17 July 18

Tanzania secures $200 million loan from Credit Suisse

Credit Suisse Bank is set to lend Tanzania $200 million for developmental projects, the East African nation has revealed.

cat
11 July 18

Kenya accuses Tanzania of blocking goods in trade spat

Manufacturers in Kenya are frustrated by Tanzania’s move to place a 25 per cent duty on Kenyan goods, accusing authorities of blocking Kenyan products and causing them huge losses.

10 July 18

Kenya signs deal to recover stolen funds stored overseas

Kenya has signed an agreement with Switzerland that means Nairobi can now recover assets stolen through corruption and stored overseas.

cat
06 July 18

Djibouti launches Africa’s largest free trade zone – with help from China

Djibouti has launched the largest free trade zone in Africa as the tiny port nation continues its drive to become a global trade leader.

cat
26 June 18

Kenya: Public debt passes Sh5 trillion, every Kenyan owes at least Sh110,000

Kenya’s public debt has surpassed Sh5 trillion (almost $150bn) which means every Kenya citizen now owes at least Sh110,000 (more than $1,090) to lenders.

cat
20 June 18

Rwanda posts double-digit GDP growth in Q1 of 2018

Rwanda’s economy grew by 10.6 percent during the first quarter of 2018, according to National Institute of Statistics of Rwanda (NISR).

cat
18 June 18

Human traffickers blamed for rise of beggars in Kenya

International human traffickers are responsible for the rise of beggars across major cities and towns in Kenya, according to officials.

cat
17 June 18

Rwanda, Singapore sign investment and aviation deals

Rwanda and Singapore have signed new investment and airline agreements that will make it easier for businesses to operate between both countries.

cat
08 June 18

Sudan and South Sudan strike deal to repair damaged oil fields

South Sudan on Thursday announced a deal with Sudan to repair a number of oil facilities destroyed by conflict in a bid to boost oil production.

cat
03 June 18

China cools on Ethiopia investments amid economic uncertainty

Chinese financial powers are cooling on the idea of investing in Ethiopia as the East African nation’s economy faces fresh challenges, according to reports.

cat
Newsletter

Most Popular
New

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close