Tag Archives: Development

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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01 June 18

How serious is Africa’s debt crisis?

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
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01 June 18

Rwanda announces surge in visitors from the UK

Visit Rwanda says the number of British travellers visiting the country has risen by more than 20 percent over the past 12 months.

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08 May 18

Ethiopia-Kenya mega link projects back on the agenda

Ethiopia and Kenya on Monday revisited plans for a series of mega link infrastructure projects between the neighbouring countries.

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