IMF agrees to lend an additional US$ 1 billion to Kenya
The International Monetary Fund (IMF) had agreed to a US$1 billion (927 billion euro) loan for Kenya, to ease the economic woes of the...
Ethiopia goes local and substitutes USD 1.9 billion foreign import
(3 minutes read)
Domestic products substituted imported goods worth USD 1.9 billion during the past nine months of the fiscal year. Commenting on the achievement,...
Ruling party in Mauritania wins local elections comfortably
(3 minutes read)
The elections were the first since 2019 when President Mohamed Ould Ghazouani came to power. The ruling party in Mauritania scored a...
Demolition drive of shanties kicked off in Mayotte by French authorities
(3 minutes read)
Diggers started destroying the Majicavo slum early Monday morning as part of Operation Wuambushu, which the French authorities first tried to launch...
G7 invites Comoros President & Chair of AU to Hiroshima meeting
(3 minutes read)
This year’s G7 meeting taking place in Hiroshima, Japan, has taken a curious turn since one of its invitees is the President...
Air Tanzania spreading its wings
(minutes read)
Air Tanzania is looking forward to expanding its operations by introducing new routes to various destinations within and outside Africa. A list of...
Tanzania to become US$136 billion economy: IMF report
(2 minutes read)
Experts say that Tanzania should integrate with the leading world economies through trade and global value chains. That will help the country’s...
Kenya’s apex bank makes highest profit from Rwanda
(3 minutes read)
The Central Bank of Kenya (CBK) said that operations in Rwanda contributed the highest volume of profit earnings for Kenyan bank subsidiaries...
Kenya’s milk exports to the East African community caught up in a political slugfest
(3 minutes read)
Kenya’s internal political maneuverings are increasingly becoming a new non-tariff barrier to trade in the East African Community. This potentially harms the...
Nairobi to host Consumers International Global Congress in December
(3 minutes read)
Nairobi will, in December, host the Consumers International Global Congress, the first to be held in Africa, to develop practical solutions to...
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