The World Bank has pulled out of a $265m road construction project in Uganda, following allegations of mismanagement by the government and sexual abuse of minors by employees.
The US has expressed interest in investing Sh1.4 billion ($13.7 million) into an oil pipeline that will link northern Kenya’s oil fields to Lamu.
Rwanda’s government has been ranked as the most efficient in Africa in the Global Competitive Report 2014-2015 – and the seventh most efficient in the world.
President John Magufuli has scrapped the usual government Christmas and New Year cards this year as part of his belt-tightening measures.
Switzerland has contributed an additional $3 million dollars (£1.96 million) to the 2015 Sudan Common Humanitarian Fund (CHF) to help bring aid to the most vulnerable people in the country.
Startups from across the African continent will be vying it out for the award of “Startupper of the Year,” in a contest created by energy firm Total.
Tanzania’s new president John Magufuli has vowed to fight against graft and corruption in the country.
The International Monetary Fund (IMF) has said Kenya’s economy, growth prospects and international debt are within acceptable levels.
Rwanda has been accused of manipulating poverty statistics to hide worsening conditions of the country’s poorest people.
Kenyan President Uhuru Kenyatta has assured Kenya that the country’s economy is in good shape, despite claims from opposition groups.
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