Tag Archives: Economy

04 June 19

Tanzania, Zambia agree $1.5 billion oil pipeline deal

Tanzania and Zambia have settled plans to build a $1.5 billion oil pipeline between the two countries, according to Tanzania’s energy minister.

cat
03 June 19

Kenya to issue new banknotes in battle against corruption

Kenya President Uhuru Kenyatta has announced the country will introduce a new generation of banknotes in an effort to curb corruption.

cat
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.

cat
23 April 19

Tanzania blocks IMF report criticising government policies

Tanzania has refused to authorise the publication of a report by the International Monetary Fund (IMF) that criticises the government’s policies and their impact upon the economy.

cat
10 April 19

Tanzania: IMF cuts 2019 economic growth forecast to 4 percent

The International Monetary Fund (IMF) has cut its forecast for Tanzania’s economic growth for this year and 2020 to four percent, down from previous expectations.

cat
23 February 19

Ethiopia earned $1.4 billion from tourism in second half of 2018

Ethiopia generated $1.4 billion USD from tourism revenue in the second half of 2018, state-affiliated broadcaster FBC reported on Wednesday.

cat
18 February 19

Ethiopia, Djibouti sign gas pipeline deal

Ethiopia and Djibouti have agreed to build a pipeline that will carry gas from land-locked Ethiopia to an export terminal in its neighbouring coastal port nation, Djibouti.

cat
11 February 19

South Sudan to reach pre-war oil production levels by mid-2020

South Sudan’s oil minister says the country will return to pre-war oil production levels by mid-2020.

cat
20 January 19

What would a Chinese economic slowdown mean for Africa?

China’s extensive investment in Africa has drawn a lot of attention in the Western media over the past couple of decades. The Asian powerhouse has established itself as the single largest investor in Africa, promising to invest $175 billion across
Read More

cat
14 January 19

Eritrea and Somalia among the world’s least powerful passports

Eritrea and Somalia have been named among the countries with the least powerful passports in the world.

cat
Search
Newsletter

Popular
Follow me on Twitter