Kenya 

Section of Coptic Roundabout in Kisumu to Be Closed for 30 Days: KeNHA 

The Kenya National Highways Authority (KeNHA) has notified the public that a section of the Mamboleo–Kiboswa Road at Coptic Roundabout in Kisumu will be partially closed for 30 days, from 20 July to 18 August 2026. In a notice, KeNHA said the temporary traffic disruption will facilitate the removal of the existing roundabout and the reconstruction of the road section. 

(Source: Citizen) 

Uganda 

Uganda Remains Classified as a Low-Income Economy – World Bank 

Uganda remains classified as a low-income economy in the 2026/27 global income classification rankings, according to the World Bank Group’s annual update, released on 1 July 2026. While the country has posted commendable gross domestic product (GDP) growth in recent years, supported by agriculture, services, oil sector preparations and infrastructure projects, this has not yet translated into a sufficient increase in gross national income (GNI) per capita to move it out of the low-income category, according to the report. 

(Source: New Vision) 

Tanzania 

Tanzania and China Agree to Broaden Economic Ties in Trade, Industrialisation and Technology 

Tanzania and China have stepped up efforts to expand economic cooperation, with both countries identifying trade, investment, infrastructure, industrialisation and technology as priority areas for deeper collaboration. This was agreed during discussions between Tanzania’s Minister for Foreign Affairs and East African Cooperation, Ambassador Mahmoud Thabit Kombo, and the Chinese Ambassador to Tanzania, Chen Mingjian, as the two sides explored ways to strengthen bilateral relations. 

(Source: Daily News) 

Rwanda 

Rwanda Ranks Among Africa’s Top Performers in Debt Transparency 

Rwanda has been ranked among Africa’s top performers in the 2026 Institute of International Finance (IIF) Investor Relations and Debt Transparency Report, highlighting the country’s growing reputation for transparency in public debt management and communication with international investors. The 2026 report, published this month, awarded Rwanda 43.4 out of 50 points, placing it alongside South Africa as Africa’s highest-performing country in sovereign investor relations and debt transparency. The IIF is a Washington, D.C.-based global association representing the financial services industry. 

(Source: New Times) 

Ethiopia 

PM Abiy Confers with Afreximbank Leadership to Strengthen African Partnerships 

Prime Minister Abiy Ahmed held talks with African Export-Import Bank (Afreximbank) President Dr. George Elombi and members of the bank’s Board of Directors, highlighting the importance of partnership, economic growth and new opportunities for Africa’s future. 

“I met with the President of Afreximbank, Dr. George Elombi, and the esteemed Board of Directors of the Bank this evening. I appreciated the discussions on partnership, growth and opportunities for Africa’s future,” Prime Minister Abiy stated in a post shared on his X account. 

(Source: ENA) 

Sudan 

Sudan Signs Deal with Turkey’s Ergaz to Build First Gas Terminal at Suakin Port 

The Sudanese Government signed a memorandum of understanding (MoU) on Wednesday with the Turkish company Ergaz to construct Sudan’s first specialised gas terminal at the Port of Suakin under a Build-Operate-Transfer (BOT) framework, officials said. The project, with a storage capacity of 28,000 m3, aims to address critical infrastructure bottlenecks. Limited storage capacity for petroleum products and gas has historically caused severe fuel shortages across Sudan whenever imports or distribution have been delayed. 

(Source: Sudan Tribune) 

Somalia 

SDRB Appoints Independent Shariah Supervisory Board in Latest Governance Step 

The Somali Development and Reconstruction Bank (SDRB) has announced the appointment of an independent Shariah Supervisory Board by its Board of Directors, marking a further step in a series of governance measures the state development bank has undertaken over the past year to strengthen its institutions and operations. The appointment follows the establishment of the bank’s Board of Directors. It forms part of a broader effort to strengthen SDRB’s governance framework as it develops into a functioning instrument of national development finance. A government-owned institution first established in 1968 and reconstituted after decades of disruption, SDRB is mandated to finance development and reconstruction across the country rather than provide commercial banking services. This role has grown in significance as Somalia rebuilds its public institutions and seeks to mobilise domestic and international investment. 

(Source: SONNA)