Kenya 

Mudavadi-Linked Investment Firm to Acquire Insurance Stakes from Absa
Absa Group has agreed to sell its 63.32 per cent stake in Absa Life Assurance Kenya and First Assurance Company Limited to First Assurance Investments Limited, an existing shareholder. The investment company is 52.5 per cent owned by Syndicate Nominees, which Prime Cabinet Secretary Musalia Mudavadi disclosed he owned during his 2022 vetting, while Exclusive Holding Limited owns the remaining 47.5 per cent. The deal is reportedly valued at least KSh3.8 billion and represents a buyback of shares previously sold to Absa in 2015.
(Source: Business Daily) 

Uganda 

Nakaseke Farmers Eye New Coffee Economy as Nonda Value Park Takes Shape
Farmers in Uganda’s Nakaseke District are anticipating new opportunities as the Nonda Coffee Value Park takes shape. The planned 100-acre facility is expected to process 42,000 metric tonnes of green coffee annually, produce about 7,200 metric tonnes of instant coffee and create approximately 4,085 direct jobs. The project could provide farmers with a more reliable market while supporting local value addition and wider industrialisation.
(Source: Monitor) 

Tanzania 

Port Records 17% Rise in Transit Cargo
Transit cargo through Tanzania’s Port of Dar es Salaam rose 17 per cent to 14.61 million tonnes in the 2025/26 financial year, from 12.52 million tonnes the previous year. Growth was driven largely by a 30 per cent increase in cargo destined for the Democratic Republic of Congo, which accounted for 53 per cent of total transit cargo. Rwanda-bound cargo also increased by 24 per cent.
(Source: The Citizen) 

Rwanda 

Energy and Transport Costs Push Rwanda’s Inflation to 14.5%
Rwanda’s annual inflation rose to 14.5 per cent in July 2026, according to the National Institute of Statistics of Rwanda (NISR), driven largely by higher energy, transport, housing and food prices. Transport costs rose 24.2 per cent year on year, while energy prices increased 44.5 per cent, the highest rise among the major consumer price index categories.
(Source: The New Times) 

Ethiopia 

Gov’t Targets US$13.4B In Export Earnings For 2026/27
Ethiopia has set a target of US$13.4 billion in export earnings for the 2026/27 financial year, following revenues of more than US$11.2 billion in 2025/26. The government plans to raise earnings by increasing value-added exports, improving quality and competitiveness, diversifying export destinations and expanding market access, while addressing production, logistics and trade facilitation challenges.
(Source: ENA) 

Sudan 

Central Bank Tightens Forex Rules and Orders Customer Data Update
The Central Bank of Sudan has tightened foreign-exchange controls, allowing commercial banks to use their own declared exchange rates only for export proceeds from operations they directly financed. Imports and other export proceeds remain subject to the Bank’s daily foreign-exchange injection rate. Separately, banks have until 30 September 2026 to update customer account information, with non-compliant accounts liable to suspension or freezing. The measures aim to strengthen forex stability and ensure compliance with financial regulations.
(Source: Sudan Tribune) 

Somalia 

Gov’t Moves to Finalise 2026–2030 National Commerce Plan
Somalia’s Ministry of Commerce and Industry has convened a workshop to finalise and validate the country’s 2026–2030 National Commerce Plan. The strategy focuses on adding value to sesame and fisheries, improving quality and expanding market access. It targets support for 300 businesses, 80 buyer linkages, nearly 1,200 jobs and at least $35 million in new investment, with the broader aim of strengthening value chains and expanding value-added exports.
(Source: SONNA)