Tanzania’s National Bank of Commerce has been fined 1 billion Tanzanian shillings (US$435,000) after failing to establish its own data centre.
Akinwumi Adesina is clear. The president of the African Development Bank, one of the continent’s most respected economic thinkers, believes it’s time for the continent to start building Googles and Facebooks of its own. Speaking in Rwandan capital Kigali earlier
Kenya has sold its first export of crude oil to a Chinese state-owned petroleum multinational firm.
Tourism in Kenya is experiencing sustained growth with minimal long-term impact from a hotel attack in Nairobi that killed 21 people in January.
Global port operator DP World has slammed the government of Djibouti’s decision to ask the country’s high court to nullify international adjudications over an ongoing port row.
Kenya, Tanzania and Uganda are all looking to revamp their old railway networks due to a lack of funding for a Chinese-backed network between East African nations.
The World Bank says Tanzania’s economy grew by 5.2 percent in 2018, contradicting the country’s finance minister who told parliament last year that growth stood at 7 percent.
Three civil society groups in Uganda are taking legal action against the government of Rwanda and Uganda over an ongoing border closure between the two nations.
The United States is reopening its permanent US Agency for International Development (USAID) Mission in Somalia, more than 28 years after it closed in 1991
Tanzania and Zambia have settled plans to build a $1.5 billion oil pipeline between the two countries, according to Tanzania’s energy minister.