Uganda has disclosed plans to borrow $1.89 billion from external lenders in the 2020/2021 July-June fiscal year to partly finance its budget. This follows a 9%…
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The embattled company associated with Deputy President William Ruto faced auction in June 2019 over an unpaid debt
Prime Minister Abiy Ahmed has confirmed that Ethiopia will receive $3 billion from the World Bank to help strengthen reforms in his country. The International Monetary…
Work permit restrictions have been relaxed and professionals and companies are able to expand across the regional bloc
The IMF team wants the Treasury to cut the rising budget deficit which stood at 7.7 per cent of GDP in the 2018/2019 financial year
The finance ministry had asked for an additional Ksh 86.60 billion, or a 3% rise in spending for roads, health, and other projects
The country’s anti-corruption watchdog arrests 92 officials with cooperative unions for defrauding cashew nuts farmers
Nairobi has emerged as the most expensive city in Africa for elite schools with fees hitting a $28,479 high per year, on the back of growing…
Chinese e-commerce giant, Alibaba Group, has signed a Memorandum of Understanding with Ethiopia for the creation of an Electronic World Trade Platform (eWTP). The deal will…
Tanzania’s Foreign Affairs minister summoned Canada’s envoy to express displeasure at the plane’s impoundment.