East Africa in March 2026: the most important developments in economy
In East Africa in March 2026, the most prominent economic story was a US arrangement tying HIV aid for Zambia to minerals; earlier in the month Zambia had said Africa should not pick sides in the race for minerals. In Kenya, shares of Kenya Pipeline were listed on the Nairobi Securities Exchange on 10 March, with President Ruto presiding over the bell-ringing ceremony, after the share offering exceeded its target of 106 billion shillings. Kenya's tax authority moved against taxpayers in Western Kenya, and Wandayi said the country had enough fuel stocks amid the Middle East crisis. Late in the month, Kenya Airways reported a full-year loss of 17.2 billion shillings while announcing plans to add flights, with demand at 99% amid disruptions from the Iran war. Kenya also flagged off its first zero-tariff export shipment to China under a new trade agreement and plans to connect its Standard Gauge Railway with Uganda.
by WorldBrief & Maksim Micheliov | AI-generated summary
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