• Kenya

Fuel Prices Drop in EPRA’s Latest Review

The prices of super petrol, diesel and kerosene have dropped in the latest review by the Energy Petroleum and Regulatory Authority (EPRA). The Authority reported that Super Petrol prices have been reduced by Ksh.2 per litre, while Diesel and Kerosene have each dropped by Ksh.1 per litre. In Nairobi, a litre of super petrol will now retail at Ksh.182.52, while diesel will sell at Ksh.170.47 and Kerosene at Ksh.153.78. In Mombasa, the cost will retail at Ksh.180.24, Ksh.167.19 and Ksh.150.49 for super petrol, diesel and kerosene, respectively.

Source: Citizen Digital 

• Uganda

UKEF Backs €193 Million Loan for Key Agricultural Project in Uganda

UK Export Finance (UKEF) has backed a €192.9million (Ksh. 28.9 billion) loan to finance the first phase of a key agricultural project in Uganda set to boost the country’s economy. The UK export credit agency and the Ministry of Finance of Uganda signed the deal on 12 December, with Citi acting as the sole lender. UKEF’s loan covered 95% of the contract value, with a 13.5-year tenor, while the remaining 5% was provided by the Ugandan government. The financing was split into a  €107.2 million (Ksh 16 billion) direct loan at the OECD’s 3.71% fixed rate and a €85.7million (KSh. 12.85 billion)covered loan on a floating-rate basis. The floating rate portion of the loan was priced following a “fully transparent tender process” run by the sole ECA advisor, GKB Ventures, which was “heavily oversubscribed”, the consultancy firm said.

Source: Global Trade Review

• Tanzania

Tanzania and Indonesia Agree to Expand Development Cooperation in Agriculture and Energy

Tanzania and Indonesia have agreed to strengthen development cooperation in agriculture and energy, following talks held in Dodoma between the two governments. The discussions took place during a meeting between the Minister of Finance, Ambassador Khamis Mussa Omary (Mb), and the Indonesian Ambassador to Tanzania, Tri Yogo Jatmiko Avetisyan, at the Ministry of Finance headquarters in Dodoma. Speaking after the meeting, Ambassador Omary thanked the Indonesian government for its support to various sectors of the Tanzanian economy, including mining, agriculture, and livestock, since the establishment of diplomatic relations in 1964.

Source: Tanzania Invest

• Rwanda

Rwanda Doubles Down on Critical Minerals Amid Mining Law Overhaul

Rwanda is overhauling its mining laws and tax structures to transition from a raw ore exporter to a regional processing hub for critical transition minerals like tantalum, tungsten and niobium. Rwanda is accelerating its push into critical minerals by cutting royalties, streamlining licensing and aggressively marketing new exploration blocks as global prices for battery and technology metals climb, the head of the country’s mining authority told The Africa Report.

Source: The Africa Report

• Ethiopia

Ethiopia Begins Work on New African Hub Airport Linked to Addis Ababa by High-Speed Rail

Construction has begun on a vast new African hub airport at Bishoftu, a flagship infrastructure project designed to transform Ethiopia’s role in global aviation and ease pressure on the country’s main gateway in Addis Ababa. The new airport will be connected to the capital and the existing Bole International Airport by a 38 km railway, offering fast rail links between the two facilities. Trains on the line are expected to run at speeds of between 120 km/h and 200 km/h, significantly cutting travel times for passengers and airport staff. Ethiopian Railway Corporation, the country’s sole institution responsible for railway development, said the project will be carried out entirely by domestic companies. Prime Minister Abiy Ahmed Ali officially launched construction during a ceremony on January 10, highlighting the project as a milestone for local engineering capacity.

Source: Rus Tourism News

• Sudan 

Sudan Gold Production Surges During War as Smuggling Drains Economy

A sharp paradox has emerged in Sudan’s gold sector as the country grapples with ongoing conflict. While production surged to a record 70.15 tons between 2023 and 2025, official government channels recorded only a small fraction of that as exports, revealing a massive leak in the national economy. More than 55 tons of gold have vanished into a shadow economy, bypassing the state treasury. With artisanal mining and parallel markets now controlling more than 80% of the industry, Sudan’s sovereign wealth is increasingly being diverted to finance unregulated activities across unguarded borders, depriving the state of billions of dollars in much-needed revenue.

Source: Sudan Tribune

• Somalia

Somalia’s Economic Policy Landscape: From Emergency Management to State Rebuilding

Somalia’s economic policy landscape today is defined less by emergency stabilisation and more by the slow, deliberate reconstruction of the state’s economic core. After decades of institutional collapse, policy fragmentation and financial isolation, the country is operating within a framework increasingly shaped by macroeconomic discipline, institutional reform and structured engagement with international partners. According to the IMF, Somalia’s recent trajectory stands out among fragile and conflict-affected states, reflecting “a steadfast commitment to macroeconomic prudence and strong institutional and policy frameworks”.

Source: Ecofin Agency