The insurance sector in East Africa is receiving a major boost with the adoption of common regulatory standards that supervises cross border activities of insurance firms.
The East African region has been hailed as a magnet for investors both local and beyond. What with good climate, huge investment in infrastructure, a burgeoning middle class with an affinity for spending and a thriving work force. It is truly a cocktail of incentives for any investor
ECONET Group founder Strive Masiyiwa says he is considering a separate listing next year for subsidiary Liquid Telecom which currently is probably the largest operator of fibre and business satellite services on the African continent.
Kenya and Burundi’s 2014 foreign direct investment grew significantly, pushing the overall regional [FDI] inflows past the $7 billion mark.
The U.S. Trade and Development Agency has awarded a grant to Gigawatt Global Burundi S.A. to support the development of a 7.5-megawatt (MW) solar photovoltaic power plant in Mubuga, Burundi.
Members of the Joint Commission in charge of Border Demarcation between Burundi and Tanzania concluded their Joint Technical Committee meeting on the reaffirmation of the international boundary between the two countries, in Bujumbura, Burundi.
The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, September 24, 2014 approved a US $29.49-million grant to help finance ...