Kenya  

Groundbreaking for SGR Extension to Kisumu Set for March 2026  

The government is set to begin identifying and compensating persons who will be affected by the Standard Gauge Railway (SGR) extension project, whose groundbreaking is scheduled for March. Speaking in Kisumu on Tuesday, Kenya Railways Managing Director Philip Mainga indicated that phase 2B of the line will be completed by June 2027, opening up the Western region for the movement of goods and services.  

(Source: Citizen Digital) 

Tanzania   

Manyara Phosphate Mine Generates TZS 1.29B in Government Revenue  

The Itracom Fertiliser Limited phosphate mine at Vilima Vitatu in Babati District, Manyara Region, has generated TZS 1.29 billion in government revenue since commencing operations in 2023, underscoring the growing contribution of industrial minerals to the national economy. The figures were disclosed on Thursday, February 26, 2026, by geologist Waziri Mkupe on behalf of the Manyara Resident Mines Officer, Godfrey Nyanda. Mkupe said the revenue was collected through royalties and mineral inspection fees from both domestic and export sales.  

(Source: The Citizen) 

Uganda  

BoU to Purchase Gold Worth USh574B Between March and June   

The Bank of Uganda (BoU) will purchase at least 100 kilogrammes of gold between March and June this year, valued at approximately US$160m (USh574.1b). The purchase is part of its ongoing Domestic Gold Purchase Programme, targeting seven to 10 tonnes of locally mined gold each year to boost the country’s foreign exchange reserves. Speaking in an interview in Kampala yesterday, BoU Director for Research Adam Mugume, said the central bank is in the final stages of preparation, with procurement processes nearing completion.  

 (Source: The Monitor) 

Rwanda  

Addressing Non-Tariff Barriers Key to Accelerating intra-EAC Trade – Experts  

East Africa’s private sector has issued a call to action, warning that the region risks missing its integration targets unless governments move decisively from policy reform to implementation. That message dominated the East African Business and Investment Summit & Expo 2026 (EABIS 2026), held in Nairobi from February 25-25, where more than 450 delegates, including ministers, senior officials, investors, and industry leaders, gathered under the theme: “Promoting Private Sector-Driven Regional Integration for Increased Intra- and Extra-EAC Trade and Investment.”  

(Source: The New Times) 

Ethiopia   

Ethiopia Advances Financial Sector Modernisation 

The Trade and Development Bank (TDB) Group affirmed that Ethiopia has been advancing the modernisation of its financial sector. President and CEO of TDB Group, Admassu Tadesse, told ENA that Ethiopia is making historic progress in modernising its banking system and broader financial sector. The president further elaborated that the country has embarked on critical reforms that have long been overdue. “It has been an incredible few years, and the reforms have been very difficult, but they were necessary,” he said, noting that the measures were essential for Ethiopia to narrow the gap with other African economies that have made significant advances in recent years.  

(Source: ENA)

Somalia  

Somalia and China Forge Strategic Partnership to Enhance Public Audit Capabilities and Resource Management  

The Auditor General of the Federal Republic of Somalia, H.E. Ahmed Isse Gutale, alongside Deputy Auditor General Mukhtar Mohamed Abukar and senior agency officials, convened a high-level bilateral meeting today with the Ambassador of the People’s Republic of China to Somalia, H.E. Wang Yu. The strategic dialogue centred on establishing robust cooperative frameworks and advancing technical proficiency in national auditing standards.  

 (Source: SONNA)