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Economy
Resources, markets, and the contest over the continent's wealth.
Economy - 7 August 2026
Kinshasa Opens 60-Day Probe Into Uranium Claims In Cobalt Exports
Kinshasa, August 7, 2026 - The Congolese government has opened a 60-day investigation into allegations of uranium contamination in cobalt exports linked to Tenke Fungurume, one of the country's largest copper-cobalt…
By Jean-Marc Okito - 2 min read
Economy - 7 August 2026
Irrigation Push Aims To Cut Rwanda's Fruit Import Dependence
Kigali, August 7, 2026 - Rwanda is expanding irrigation for fruit production as part of efforts to reduce reliance on imports from neighboring countries and raise yields in crops including avocados and nuts.
By Jean-Marc Okito - 2 min read
Economy - 7 August 2026
Rwanda Frames Conservation As Green Economy Asset
Kigali, August 7, 2026 - Rwanda is seeking to deepen its conservation model by treating forests, wildlife, biodiversity and restored landscapes as productive economic assets, aligning environmental protection with jobs…
By Jean-Marc Okito - 2 min read
Economy - 7 August 2026
Rwanda's Industrial Parks Face Delays And Infrastructure Gaps
Kigali, August 7, 2026 - Rwanda's industrial park program is facing persistent delays, infrastructure gaps and limited activity at some sites years after they were established, raising questions about execution of a…
By Jean-Marc Okito - 2 min read
Economy - 7 August 2026
Stanbic Uganda launches direct Yuan payment system to boost trade with China
Kampala, August 7, 2026 - Stanbic Bank’s Chief Executive, Mumba Kalifungwa during the launch of CIPS at the inaugural Stanbic-China Trade Forum on Tuesday Stanbic Bank Uganda has become the first financial institution…
By Jean-Marc Okito - 2 min read
Economy - 7 August 2026
Uganda, Tanzania seal deal to develop Tanga into regional energy hub
Kampala, August 7, 2026 - The agreement, signed on Thursday by the Uganda National Oil Company (UNOC), the Tanzania Petroleum Development Corporation (TPDC) and Vitol Bahrain E.C., provides the framework for the…
By Jean-Marc Okito - 2 min read
Economy - 6 August 2026
DRC Bans Copper And Cobalt Concentrate Exports To Push Local Processing
Kinshasa, August 6, 2026 - The Congolese government has enacted a new mining export regime banning shipments of copper and cobalt concentrates, a major policy shift intended to force more local processing and value…
By Jean-Marc Okito - 2 min read
Economy - 6 August 2026
Central Bank Restores National Electronic Payment Switch
Khartoum, August 6, 2026 - The Bank of Sudan reactivated the national electronic payment switch after more than three years of war-related disruption, marking a significant step toward restoring the country's damaged…
By Jean-Marc Okito - 2 min read
Economy - 6 August 2026
Smuggled Sudanese Gold Is Laundered Through South Sudan
Khartoum, August 6, 2026 - Sudanese gold continues to be smuggled across land borders into South Sudan, where traders say it is recast, documented as locally mined and exported onward through Juba to international markets.
By Jean-Marc Okito - 2 min read
Economy - 6 August 2026
Sudan Projects 9% Growth Despite War Damage And Power Crisis
Khartoum, August 6, 2026 - Sudan's Finance Ministry projected gross domestic product growth of 9% this year as inflation slows, offering an optimistic outlook for an economy still heavily constrained by the war between…
By Jean-Marc Okito - 2 min read
Economy - 6 August 2026
EACOP hosts Bank of Uganda Governor, Judiciary heads
Kampala, August 6, 2026 - Bank of Uganda Governor Dr Michael Atingi-Ego has said the progress of the East African Crude Oil Pipeline (EACOP) is critical to Uganda’s macroeconomic outlook, noting that government revenue…
By Jean-Marc Okito - 2 min read
Economy - 6 August 2026
Uganda Presses Banks To Cut Credit Costs For Manufacturers
Kampala, August 6, 2026 - State Minister for Trade, Industry and Cooperatives David Bahati has urged commercial banks to lower lending rates for manufacturers, warning that expensive credit is constraining Uganda's…
By Jean-Marc Okito - 2 min read