Tag Archives: Economy

26 July 18

Ethiopia steps up plans to sell Ethiopian Airlines shares

Ethiopia is stepping up its plans to sell shares in Ethiopian Airlines as it looks to open its doors to foreign investors.

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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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06 July 18

Djibouti launches Africa’s largest free trade zone – with help from China

Djibouti has launched the largest free trade zone in Africa as the tiny port nation continues its drive to become a global trade leader.

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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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20 June 18

Kenyan doctors lose appeal to block Cuban specialists working in country

A group of Kenyan doctors has lost its appeal to the country’s Employee and Labour Relations Court, attempting to block the deployment of Cuban doctors across the African nation.

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18 June 18

Human traffickers blamed for rise of beggars in Kenya

International human traffickers are responsible for the rise of beggars across major cities and towns in Kenya, according to officials.

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17 June 18

Rwanda, Singapore sign investment and aviation deals

Rwanda and Singapore have signed new investment and airline agreements that will make it easier for businesses to operate between both countries.

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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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