HomeMarket Intelligence

East Africa, measured.

Headline macro-financial indicators and regulatory change for the region's five core markets — compiled by our research desk and refreshed as new data is released.

Regional comparison

Side by side, market by market.

Latest reading, change on the prior period and a twelve-month trend for each indicator.

Market Policy rateInflationFX vs USDGDP growth91-day T-billBank NPLs Policy trend
Kenya 9.25%
+0.00
4.50%
-0.03
129.2
-0.70
5.00%
+0.02
8.10%
-0.09
17.10%
-0.18
Uganda 9.75%
+0.00
3.80%
-0.03
3,590.0
-1.70
6.40%
+0.06
10.20%
-0.12
4.10%
-0.01
Tanzania 5.75%
+0.00
3.30%
+0.00
2,470.0
-32.10
6.00%
+0.01
8.00%
+0.08
3.50%
+0.02
Rwanda 6.75%
+0.00
6.80%
+0.12
1,452.0
+17.90
7.20%
+0.05
8.60%
-0.02
4.60%
+0.02
Ethiopia 15.00%
+0.00
12.80%
-0.19
146.0
-0.80
7.50%
+0.04
14.00%
-0.15
3.90%
-0.02
Indicative figures compiled by the TrippleShield research desk; twelve-month trend lines are modelled. FX shown as local currency per US dollar. Verify against official central bank and statistics releases before relying on these figures.
Regulatory radar

The developments shaping the region.

Oct 2025
Kenya · National Treasury / CMA / CBK medium

Virtual Asset Service Providers Act, 2025

Introduces a licensing and supervisory regime for virtual asset service providers, including AML/CFT obligations such as the travel rule. Banks and payment providers dealing with VASPs need updated risk assessments.

Aug 2025
Kenya · Central Bank of Kenya high

Risk-based credit pricing anchored on the KESONIA benchmark

The revised risk-based credit pricing model requires variable-rate loans to be priced off the Kenya Shilling Overnight Interest Average (KESONIA) plus a disclosed premium, with transition timelines for existing facilities and new disclosure obligations.

Jan 2025
Ethiopia · Ethiopian Capital Market Authority medium

Ethiopian Securities Exchange begins trading

The launch of the Ethiopian Securities Exchange, under a new capital-markets regulator, opens listing, disclosure and market-conduct obligations for issuers and intermediaries.

Dec 2024
Kenya · Central Bank of Kenya high

Minimum core capital for banks rising to KSh 10 billion by 2029

Amendments to the Banking Act raise the minimum core capital for commercial banks in phases from KSh 1 billion to KSh 10 billion by 2029. Smaller banks face capital raises, mergers or new strategic investors, and boards need a credible, phased capital plan.

Dec 2024
Ethiopia · National Bank of Ethiopia high

Banking sector opened to foreign investment

New banking legislation allows foreign banks and investors to enter the Ethiopian market, bringing new licensing, governance and fit-and-proper expectations.

Jul 2024
Ethiopia · National Bank of Ethiopia high

Transition to a market-based foreign exchange regime

Ethiopia moved to a market-determined exchange rate, reshaping FX risk, trade finance and pricing across the banking sector and for foreign investors.

By category
Data Protection3
Capital2
AML/CFT2
Fintech1
Monetary Policy1
FX1
Licensing1
Capital Markets1
Insurance1
Credit & Conduct1
Full tracker

Subscribers can filter every development by market, category, impact and status — and see the obligations mapped into their calendar.

Open in the portal