News

Lower Africa Business Confidence Index reflects uncertainty owing to political turmoil

03-04-2011 | 14:03:57
Manufacturing index 58.1 and non-manufacturing index 60.3 both indicating expansion; rate of change is slower than previous month The African Business ...

Kenya Airways Supports School within the Eselenkei Group Ranch

03-02-2011 | 14:06:32
As part of its commitment to Corporate Social Responsibility, Kenya Airways has donated desks to Iloirero Primary school within Amboseli National Park ...

Africa Travel - Tourism

03-02-2011 | 14:05:38
National flag carrier and Pride of Africa Kenya Airways has moved to boost its aircraft piloting crew capacity in a race to increase the number of first ...

New World Bank Plan of Support for Africa

03-02-2011 | 14:03:59
With Africa facing an unprecedented opportunity to transform itself and improve the lives of its people, the World Bank is responding with a new, ambitious ...

South Sudan, Donor and IFC Partnership Supports Development of Vibrant Private Sector

03-01-2011 | 14:09:11
The government of South Sudan, with the support of donors, IFC and the World Bank Group, today launched an important partnership program that will support ...

Ethiopian Cargo Wins "AFRICAN CARGO AIRLINE OF THE YEAR" Award

03-01-2011 | 14:06:03
Ethiopian Cargo proudly announces that it has won "THE AFRICAN CARGO AIRLINE OF THE YEAR" award at the Air Cargo Africa 2011 Conference held in Nairobi ...

KCB In 56% Profit Growth to Kshs9.8 Billion

03-01-2011 | 14:03:52
The KCB Group has reported an impressive 56% jump in pretax profits for 2010 from KShs6.3 billion in 2009 to KShs9.8 billion. Group Chairman, Mr. Peter ...

It is phenomenal growth for Equity Bank

03-01-2011 | 14:00:24
EquityBank bounced back to its reputed impressive growth rate by announcing a Kshs 9 billion profit before tax for the year 2010. The Kshs9 billion profits ...

Diamond Bank Partners With USAID To Lend $8.3m To Nigerian Healthcare Entrepreneurs

03-01-2011 | 13:55:23
Diamond Bank, one of the leading banks in Nigeria has in line with its tradition of playing a leading role in engineering the growth of Micro, Small ...

Delegates on U.S. Chamber Infrastructure Mission Meet with Leadership of Kenya’s Vision 2030

02-28-2011 | 13:58:41
A delegation of U.S. executives, organized by the U.S. Chamber of Commerce’s Africa Business Initiative (ABI), met with the leadership of Kenya’s long-term ...

EABC elects new leaders

02-28-2011 | 13:57:06
Members of the business community in East Africa have chosen Ms Consolata Ndayishimiye, the President of Federal Chamber of Commerce and Industry of ...

Travelport and Kenya Airways sign extended distributor agreement

02-28-2011 | 13:55:41
Travelport and Kenya Airways have today jointly announced that their successful 14 year partnership is set to continue following the signing of a new ...

AfDB Celebrates 1000 Years of International Women’s Day

02-28-2011 | 13:53:27
The African Development Bank (AfDB) will celebrate this year’s International Women’s Day centenary at its headquarters in Tunis and field offices on ...

Right to Dream graduate has been awarded “The Chance” with Nike Academy

02-25-2011 | 09:50:10
David (Titi) Accam, a graduate of The Right to Dream Academy, in partnership with Vodafone Ghana, has been named as one of the eight winners of “The ...

Harper Government Helping Improve Water in Uganda

02-25-2011 | 09:48:57
Mike Wallace, Member of Parliament for Burlington, on behalf of the Honourable Beverley J. Oda, Minister of International Cooperation, announced support ...

Workshop on transport corridor development opens in Dar Es Salaam

02-25-2011 | 09:47:32
A two-day workshop to review the East Africa Corridor Diagnostic Study (CDS) opened today at the Mlimani City Conference Center in Dar es Salaam Tanzania. ...

Ex-Im Bank Approves $1000 Million in Financing for Sale of GE Locomotives to South Africa's Transnet

02-25-2011 | 09:45:48
The jobs of some 600 employees at GE Transportation's facilities in Pennsylvania and its suppliers around the country are being supported by the company's ...

AfDB approves €67.05 Million Investment in West African Development Bank

02-25-2011 | 09:44:28
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, 23 February 2011 in Tunis, a €64-million Line of Credit to the West ...

Pioneer World Bank Project Aims at Improving Urban Services in Zanzibar

02-25-2011 | 09:42:12
The World Bank today approved an International Development Association credit of US$38 million to support implementation of a project aimed at improving ...

World Bank Approves US$104.4 Million in Poverty Reduction Support Financing for Rwanda

02-25-2011 | 09:38:45
The World Bank Board of Executive Directors of the International Development Association  (IDA) approved financing to the Government of Rwanda in the ...