric Motorcycles With Rwf4.5 Billion Financing Deal
Kigali, August 14, 2026 - The Development Bank of Rwanda and Jali Finance Ltd signed a partnership worth more than Rwf4.5 billion to expand access to electric motorcycles and accelerate Rwanda's shift toward cleaner…
By Jean-Marc Okito - 2 min read
Economy - 14 August 2026
Central Bank Governor Defends Franc Strength And Outlines April 2027 Dollar Rules
Kinshasa, August 14, 2026 - Banque Centrale du Congo Governor Andre Wameso defended the recent appreciation of the Congolese franc, saying it was driven mainly by adjustments to reserve requirements rather than…
By Jean-Marc Okito - 2 min read
Economy - 14 August 2026
Petroleum Authority Succession Nears Decision As Oil Sector Approaches Production
Kampala, August 14, 2026 - The search for a new executive director at the Petroleum Authority of Uganda has entered its final stage, placing succession at the oil regulator under heightened attention as the country…
By Jean-Marc Okito - 2 min read
Economy - 13 August 2026
EquityBCDC And Digital Economy Ministry Sign Financial Inclusion Partnership
Kinshasa, August 13, 2026 - Digital Economy Minister Augustin Kibassa Maliba and EquityBCDC Chief Executive Willy Mulamba signed a memorandum of understanding aimed at accelerating digital transformation and financial…
By Jean-Marc Okito - 2 min read
Economy - 13 August 2026
Gisakura Tea Factory Faces Capacity Constraints As Labour Shortage Limits Output
Nyamasheke, August 13, 2026 - Gisakura Tea Factory is operating at about 60% of its processing capacity as limited supplies of fresh leaves and a shortage of tea pickers constrain output.
By Jean-Marc Okito - 2 min read
Economy - 13 August 2026
Rwanda Agricultural Exports Cross $1 Billion For First Time
Kigali, August 13, 2026 - Rwanda's agricultural exports reached $1.1 billion, about Rwf1.6 trillion, in the 2025-2026 financial year ended in June, crossing the $1 billion mark for the first time.
By Jean-Marc Okito - 2 min read
Economy - 13 August 2026
World Bank Highlights Rwanda Procurement Model For Building Local AI Industry
Kigali, August 13, 2026 - The World Bank said Rwanda can use public procurement to help develop its local artificial intelligence industry, citing the country's Public Procurement for Innovation framework as a model for…
By Jean-Marc Okito - 2 min read
Economy - 13 August 2026
MPs Reopen Scrutiny Of NSSF Temangalo Land Investment
Kampala, August 13, 2026 - Members of Parliament revived scrutiny of the National Social Security Fund’s Temangalo land investment after it emerged that the fund has failed to access 55 acres of the property nearly 18…
By Jean-Marc Okito - 2 min read
Economy - 12 August 2026
Central Bank Tightens Foreign Exchange And Customer Compliance Rules
Khartoum, August 12, 2026 - The Central Bank of Sudan restricted commercial banks' ability to buy export proceeds at their own declared exchange rates, tightening control over foreign currency operations as authorities…
By Jean-Marc Okito - 2 min read
Economy - 11 August 2026
Rwanda Invests Rwf23 Billion In Communities Around National Parks
Kigali, August 11, 2026 - Rwanda has invested more than Rwf23 billion in about 1,300 community development projects through its national park revenue-sharing program, reinforcing the link between conservation, tourism…
By Jean-Marc Okito - 2 min read