East Africa

Home East Africa Page 297
East Africa

Depositors of liquidated Imperial Bank to be paid in part

·        The Central Bank of Kenya (CBK)  has approved the acquisition of Imperial Bank assets’ valued at Sh3.2 billion. Starting June 2, 2020,...

Gold and Coffee to keep Tanzanian economy in good stead

( 3 minutes read) ·        The Bank of Tanzania (BoT) monthly economic review for April said that world market prices of selected commodities...

Tanzania to focus on agro-based small businesses to create more employment

(  4 minutes read) ·        Tanzanian Minister for Industry and Trade, Innocent Bashungwa announced that there were 476 small scale industries in Mpanda Municipality,...

Ethiopian and Boeing to close to deal on compensation

(2 minutes read) ·        Ethiopian Airlines’ settlement of compensation with Boeing is expected by end June this year, after a protracted negotiation ·   ...

Ethiopia’s communication Authority to accept applications

3 mts read Ethiopia’s communication Authority has invited applications from companies interested in participating in the country’s telecom sector Interested companies can submit their...

US signs partnership agreement with Ethiopia for USAID for US$ 230 million

(4 minutes read) ·        The United States, through the U.S. Agency for International Development (USAID)  and the Federal Ministry of Finance signed a...

Ethiopia to distribute fertilizers and seeds to farmers

(2 minutes read) ·        The Ethiopian Ministry of Agriculture  will distribute more than 17.89 million quintals of fertilizer this crop season. It has already...

KEFI Minerals to be in stream on time

(1 minute read) ·        KEFI Minerals, an exploration and development company focused on gold and copper deposits, assured that it would begin  major...

Ethiopia’s iodized salt processing factory operational

(2 minutes read) ·        An iodized salt processing plant- Soda King Factory- has become operational in Dire Dawa Industry Zone, Ethiopia. ·     ...

Ethiopia’s exports look up despite pandemic

(2 minutes read) ·        Ethiopia's nine months exports have earned the country US $2.09 billion, registering a 10% increase as compared to the...

RECENT POSTS