Eric Ombok

The Emerging Africa and Asia Infrastructure Fund has agreed to deploy $82.8 million for telecommunication towers in the Democratic Republic of Congo and a pan-African fiber-optic network, as the continent increases digital infrastructure.

East African Breweries Plc’s annual profit grew at the fastest pace in four years, even as accelerating inflation in its home market Kenya eroded spending power.

The country’s markets are on the rise. Three investment experts share their views on how to play it.

East Africa’s biggest bourse plans to offer a variety of exchange-traded funds to meet demand from investors, Nairobi Securities Exchange Chief Executive Officer Frank Mwiti said.

Kenya, Vodafone and Safaricom cement positions as pioneers as M-Pesa expands into retail investing.

Funds invested by Kenyan banks in government securities rebounded last year, signaling renewed balance-sheet expansion in the industry.

Kenya Airways Plc said it’s weeks away from unveiling a proposal to sell a stake to a strategic investor, almost a decade after the flag carrier first embarked on the plan.

Flights to and from Kenya’s biggest airport have been delayed due to industrial action by air-traffic control workers in the East African hub.

The Kenya Aviation Workers Union has agreed to a return-to-work pact, ending a strike that disrupted flights to and from the East African nation.

Kenya’s antitrust authority approved Diageo Plc’s sale of its East African unit on condition that it sets aside money to settle all liabilities that may arise after conclusion of the $2.3 billion deal, according to letter seen by Bloomberg.