Trade and Financial Service Round Up: Issue No. 25 of 2026
Kenya
Court Rejects Coffee Millers’ Debt Recovery Claim
The High Court has dismissed Thika Coffee Mills’ claim to recover KSh32.6 million from Buchana Coffee Growers Cooperative Society, ruling that the financing arrangement was unconscionable and created a cycle of indebtedness for farmers.
The court found that the miller, which acted simultaneously as lender, processor and marketer, had already recovered most of the funds advanced and was not entitled to further payments. A counterclaim by the cooperative was also dismissed due to insufficient evidence.
(Business Daily)
Tanzania
Strong Demand for Long-Term Bonds Drives Yields Lower
Investor appetite for Tanzania’s 25-year Treasury bond significantly exceeded supply, with bids reaching 1.46 trillion shillings against an offer of 243.05 billion shillings.
The strong oversubscription reflects ample market liquidity and sustained demand for government securities. As a result, the weighted average yield declined to 11.89% from 11.99%. Equity trading on the Dar es Salaam Stock Exchange also rose sharply, led by banking stocks, although foreign investors remained net sellers.
(Daily News)
Uganda
World Bank Urges Greater Focus On Human Capital Investment
The World Bank has urged Uganda to increase investment in human capital development, particularly in education, health, social protection, and water and sanitation, as part of its Tenfold Growth Strategy.
While acknowledging ongoing improvements, the institution warned that current allocations may be insufficient to achieve the country’s ambition to become a competitive upper-middle-income economy by 2040. In the 2026/27 budget, approximately UGX 13 trillion has been allocated to social sectors, compared with UGX 33 trillion for debt servicing.
The World Bank has recommended a stronger focus on wealth creation, job quality, governance, and infrastructure to support long-term economic transformation.
(The Independent)
Rwanda
SKOL Signs Multi-Year Sponsorship Deal With BK Premier League
SKOL Brewery has signed a sponsorship agreement worth approximately Rwf 915 million with the BK Premier League, effective from the 2026/27 season and running for three years.
The partnership will see an annual investment of around Rwf 305 million to support the professionalisation of Rwanda’s top-flight football league and improve the matchday experience for fans. The agreement underscores SKOL’s continued commitment to sports development in Rwanda.
(The New Times)
Ethiopia
Tourism Positioned As Key Driver Of Economic Growth
Prime Minister Abiy Ahmed has described tourism as a central pillar of Ethiopia’s economic strategy, highlighting efforts to reposition the sector by developing and promoting natural, cultural, and historical assets.
He noted the country’s diverse landscapes, wildlife and heritage sites as major competitive advantages, while acknowledging that limited promotion and infrastructure gaps have historically constrained the sector’s full potential.
(ENA)
Sudan
Debate Emerges Over Central Bank Digital Payment Switch
A new digital payments platform launched by Al-Asjad has sparked debate within Sudan’s banking sector. The system aims to unify banks under a centralised switch to expand electronic payment services and improve financial connectivity.
Bank of Sudan sources indicated that the initiative responds to growing demand for modern retail banking infrastructure, enabling institutions without proprietary switches to access point-of-sale systems, issue bank cards, and connect ATMs more efficiently.
(The Sudan Tribune)
Somalia
SOMINVEST Showcases Industrial Vision In Beijing
SOMINVEST has presented Somalia’s industrialisation and investment strategy at a high-level forum in Beijing, positioning the country as an emerging destination for foreign direct investment.
The agency highlighted opportunities across manufacturing, energy, infrastructure, agriculture, fisheries and logistics, while engaging Chinese investors and financial institutions to attract capital and accelerate long-term economic transformation.
(SONNA)
