Tanzania and Zambia have settled plans to build a $1.5 billion oil pipeline between the two countries, according to Tanzania’s energy minister.
Kenya President Uhuru Kenyatta has announced the country will introduce a new generation of banknotes in an effort to curb corruption.
Keyna has requested a loan of $750 million from the World Bank to fund housing, agriculture and other development projects.
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.
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.
Ethiopia generated $1.4 billion USD from tourism revenue in the second half of 2018, state-affiliated broadcaster FBC reported on Wednesday.
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.
South Sudan’s oil minister says the country will return to pre-war oil production levels by mid-2020.
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
Eritrea and Somalia have been named among the countries with the least powerful passports in the world.