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Rwanda is keen on leveraging public-private partnerships to achieve its ICT goals by collaborating with like-minded industry players and policy makers. 

Unlocking ICT success through public-private partnerships in Rwanda

Kenya’s GDP growth is projected to slow down to 5 per cent in 2024 from 5.3 per cent in 2023, while in Uganda, the government has proposed a raft of new tax measures aimed at generating more revenue.

Kenya's economic growth projected to slow down to 5% in 2024

The proliferation of internet access, mobile technology and digital trade has emerged as a powerful force driving economic growth and innovation in Africa. 

State of digital trade in Sub-Saharan Africa

Despite challenges such as inflation and  depreciating currencies, Africa still remains an attractive investment destination, with plenty of opportunities for wealthy individuals looking to invest their money. 

Africa: Where to find investment opportunities for high net-worth individuals

With the current high interest rates in Kenya, credit has become more cost prohibitive for many SMEs, who are already struggling with liquidity challenges. 

Impact of high interest rates on Kenyan SMEs

According to the Bank of Tanzania, the banking sector is liquid, profitable, and adequately capitalized. 

Tanzania’s banking sector performance

According to the National Bank of Rwanda's monetary policy and financial stability statement for March 2024, banks continued to support the private sector with a 38.7 per cent increase in new lending in 2023. 

Rwanda's banking sector performance update

The African Securities Exchanges Association, ASEA, plays a critical role in fostering the growth of Africa's capital markets. 

New ASEA President shares vision for future 

Rwanda's consumer prices rose in March 2024, climbing 4.2 per cent year-over-year compared to March 2023. 

Rwanda’s March CPI climbs to 4.2%

The Kenyan shilling has surged by an impressive 15.2 per cent in the first quarter of the year and continues to gain strength against the dollar, currently trading at sh131 against the dollar. 

Kenyan shilling strength in question as bonds tighten

Bitcoin's price holds steady around $62,705 with a minimal change, hovering around 0.02 per cent over the past 24 hours. Despite this stability, the total market capitalization of Bitcoin remains significant, sitting at $1.23 trillion. 

Bitcoin volatile ahead of halving 

East African InsurTech firm, mTEK services, has received $1.25 million investment from Verod-Kepple Africa Ventures and Founders Factory Africa to fuel their mission of innovative insurance solutions in East Africa. 

CBEA