Kenya

NSE Valuation Nears KSh3trn Milestone as Shares Surge

The Nairobi Securities Exchange is close to hitting a record KSh3 trillion market value, boosted by strong investor demand as declining interest rates shift funds from bonds into equities. The market has increased by 54 per cent this year, led by blue-chip stocks like Safaricom, Equity, and KCB Group. Local investors have driven the rally, although foreign participation remains limited. Regulators have cautioned about excessive reliance on a few dominant companies. Nevertheless, analysts anticipate ongoing growth supported by stable economic conditions, robust earnings, and upcoming listings such as the Kenya Pipeline Company IPO.

(Source: Business Daily)

 

Tanzania

Latra Approves 150 Buses to Help Ease Transport After Suspension of BRT

The Land Transport Regulatory Authority (Latra) has approved 150 new buses and taxis to ease the transport crisis in Dar es Salaam following the suspension of the Bus Rapid Transit (BRT) services. The move aims to reduce congestion and provide relief to thousands of commuters stranded after disruptions linked to election-related unrest. The newly released vehicles are expected to restore normality on key routes and ensure smoother movement across the city.

(Source: The Citizen)

Uganda

Uganda Launches Sustainable Finance Curriculum To Green Its Financial Sector

Uganda has launched a national Sustainable Finance Curriculum to align its financial sector with inclusive growth, climate resilience, and international sustainability objectives. Developed by aBi Finance and the Uganda Institute of Banking and Financial Services with assistance from global partners, the programme trains finance professionals to embed environmental, social, and governance principles into decision-making. Covering topics such as sustainable investment, climate risk, and green products, it seeks to address skill shortages and encourage responsible lending and investing. Officials stated that the initiative will help establish a financial system that promotes economic growth while safeguarding the environment and enhancing resilience to climate challenges.

(Source: The Independent)

Rwanda

NCBA Rwanda Launches New Loan, Insurance Schemes To Boost Customer Experience

NCBA Bank Rwanda has launched three new products – Bancassurance, Insurance Premium Financing, and Term Loans – to improve customer protection, flexibility, and access to affordable credit. Unveiled at a premium customer event in Kigali, the products demonstrate NCBA’s dedication to integrated financial solutions supporting personal and business growth. Bancassurance provides insurance services directly through the bank, while Insurance Premium Financing allows customers to spread premium payments to ease cash flow. The Term Loans offer medium-term funding for entrepreneurs to expand or invest. NCBA leaders stated that the new offerings reinforce the bank’s mission to empower clients with practical, growth-oriented financial tools.

(Source: The New Times)

Ethiopia

Ethiopia’s Mega-Projects Cornerstones for Economic Sovereignty, Regional Integration

Ethiopia and China have signed a Bilateral Market Access Protocol at the World Trade Organisation headquarters in Geneva, marking a significant step in Ethiopia’s journey towards World Trade Organisation (WTO) membership. The agreement, signed after extensive dialogue and technical negotiations, highlights both nations’ commitment to stronger economic ties and a fair, inclusive trading system. The protocol finalises bilateral discussions on trade in goods and services within Ethiopia’s accession framework and brings the country closer to fulfilling its multilateral commitments. This milestone underscores Ethiopia’s dedication to an open, development-oriented trade environment that promotes national growth, regional integration, and Africa’s broader aim of equitable participation in global commerce.

(Source: ENA)

Sudan 

Central Bank Reverses Ban on Gold Exports 

The Sudan Central Bank has lifted its gold export ban, permitting companies to resume shipments under new rules aimed at stabilising the market and reducing tensions with exporters. Gold can now be exported at international prices, with payments made in advance or through letters of credit, and proceeds must be repatriated within thirty days. Exporters are required to adhere to the regulations of the relevant ministries and the Sudan Gold Refinery Company, with a minimum contract of 10 kilogrammes. Foreign and government entities remain prohibited, except for concession firms, while the central bank will prioritise building reserves. Despite producing 53 tonnes of gold in nine months, export revenues stayed below USD$909 million, and widespread smuggling to the United Arab Emirates (UAE) and Egypt continues to deplete Sudan’s foreign currency reserves.

(Source: Sudan Tribune)