Trade and Financial Services Round-Up

  • 17 Oct 2026
  • 3 Mins Read
  • 〜 by Alfas Mulunda

Kenya 

Fuel Shocker as Prices Jump by Up to KSh12.93 per Litre 

EPRA has raised Nairobi’s petrol price by KSh12.93 to KSh226.96 per litre, diesel by KSh9.90 to KSh227.76 per litre, and kerosene by KSh28.49 to KSh219.87 per litre amid renewed conflict in the Middle East and rising global fuel costs. Despite a reduction in VAT, higher prices threaten to increase transport, agricultural and manufacturing costs, adding to inflationary pressures on households and businesses. 

(Source: Daily Nation) 

Uganda 

Falling Treasury Bill Yields Drive Investors to the Stock Market 

Declining Treasury bill yields are prompting investors to shift funds towards equities in search of better returns. The trend signals changing investment preferences as government securities become less attractive, potentially increasing trading activity on the Nairobi Securities Exchange and demand for listed shares. 

(Source: Monitor) 

Tanzania 

Tanzania Targets Moving 1,500 Containers Daily by Rail to Cut Dar es Salaam Port Congestion 

Tanzania plans to move up to 1,500 containers daily from Dar es Salaam Port using existing railway lines operated by Tanzania Railways Corporation and Tazara. The initiative aims to ease road congestion, lower logistics costs, and speed cargo movement by building on existing rail operations and expanded connections to inland container depots. 

(Source: The Citizen) 

Rwanda 

F1 in Rwanda: A Guide to Tickets, Prices and Packages 

Rwanda’s proposed Formula 1 Grand Prix in Bugesera, about 40 kilometres south of Kigali, could bring the sport to African fans in the early 2030s. Using Las Vegas 2026 ticket prices as a guide, single-day general admission starts at approximately KSh6,500 for practice and KSh51,000 for race day, while three-day packages start at about KSh63,900. Grandstand and hospitality options cost more. 

(Source: The New Times) 

Ethiopia 

IMF: Ethiopia Review Talks Expected in November, Board Decision Slated for Early 2027 

The International Monetary Fund (IMF) expects discussions on Ethiopia’s sixth review under its Extended Credit Facility programme in November 2026, with an Executive Board decision expected in early 2027. The review could unlock a potential disbursement of SDR 154.11 million, subject to the programme assessment and Board approval. 

 

Sudan 

Sudan Opens Jet Fuel and Furnace Oil Imports to Break Market Monopoly 

Sudan’s Ministry of Energy and Oil has opened jet fuel and furnace oil imports to all qualified domestic companies to encourage competition and improve supply stability. Importing groups must obtain Central Bank approval and provide financial guarantees backed by 200 kilograms of gold; each consortium can include up to four companies. The move follows complaints about restrictive import rules. 

(Source: Sudan Tribune) 

Somalia 

Planning Minister Highlights Somalia’s Investment Opportunities at EACON 2026 

Somalia’s Planning Minister Mohamud Abdirahman Sheikh Farah has highlighted investment opportunities arising from the country’s membership in the East African Community (EAC). Speaking at EACON 2026 in Mogadishu on October 13, he said membership would help Somali businesses expand across African markets. The conference is also addressing legal harmonisation, business competitiveness and skills development to strengthen regional trade and attract investment. 

(Source: SONNA)