Browsing: East Africa Business News

India’s Bharti Airtel has agreed to pay 60 billion shillings over five years and cancel the debt to resolve a dispute over ownership.

The sale is from surplus Tanzanian maize as the country harvested 16 million tonnes with local demand around 13 million tonnes

The central bank governor has not given more details on the illicit flows.

Tanzania expects a consortium of international oil companies to begin a long-delayed liquefied natural gas (LNG) project in 2022

Kenyan authorities ordered that unaccompanied bags are destroyed and airlines found carrying them be punished

For the first time in years, the World Bank is putting cash straight into the Treasury to be used at the government’s discretion.

The pipeline will run from the commercial capital, Dar es Salaam to Zambia’s mining city of Ndola

The company plans to sell 25 percent of new shares, and trade on the main market of the London Stock Exchange

If the loan gets approved, it will be the first time in years the World Bank will inject funds directly into Kenya’s Treasury

To check inflation, the prices of food, utilities, and fuel will be monitored closely.