By the AFREEQUE newsroom, based on The Independent
Kenyan and Ugandan private-sector organisations have signed three agreements covering sustainable tourism, cooperation between travel agencies, and trade and investment. The agreements were concluded in Mombasa on 26 and 27 October, during the fifth Uganda-Kenya Coast Tourism and Innovation Summit, The Independent reports.
Three pastors from Mombasa were among the 24 people killed when a bus collided with a lorry near Mtito Andei, on the Nairobi-Mombasa highway, on 25 October. The victims were returning from a colleague’s funeral and belonged to several churches, reports Tuko.
🇰🇪 Kenya · Source: Tuko ·
The Ugandan shilling reached 4,500 to the dollar on 23 October, its lowest nominal level in more than 30 years, after losing more than 11% in October. The Bank of Uganda raised its benchmark rate to 12%, while Yoweri Museveni refused to use foreign exchange reserves, Tuko reported.
🇺🇬 Uganda · Source: Tuko ·
Kenya’s National Treasury is considering toll concessions worth 42.26 billion shillings for two major bypasses in Nairobi and Mombasa. The contracts would cover these roads under private concessions, reports Business Daily, citing its correspondent Marion Sitawa.
🇰🇪 Kenya · Source: Business Daily ·
Dangote Cement’s market capitalisation passed 20 trillion naira, reaching 20.620 trillion on 26 October 2026 after its share rose 10% to 1,222.10 naira. The company thus became the second most valuable firm on the Nigerian stock exchange, a rise analysts linked to interest generated by the Dangote refinery’s share offering, reports ThisDay.
🇳🇬 Nigeria · Source: ThisDay ·
Kenya crash kills 24, including four members of a Kilifi familyA crash on the Nairobi-Mombasa Highway in the Kanga area near Mtito Andei killed 24 people, including four members of the Mutsunga family from Kilifi. They included former local administrator Younitta Mutsunga and doctor Patrick Mutsunga; Kenya’s road safety authority confirmed the toll, Tuko reports.
Illustrative imageTanzanian youth group targets 127 million shillings from fish farmingTanzanian group Kitwima, made up of seven graduates, expects to earn more than 127 million Tanzanian shillings from cage fish farming on Lake Victoria. After receiving a 106 million shilling government loan, it is targeting 15 tonnes of fish in six to seven months and could expand its facilities, the Daily News reported.The week in Africa
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