Tag Archives: Development

11 August 18

Uganda president calls on youth to ‘wake up’ and pull country out of poverty, joblessness

Uganda President Yoweri Museveni has called on young people in the country to “wake up” and pull themselves out of poverty and joblessness.

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28 July 18

Why does the world ignore the dark side of development in Africa?

Earlier this week, more than 30,000 residents in Kenya were left homeless after their homes were demolished by government cranes and bulldozers. Homes, schools, medical centres and businesses were all destroyed in Kenya’s largest slum – all in the name
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26 July 18

Ethiopia steps up plans to sell Ethiopian Airlines shares

Ethiopia is stepping up its plans to sell shares in Ethiopian Airlines as it looks to open its doors to foreign investors.

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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.

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03 July 18

The other side of ‘overpopulation’ in Africa

While population growth is slowing in the developed world – and even shrinking in certain cases, such as Japan, Germany and Spain – Africa’s population is steeply increasing. For a continent that, in many places, still struggles to feed itself,
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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.

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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).

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05 June 18

Press freedom is becoming even more elusive in East Africa

Press freedom has never been abundant in East Africa but the past few months have seen some of the region’s leading nations implement regulations that stifle media organisations, journalists and publishers. Kenya’s cybercrime bill is being criticised by many as
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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.

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03 June 18

Kenya flags off its first crude oil export, seeking stronger economy

Kenya exported its first shipment of crude oil on Sunday, joining Uganda as the only two East African nations to export the commodity.

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