23 October 19

Barrick Gold to pay $300 million to Tanzania in tax dispute

Barrick Gold Corp has reached a deal with Tanzania to pay the country $300 million, bringing an end to its long-running tax dispute.

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18 October 19

Burundi: More than 40 arrested in currency crackdown

More than 40 people in Burundi have been arrested as part of a government campaign targeting black-market currency trading.

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18 October 19

Kenya’s China-funded ‘Railway to Nowhere’ opens

Kenya’s has opened its halted railway project dubbed as the “Railway to Nowhere” after China pulled funding for the ambitious project.

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17 October 19

Kenya set to double debt ceiling, almost matching economy size

Lawmakers in Kenya have approved government plans to increase the country’s debt ceiling.

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17 October 19

World Bank orders Tanzania to pay $185m to Standard Chartered

A World Bank arbitration court has ordered Tanzania to pay $185 million to Standard Chartered over the breach of an energy contract.

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09 October 19

Rwanda launches first smartphones ‘Made in Africa’

Pan-African conglomerate Mara Group has launched the first two “Made in Africa” smartphones in Rwanda.

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03 October 19

Kenya is clamping down on sports betting sites

Regulators in Kenya are camping down on sports betting in the country by imposing new taxes on the country’s biggest companies in the field.

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02 October 19

South Sudan launches first mobile money service

Technology firms in South Sudan have launched the country’s first mobile money service.

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30 September 19

Sudan PM urges US to remove country from sponsored terrorism list

Sudan’s newly-appointed prime minister, Abdalla Hamdok, has urged the United States to remove his country from its list of state sponsors of terrorism list at the 74th session of the United Nations General Assembly.

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07 September 19

Uganda-Tanzania pipeline project suspended after deal collapse

Work on an oil pipeline project between Uganda and Tanzania has been suspended after Total SA allegedly scrapped plans to buy a stake in Tullow Oil Plc’s oil fields in Uganda.

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