Tag Archives: Development

28 May 19

Kenya asks World Bank for $750 million development loan

Keyna has requested a loan of $750 million from the World Bank to fund housing, agriculture and other development projects.

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26 March 19

Kenyan teacher from remote village named best in the world

A teacher from a remote village in Kenya’s Rift Valley has won the Global Teacher Prize for 2019.

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24 February 19

Tanzania aims to electrify all villages by 2021

Tanzania is aiming to connect all villages in the country to the national grid and provide them with electricity by 2021, Energy Minister Medard Kalemani said on Wednesday.

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20 February 19

Ethiopia brings in Chinese firms to complete Nile dam construction

Ethiopia is calling upon the services of two Chinese construction companies in a bid to accelerate the pace of its Grand Renaissance Dam (GERD) project.

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28 January 19

These are Africa’s fastest-growing economies in 2019

Despite growing speculation of a global economic crisis in 2020 and mounting challenges facing African nations, the International Monetary Fund and the African Development Bank (AfDB) both predict overall growth in Africa will improve in 2019 and 2020. In the 2019
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05 November 18

Ethiopia launches visa-free travel for Africans

Ethiopia’s government has launched a visa-on-arrival regime for all African citizens, as the country moves to ease travel requirements.

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31 October 18

World Bank: Rwanda 29th easiest country to do business in the world

Rwanda is the 29th easiest country to do business in the world, according to the World Bank’s Doing Business Report 2019, released on Wednesday.

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03 October 18

Word Bank: Kenya’s human capital in decline

Kenya’s human capital has declined over the past decade and a half, according to figures from the World Bank.

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29 August 18

Ethiopia: World Bank offers $1bn support following Abiy reforms

Ethiopian prime minister Abiy Ahmed says the World Bank will provide $1 billion in budget support for the country over the coming months, thanks to his sweeping reforms since coming into office earlier this year.

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28 August 18

Portugal invested more in Rwanda than any other country in 2017

Rwanda Development Board (RDB) has revealed that Portugal was the largest external investor in the country in 2017 – accounting for 23.8% of the top ten foreign investors last year. Portuguese firm Mota Engil Engenharia e Construcao Africa is behind
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