Thousands Displaced as Violence Escalates in Sudan’s Al-Jazirah State
(2 Minutes Read)
Efforts to mediate peace have so far failed. This week, a United Nations Security Council resolution aimed at protecting civilians and halting...
Elon Musk’s Starlink Faces Predatory Pricing Claim in Kenya
(2 Minute Read)
The number of Kenyans using satellite internet has surged since Starlink entered the Kenyan market in July last year. Coming of Starlink...
Australia Invests USD 3.6 bn in Tanzanian Mining Industry
(3 Minutes Read)
According to Austrade’s 2024 research, 12 Australian companies have committed over USD 26 million towards exploration activities in Tanzania, showcasing Australia’s confidence...
Tanzania Sends First Consignment of Avocados to China
(3 Minutes Read)
The maiden shipment, containing 24 metric tonnes of the Hass avocado variety, worth USD 18,500, was shipped by sea on October 28,...
Uganda Kicks Off Annual Job Fair to Boost Employment in ICT Sector
(2 Minutes Read)
The Ugandan government and Chinese technology firm Huawei launched a two-day job fair aimed at promoting youth employment in the information, communication...
Uganda: USD 5bn EACOP Pipeline Construction Set to Generate 3,000 Jobs
(2 Minutes Read)
The construction of the 1,443-kilometre East African Crude Oil Pipeline (EACOP), is expected to provide a substantial number of jobs and is estimated...
Kenya’s I&M Group Shows Better Bottomline
(2 Minutes Read)
The latest results, released on November 19, 2024, highlight a substantial 20% growth in operating revenue, alongside an operating profit surge of...
IMF Highlights Progress in Egypt’s Reform Program
(2 Minutes Read)
Approved in 2022 and expanded to USD 8 billion earlier this year, the program seeks to address Egypt’s economic crisis, marked by...
Nigeria: Bank of Industry Secures €2 Billion to Fund Key Development Initiatives
(3 Minutes Read)
The Managing Director of the Bank of Industry (BoI), Olasupo Olusi, announced that the Bank has raised a new funding package worth...
USD 400m Eurobond Issuance Celebrated by Ecobank at LSE Market Opening
(3 Minutes Read)
Ecobank Transnational Incorporated (ETI), parent of the leading pan-African Ecobank Group opened the market at the London Stock Exchange (LSE) to celebrate...