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Stolen [UK] Luxury Cars Find New Owners In East Africa

Luxury cars worth an estimated £400 million a year are stolen from the UK and shipped to unknowing wealthy people across East Africa, according to British police. A report in the UK’s Independent newspaper says British police and their East African partners seized stolen UK cars worth more than £1 millionin Uganda in June alone. […]

Italy rarely, if ever, features on the list of countries with a big presence in the East African region. Not anymore. Italy’s Minister of Economy and Finance was in Kigali and spoke to The EastAfrican’s BERNA NAMATA on the renewed interest in the region. ————————— What is driving Italy’s seemingly renewed interest in the East […]

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London-based Ghana International Bank is set to become the first Ghanaian bank to establish a presence in Kenya following an agreement with a local consultancy to facilitate regional deals. The bank’s service agreement with the Benaba Limited started on April 1, with the Nairobi office responsible for overseeing penetration into the East, Central and Southern […]

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Every Wednesday evening a group of Germans from Bonn go back to the classroom to learn Kiswahili. The East African language is spoken by more than 100 million people and its popularity is growing. When Tanzanian Hoyce Mbowe came to Germany in 2008 she wanted to learn the German language and study theology at Bonn […]

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DOB Equity said opening an office to serve East Africa is meant to make it easier for the firm to look for new companies to invest in and better serve those it has already invested in. A Dutch-based private equity firm, DOB Equity, has picked Nairobi as its regional headquarters and appointed Ms Mercy Mutua […]

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