Credit Suisse Bank is set to lend Tanzania $200 million for developmental projects, the East African nation has revealed.
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,
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.
Rwanda’s economy grew by 10.6 percent during the first quarter of 2018, according to National Institute of Statistics of Rwanda (NISR).
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
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.
Kenya exported its first shipment of crude oil on Sunday, joining Uganda as the only two East African nations to export the commodity.
During the mid-1990s, most of Africa was frozen out of global economics entirely, due to crippling debts they simply couldn’t pay. Essentially bankrupt, more than 30 countries across the continent were tied down by overheads beyond their means and major
Visit Rwanda says the number of British travellers visiting the country has risen by more than 20 percent over the past 12 months.
Ethiopia and Kenya on Monday revisited plans for a series of mega link infrastructure projects between the neighbouring countries.