Rwanda has signed loan agreements worth more than $300 million with China and India as the two Asian leaders made their first visits to the East African nation.
Ethiopia is stepping up its plans to sell shares in Ethiopian Airlines as it looks to open its doors to foreign investors.
Credit Suisse Bank is set to lend Tanzania $200 million for developmental projects, the East African nation has revealed.
Djibouti has launched the largest free trade zone in Africa as the tiny port nation continues its drive to become a global trade leader.
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,
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.
Rwanda’s economy grew by 10.6 percent during the first quarter of 2018, according to National Institute of Statistics of Rwanda (NISR).
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.
International human traffickers are responsible for the rise of beggars across major cities and towns in Kenya, according to officials.
Rwanda and Singapore have signed new investment and airline agreements that will make it easier for businesses to operate between both countries.