In a bid to cut debt from overseas capital markets after a borrowing binge in recent years,Kenya is in advanced talks with the World Bank for…
Author: Abdulateef Ahmed
Ministers from Egypt, Ethiopia and Sudan agreed on Wednesday, to reconvene in Washington later this month to finalise an agreement on the giant hydropower dam on…
Ethiopian Airlines will begin construction of a new $5 billion airport later this year, according to its chief executive officer, Tewolde Gebremariam, as the rapidly-expanding carrier…
Stolen assets worth $20million have been recovered from corruption cases, according to Kenya’s Public Prosecutor, Noordin Haji. In recent years, high profile politicians and public servants…
Tanzania is going digital in its quest to attract more Chinese tourists to the country. Addressing tourism players and investors in Arusha this past week, Tanzania’s…
MTN Nigeria’s shares rose 10% yesterday, to its highest in two weeks after the country’s attorney general withdrew a $2 billion tax demand against the company.Shares…
Chairman of South Africa’s struggling state-owned power Utility Eskom, Jabu Mabuza, has resigned following worrying power cuts over the festive period. The entity had implemented severe…
Sudan will now allow private traders to export gold, in an effort to curb smuggling and attract foreign currency into the country’s cash-strapped treasury. Prior to…
A severe drought is threatening South Africa’s wildlife industry, with game farmers keeping fewer animals and tourists visiting game lodges in smaller numbers. Parts of the country have…
South Sudan is banking on oil earnings to revive its stalled agriculture and save its population from perennial dependence on food imports and relief supplies. Announced…