The World Bank has halted funding for more than $1 billion in humanitarian and development projects in the Democratic Republic of the Congo [DRC] after the…
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Cyril Ramaphosa, the president of South Africa, refuted claims that his administration had failed over the country’s catastrophic power grid issues on Thursday, claiming that already-announced…
Direct employment within the Economic Processing Zones (EPZs) will significantly increase this year, acting Export Processing Zones Authority (EPZA) CEO Hussein Adan Mohamed has assured. Mohammed…
With over 1,500 companies operating in various sectors, British investments in Egypt reached $20 billion, UK Ambassador to Egypt Gareth Bailey has said. Bailey said this…
Tanzania’s exports of coal reached a record $223.8 million (almost Sh527 billion) in the year ending March 2023. Tanzania has 1.9 billion tons of coal reserves,…
The 10th East African Petroleum Conference and Exhibition 2023, EAPCE ’23, will be held in Uganda from May 9 to May 11, 2023. The topic for…
Nigeria’s President Muhammadu Buhari will officially open the multibillion-dollar Dangote refinery in two weeks, allowing the facility to begin production for the first time since construction…
The decision by the Ethiopian government to issue up to five banking licenses to foreign investors has been met with both excitement and caution. While opening…
Ajay Banga, the former CEO of Mastercard, has been elected as the new president of the World Bank for a five-year term beginning on June 2,…
Ethiopia plans to issue up to five banking licenses to foreign investors over the next five years as part of the government’s efforts to open up…