Tag Archives: Development

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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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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