Tag Archives: Economy

27 November 18

Ethiopia set to launch its first satellite in 2019 – with help from China

Ethiopia’s space agency has announced plans to launch its first satellite during 2019, with financial and logistical help from Beijing.

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12 November 18

Tanzania: President threatens to deploy army in cashew nut crisis

Tanzania President John Magufuli has threatened to deploy the army amid a dispute between farmers and traders over the price of cashew nuts.

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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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30 October 18

Kenya marks 44% increase in foreign investment

Kenya reported a 44% increase in foreign direct investment (FDI) projects in 2017, according to Consultancy EY.

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09 October 18

CSAG: Extreme weather putting African societies and economies at risk

An increase in extreme weather patterns across Africa is putting the continent’s societies and economies at risk, according to the Climate System Analysis Group (CSAG) at the University of Cape Town.

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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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27 September 18

Somalia secures first World Bank grant in 30 years

The World Bank has approved $80 million in grants for Somalia to fund public finance reforms – the organisation’s first disbursement to the conflict-ridden country in 30 years.

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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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03 August 18

Djibouti: London court rules in favour of DP World

An Arbitral Tribunal of the London Court of International Arbitration (LCIA) has ruled that the Djibouti government’s seizure of the Doraleh Container Terminal from DP World was illegal.

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