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30-10-2014 22:52:00 | by: Administrator | hits: 7671720 | Tags:

Central Bank of Somalia and Somali Financial Institutions work to modernize banking sector
19-01-2018 | 11:27:14
The Central Bank of Somalia and Somali Financial Institutions are taking crucial steps to modernize national payments systems.
ExxonMobil acquires exploration acreage offshore Ghana
19-01-2018 | 06:34:00
International energy company ExxonMobil has signed a petroleum agreement with the government of Ghana to acquire exploration and production rights for the Deepwater Cape Three Points block.
Dow AgroSciences and University of California Davis team up with Consortium to advance orphan African crops
18-01-2018 | 11:30:00
Bambara groundnut. Drumstick tree. Apple-ring tree. While many have never heard of these crops, they produce nutrition essential in Africa.
[Côte d’Ivoire] Didier Drogba Foundation opens its first school, with support of Nestle and International Cocoa Initiative
18-01-2018 | 10:54:00
350 children can now have access to quality education in the rural cocoa growing community, thus decreasing the risk of them engaging in child labour on cocoa farms.
Egypt receives $500 million from AfDB to support governance reforms
18-01-2018 | 06:28:00
The Board of Directors of the African Development Bank has approved a $500-million loan to finance Egypt’s Economic Governance and Energy Support Program Phase III.
IMF completes Rwanda’s review, approves final disbursement of $26 million standby credit facility
17-01-2018 | 09:54:21
The International Monetary Fund (IMF) Executive Committee has approved the extension of the eighth Policy Support Instrument (PSI) review and third and final disbursement of Special Credit Facility worth US$ 25.8 million.
ITFC signs $210 million agreement with Gambia government to support energy and agriculture
17-01-2018 | 07:06:00
The International Islamic Trade Finance Corporation, a member of the Islamic Development Bank Group has signed a $210 million Framework Agreement with Government of The Gambia for financing over a three year period.
[Kenya] Government to merge six financial agencies to form a mega development bank
17-01-2018 | 07:01:47
The Kenyan government has started a process to set up one strong financial institution that will merge functions of several organizations that currently run parallel and sometimes perform overlapping roles.
[Kenya] Securities lending and borrowing expected to enhance liquidity in capital markets
16-01-2018 | 13:02:39
The Capital Markets Authority (CMA) has lauded the Cabinet Secretary to the National Treasury for the gazettment of the Capital Markets, Securities Lending, Borrowing and Short-Selling, Regulations 2017,
African Development Bank launches the 2018 edition of the African Economic Outlook
16-01-2018 | 12:03:00
The African Development Bank is set to launch the 2018 edition of its yearly flagship report. As a leading African institution, the Bank is the first to provide headline numbers on Africa’s macroeconomic performance and outlook.
[Kenya] A.M. Best affirms credit ratings of PTA Reinsurance Company
16-01-2018 | 09:15:00
Credit rating agency A.M. Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating “bbb” of ZEP-RE, PTA Reinsurance Company, Kenya.
South Sudan joins Africa Trade Insurance
16-01-2018 | 07:26:00
In his New Year message President Salva Kiir Mayardit emphasized the need to build a peaceful, prosperous, secure, and stable South Sudan. The country’s now completed membership in the African Trade Insurance Agency underscores this message.
[Burkina Faso] Roxgold receives government’s nod to develop the Bagassi South Project
15-01-2018 | 13:19:16
Gold mining company Roxgold has received permitting approval to develop the Bagassi South Project from the Burkina Faso Ministry of Environment and Sustainable Development.
Comoros bets on diaspora remittances to finance development
15-01-2018 | 08:46:00
Between 2000 and 2013, remittances from Comorian nationals living in France, estimated between 150,000 and 300,000 people, have increased from 12.5 billion to 59 billion Comorian francs, and now represent about 25 % of Comoros’ GDP.
Nigeria consolidates position as African Development Bank’s largest shareholder
15-01-2018 | 06:21:18
Nigeria’s President, Muhammadu Buhari, is set to commission the new office complex of the African Development Bank in Abuja, consolidating the country’s position as the Bank’s largest shareholder.
Volkswagen to double production in Kenya, explores second model
15-01-2018 | 06:13:57
German carmaker Volkswagen is looking to double production in Kenya and to introduce a new model at its plant in Thika, Central Kenya, a huge boost for President Uhuru Kenyatta’s Big Four action plan.
IMF completes seventh review for Tanzania, recommends tax policy and administration reforms
12-01-2018 | 08:58:23
The Executive Board of the International Monetary Fund has completed the seventh and last review of Tanzania’s economic performance under a program supported by the Policy Support Instrument (PSI).
Niger receives $ 43 million from the African Development Bank in budgetary support
12-01-2018 | 06:40:00
Niger has received$ 43 million from the African Development Bank to support its budget.
South African Government reaches agreement on potential acquisition of Chevron South Africa by Sinopec
12-01-2018 | 06:32:51
Sinopec - one of China's largest state-owned companies - has undertaken to invest R6 billion in South Africa to upgrade and modernize the Cape Town-based oil refinery owned by Chevron South Africa.
Finance Ministers meet to discuss African Union financing progress
11-01-2018 | 13:29:58
The African Union Commission in collaboration with the Ministry of Finance and Economic Planning of the Republic of Rwanda is organizing a meeting of the Committee of Ten Ministers of Finance (F10) responsible for the Financing of the African Union.
Quality urbanization can stir inclusive and sustainable growth in Africa, ECA
11-01-2018 | 09:03:05
It is critical for African countries to strategically integrate and link urbanization to their national development priorities, plans and visions if urbanization is to contribute to structural transformation and economic development.
[Egypt] Gowling WLG concludes negotiations for landmark Rosatom El Dabaa nuclear power project
10-01-2018 | 10:17:00
Gowling WLG has served as the legal adviser on one of the largest new-build nuclear power construction projects in the world: the El Dabaa project in Egypt, worth more than $30 billion.
Namibia launches biometric passport
09-01-2018 | 12:09:00
In an effort to fulfill International Civil Aviation Organization requirements, Namibia is now only issuing biometric passports, or ePassports, instead of the old machine-readable passports.
Africa set for big things with continental free trade area operationalization, ECA
09-01-2018 | 10:56:47
Africa’s integration agenda is experiencing a critical and momentous epoch with the Continental Free Trade Area scheduled for operationalization this year and with the creation of a Single African Air Transport Market.
Millennium Challenge Corporation selects Gambia for new threshold program
08-01-2018 | 12:15:01
At its quarterly meeting, the U.S. Government’s Millennium Challenge Corporation (MCC) Board of Directors has selected The Gambia for a threshold program – MCC’s smaller grant program focused on policy and institutional reform.
Contemporary exchange rate policies in Eastern Africa: helping or hindering development?
08-01-2018 | 09:21:57
For the past year, a debate has raged over the role and impact of the CFA franc in West Africa. Supporters of the controversial exchange rate arrangement argue that the peg to the Euro has delivered a credible and stable currency while keeping inflation low.
Ghana Government launches instant electronic ID issuance with Entrust Datacard
04-01-2018 | 14:10:00
Entrust Datacard today announced that its technology will be used by the government of Ghana - through a partnership with Identity Management Systems, a subsidiary of Margins Group - to instantly issue national identity cards to Ghanaian citizens.
Morocco joins the World Bank Treasury Government Debt and Risk Management Program
04-01-2018 | 09:14:01
The World Bank Treasury announced today the addition of two new members, Morocco and Ukraine, to the Government Debt and Risk Management program.
Liberia open for investment, says President-elect George Weah
02-01-2018 | 11:07:00
Liberian President-elect George Weah has declared the country open to investment and pledged to tackle entrenched corruption, in his first speech to the nation since decisively winning an election last week.
Somali regains control of its airspace after 27 years
02-01-2018 | 08:07:00
The federal government of Somalia officially has taken over the control of its airspace and launched the opening ceremony of the airspace control tower at Aden Abdulle International Airport in Mogadishu last Thursday.
Egypt calls on World Bank to intervene on Ethiopia dam impasse
28-12-2017 | 09:18:00
Egypt said Tuesday the World Bank should be brought in to resolve tensions with Ethiopia over a massive dam on the Nile River that Egypt says threatens its water security.
Improving project bankability key to bridging Africa's infrastructure gap, African Union
28-12-2017 | 08:13:37
Preparing a pipeline of bankable sustainable infrastructure projects is vital, participants of the Programme for Infrastructure Development in Africa (PIDA) Week heard.
Africa makes a case for continental free trade area
28-12-2017 | 08:05:23
In 2012, the African Union Summit made a decision on boosting intra-African trade and fast-tracking the Continental Free Trade Area.
Certification opens up international markets for West Africa products
27-12-2017 | 10:47:00
Three product certification bodies (PCBs) in West Africa have obtained international recognition of their competence to certify products vis-à-vis national and international standards.
Rwanda Standards Board acquires international accreditation of food safety certification schemes
22-12-2017 | 10:32:00
Products will now find it easier to enter and compete in the international market following the accreditation of Rwanda Standards Board (RSB) byDutch Accreditation Council (RVA), an internationally recognised standards accreditation body.
Rwanda and World Bank sign $80 million agreement to support effectiveness in Rwanda’s social protection system
22-12-2017 | 06:29:38
The Government of Rwanda and the World Bank have signed a $80 million financing agreement to support the effectiveness of Rwanda’s social protection system, the flagship Vision 2020 Umurenge Program for targeted vulnerable groups.
USAID promotes strategic partnerships in Ghana’s oil and gas sector
21-12-2017 | 13:18:12
As part of a program to improve the competitiveness of local businesses, the United States Agency for International Development (USAID) and the Government of Ghana have held a conference for stakeholders in the oil and gas sector.
Africa needs to fix its energy problems to accelerate and sustain growth, UNECA
21-12-2017 | 12:06:34
Africa will not be able to accelerate and sustain growth without adequate access to energy, says Economic Commission for Africa’s Executive Secretary, Vera Songwe.
[Column] Phyllis Wakiaga: Human capital development holds the key to Kenya’s economic progress
21-12-2017 | 08:04:11
The Global Human Capital Index released by the World Economic Forum this year, ranked Kenya at position 78 out of 130, up from position 120 in 2016.
Economic Commission for Africa, IMF look to forge new relationship for Africa’s long term growth
20-12-2017 | 13:11:50
The Economic Commission for Africa’s Executive Secretary, Vera Songwe has warned about a demographic trap for African countries if appropriate policy measures are not put in place to help manage demographic bulge.
[Sierra Leone] Solar Park Freetown project is successfully inaugurated
20-12-2017 | 07:30:00
The Government of Sierra Leone is pleased to announce that Sierra Leone has undergone a number of critical steps leading up to the historic landmark event on 12th of December 2017, where the Solar Park Freetown project was inaugurated.
International Islamic Trade Finance Corporation supports Cameroon's cotton industry with €100m
19-12-2017 | 08:52:09
The International Islamic Trade Finance Corporation signed a EUR 100 million syndicated agreement with the Government of Cameroon and Sodecoton as the Executing Agency for the export of cotton and the import of agricultural inputs.
Rwanda and World Bank sign $68 million grant to Improve Connectivity to Agricultural Markets Centers
19-12-2017 | 05:52:00
The Government of Rwanda and the World Bank Group have signed a $68 million Additional Financing Grant Agreement for the on-going Feeder Roads Development Project (FRDP) sourced from the Multi-Donor Trust Fund (MDTF) for Rwanda Feeder Roads Development.
ECOWAS, World Bank reiterate commitment towards regional integration
19-12-2017 | 05:47:00
The Commission of the Economic Community of West African States (ECOWAS) and the World Bank have agreed to collaborate closely in the areas of infrastructure, transportation, energy, agriculture and food security.
Ghana Export Promotion Authority unveils digital market hub
18-12-2017 | 12:24:00
The Ghana Export Promotion Authority (GEPA) has launched a national digital market hub, designed to support and guide local exporters and investors in their business interactions .
[Column] Nana Yaa Ofori-Atta: Ghana's big push to attract investment from Asia - Japan, Singapore, China - is well underway
18-12-2017 | 08:53:00
At a breakfast meeting held in Accra on Friday December 15th, the Minister of Finance, Ken Ofori-Atta, announced that "we are today examining the possibilities of arranging for a total of $300 - $500m Ghanaian debt issuance on Asian capital markets."
Payroll compliance high on the agenda for East African tax authorities
15-12-2017 | 06:51:00
The Pay As You Earn tax year-end is looming in most East African territories, and governments are clamping down on non-compliance among businesses and individual taxpayers as they strive to raise more funding for public spending.
[Côte d'Ivoire] Globeleq's Azito power plant upgrade to boost capacity stabilizing supply
14-12-2017 | 11:30:00
Globeleq, a power producer focused on Africa, says its majority owned subsidiary, Azito Energie and the Government of Côte d'Ivoire have signed an agreement to enable implementation of technical improvements to its Azito combined cycle power plant .
Nigeria signs joint declaration on economic cooperation with European Free Trade Association
13-12-2017 | 13:53:37
Nigeria has signed a joint declaration on Economic Cooperation with the European Free Trade Association (EFTA) in Buenos Aires, Argentina, on the sidelines of the World Trade Organisation (WTO) 11th Ministerial Conference.
IMF approves $170 million credit facility to Guinea to support national social and economic development plan
13-12-2017 | 09:52:33
The Executive Board of the International Monetary Fund (IMF) has approved a three-year arrangement under the Extended Credit Facility (ECF) for Guinea for an amount equivalent to $170 million, or 56.25 percent of Guinea’s quota.
Rwanda and Republic of Korea sign $7 million to support IT development in schools
12-12-2017 | 13:39:27
The Government of Rwanda and the Republic of Korea signed a financing agreement worth $7 million to support ICT development in schools.
Better Mill Initiative gains government support for expansion in Ethiopia
12-12-2017 | 13:36:28
Owing to the success of the Better Mill Initiative in Ethiopia last year, Solidaridad expanded the scope of the programme in 2017.
[Column] Peter Eigen: Transparency is key to corruption-free infrastructure in Africa
12-12-2017 | 05:23:00
Corruption is nothing new and it’s certainly not unique to Africa. When I worked in the World Bank’s East Africa office back in 1991, it was not just common to see multi-national companies in developed countries pay bribes to secure lucrative projects in Africa.
World Bank and Egypt sign $1.15 billion loan to boost economy, create jobs
11-12-2017 | 06:52:19
The World Bank and Egypt signed a US$ 1.15 billion loan agreement today to support ongoing reforms that have helped stabilize the economy, mobilized US$17 billion in private investments in the energy sector and enabled the transfer of fiscal resources to social protection programs.
African economists seek bolder monetary policy reforms to address inequality
11-12-2017 | 06:40:00
African economists attending the 12th African Economic Conference in Addis Ababa, Ethiopia, have called for more radical monetary policy reforms and an overhaul of the tax policy regime in most countries.
ECOWAS finance ministers in last push for common customs regime
08-12-2017 | 08:00:00
ECOWAS Ministers of Finance have validated draft integration instruments meant to enhance a common customs framework for the region.
African Development Bank approves 2017-2021 Central Africa Republic Country Strategy Paper
08-12-2017 | 05:25:00
The Board of Directors of the African Development Bank has approved the new Country Strategy Paper (CSP) for the Central African Republic , which will serve as a reference framework for Bank interventions between 2017 and 2021 and support the country's National Recovery and Peacebuilding Plan .
Senegal’s $620 million new International Blaise Diagne Airport unveiled
08-12-2017 | 05:17:00
Senegal’s new International Blaise Diagne Airport (AIBD), a 525 million euro infrastructure masterpiece, co-financed with the African Development Bank has been unveiled.
Arab Maghreb Union seek collaboration with COMESA
08-12-2017 | 05:15:00
The Secretary General of the Arab Maghreb Union, Dr Taieb Baccouche and senior official are on three days visit to the COMESA Secretariat to discuss possible areas of co-operation between the two regional economic groupings.
World Bank and Government of Rwanda sign agreement to enable financially sustainable expansion of electricity services
07-12-2017 | 06:29:29
The World Bank Group and the Government of Rwanda have signed a $125 million Financing Agreement for the First Programmatic Energy Sector Development Policy operation.
Angola to build $2 billion fertilizer factory with two million tonnes annual production capacity
07-12-2017 | 06:25:36
The President and CEO of the Dannish group Haldor Topsoe has announced the construction of a factory in Soyo municipality, Zaire province with the capacity to produce two million tons of fertilizer per year.
Egypt, US deepen trade ties with bilateral Trade and Investment Council
06-12-2017 | 11:07:00
The United States and Egypt have met under the bilateral Trade and Investment Council.
[Nigeria] World Bank to help monitor repatriated $321million Abacha funds
06-12-2017 | 08:43:00
The Government of Nigeria, the Swiss Federal Council and the World Bank have signed an agreement on the repatriation and monitoring of $321 million of funds illicitly acquired by the family of former President, General Sani Abacha.
[South Africa] The Department of Trade and Industry creates 800 jobs with $4million investment in Dursot All Joy
06-12-2017 | 06:10:00
The Deputy Minister of Trade and Industry, Mr Bulelani Magwanishe says the grant of almost R50 million, $4million, from the Department of Trade and Industry (the dti) has contributed to the creation of 300 permanent and 500 contract jobs in Modjadjiskloof, Limpopo.
[Column] Phylis Wakiaga: Protecting intellectual property rights to drive industrialization
05-12-2017 | 08:30:00
In the 2017 Global Innovation Index, institutions that nurture and support the flourishing of innovation, regardless of whether it is research-based or not, were identified as critical to industrial growth.
Sierra Leone parliament ratifies key Bumbuna II power project documents
05-12-2017 | 06:19:00
Following on from the Government of Sierra Leone’s signing of the 25-year Power Purchase and Implementation Agreements with Joule Africa in August 2017, these important project documents have now been ratified by the Sierra Leone Parliament.
[Guinea] SMB Winning announces a $3 billion investment in bauxite refinery
05-12-2017 | 06:12:14
The SMB-Winning consortium , a major player in the bauxite sector, has presented to His Excellency Alpha Condé, President of the Republic of Guinea, a project to build an alumina refinery in Guinea
Quality urbanization can stir inclusive and sustainable growth in Africa, UNECA
04-12-2017 | 11:15:00
It is critical for African countries to strategically integrate and link urbanization to their national development priorities, plans and visions if urbanization is to contribute to structural transformation and economic development.
MCC marks closeout of the five year $66 million Cape Verde compact
01-12-2017 | 06:27:00
Millennium Challenge Corporation Vice President for Compact Operations Robert Blau has marked the closeout of the MCC Cape Verde Compact at a ceremony with Prime Minister Ulisses Correia e Silva and U.S. Ambassador to Cape Verde Donald Heflin.
Madagascar eyes economic reforms with $14 million grant from AfDB
30-11-2017 | 13:14:08
The Board of Directors of the African Development Bank Group (AfDB) has approved a $ 14 million grant and a partial credit guarantee from the African Development Bank (AfDB) Facility.
[Column] Bob Koigi: What the entry of small players portends for the flower industry
30-11-2017 | 11:37:03
Africa’s smallholder farmers are the apex of agricultural output in the continent contributing a staggering 75percent of all agricultural production and creating millions of jobs in the process.
Kenya offers visas on arrival to Africans
29-11-2017 | 09:32:00
Kenya President Uhuru Kenyatta has announced that any African wishing to visit the country will be eligible to receive a visa on arrival.
APM Terminals signs agreement with Ghana and Amend for port access roads and highways
29-11-2017 | 07:41:00
The construction of the new port and logistics hub in Tema will have huge benefits for the Ghanaian economy and the livelihoods of Ghanaian people when opened in 2019.
South Africa and Angola to renew economic links to boost trade
28-11-2017 | 06:40:55
The Acting Chief Executive Officer of Trade Investment Africa at the Department of Trade and Industry, Ms Lerato Mataboge says it is vital for South Africa and Angola to renew and strengthen their economic partnership.
[Column] Phyllis Wakiaga: Informal industries as the mainspring for equity and equality
27-11-2017 | 13:23:18
Equity and Equality are two distinctive terms often used interchangeably but have two very different meanings.
World Bank launches seventh edition of Madagascar’s economic update
24-11-2017 | 13:14:00
The World Bank has launched its seventh edition of Madagascar’s economic update.
Caucus seeks to integrate African land linked countries into maritime transport
23-11-2017 | 11:14:32
Experts in port management, policy makers and financiers from across Africa are exploring how to reshape policy and harness the benefits that accrue from maximizing the comparative advantages of land linked countries.
Structural transformation key for rise of North African economies, ECA
23-11-2017 | 06:52:43
The Economic Commission for Africa is focusing on essential components of structural transformation, such as sustainable investment in infrastructures and new industries.
[Nigeria] NNPC reviews corporate Governance to create fraud proof system
20-11-2017 | 08:51:00
The Management of the Nigerian National Petroleum Corporation is executing a major restructuring of its corporate governance framework to engender an accountable and fraud repellent system across its value chain.
AfDB launches Africa NDC Hub with 10 partners to fight climate change
17-11-2017 | 06:34:00
Africa Day, held on 15 November within COP23 in Bonn, was the springboard for the official launch of Africa NDC Hub, the African Platform for Nationally Determined Contributions (NDCs).
Opening of Mutukula one stop border post to boost trade between Uganda and Tanzania
16-11-2017 | 12:32:00
John Pombe Magufuli, President of Tanzania and Yoweri Kaguta Museveni President of Uganda and Amb. Liberat Mfumukeko, East African Community Secretary General have launched Mutukula One Stop Border Post (OSBP) located on the Uganda- Tanzania border.
Mastercard enables a new era of payments in Egypt through innovation, collaboration and digitization
16-11-2017 | 08:18:00
Guided by its vision of a cashless world and since the beginning of its operations in the country, Mastercard has made financial inclusion one of its top priorities in Egypt.
East African Community receives $1.2 million from AfDB to finance multinational road between Uganda and Tanzania
15-11-2017 | 10:00:00
The African Development Bank East Africa Regional Resource Centre (EARC), and the East African Community (EAC) have signed a financing agreement of $1.2 million to finance the Project Preparation Phase of three key Multinational Road Sections between Masaka in Uganda to Kumunazi in Tanzania.
Zambia National Building Society receives $25 million from AfDB to finance affordable housing
14-11-2017 | 13:59:00
The Board of Directors of the African Development Bank Group (AfDB) has approved $ 25 million in Kwacha equivalent to Zambia National Building Society (ZNBS).
BVGH’s African Access Initiative expands to Rwanda
14-11-2017 | 09:10:00
The Government of Rwanda has joined the African Access Initiative (AAI), an international public-private alliance addressing Africa’s escalating cancer crisis.
Groupe PSA sets eyes on Algeria’s manufacturing industry with new partnership
14-11-2017 | 09:05:10
Jean-Christophe Quémard, Executive Vice President, Africa-Middle East of Groupe PSA, has co-signed an agreement in Algiers with the Algerian project partners to create an Oran-based manufacturing company to build cars for the Algerian market.
Full Free Trade Area in sight as remaining COMESA member states make progress to join
14-11-2017 | 07:09:46
Fifteen out of the 19 COMESA Member States as now fully in the regional Free Trade Area with only four countries remaining.
South Africa and the Democratic Republic of Congo to remove obstacles to doing business
13-11-2017 | 10:32:00
South Africa and the Democratic Republic of Congo have committed to remove hurdles that hinder business interactions between business people of the two countries.
Mauritius accelerates towards a low carbon economy, launches $191 million project
13-11-2017 | 08:34:00
The Republic of Mauritius has launched a US$191 million project supported by the Green Climate Fund (GCF) and the United Nations Development Programme (UNDP).
Benin becomes the 17th member of the Africa Finance Corporation
13-11-2017 | 06:09:18
The Republic of Benin (Benin) has become the 17th Member State of Africa Finance Corporation (AFC), Africa's premier infrastructure development finance institution.
UK to double trade support for Ethiopia
13-11-2017 | 06:01:02
The UK has doubled the amount of export finance it is making available to support UK-Ethiopia bilateral trade.
Kenya in renewed effort to boost passion fruit farming
13-11-2017 | 05:57:15
Kenya exported passion fruits in the 90s and early 2000 but since 2003, decline in production started because of pest management challenges.
South Africa prioritizes Association of Southeast Asian Nations in its export diversification strategy
10-11-2017 | 12:41:00
The Deputy Minister of Trade and Industry says South Africa’s export market diversification strategy has identified the Association of Southeast Asian Nations economic bloc as one of the priority markets for the country’s exports.
[Column] Phyllis Wakiaga: Why Kenya Needs an Industrial Water Policy
10-11-2017 | 12:38:13
Water is becoming an increasingly paradoxical subject; mainly because it is a universal basic need without which there would be no life, and yet, it is fast becoming the foremost depleted and scarce resource in the world.
Enhancing tourism competitiveness can accelerate growth in Eastern Africa, ECA
10-11-2017 | 11:39:09
Tourism is now emerging as a dynamic sector for economic growth and development in Eastern Africa.
[Column] Bob Koigi: The farm to folk business and getting our priorities right
09-11-2017 | 12:12:00
Africa can be the world’s breadbasket, numerous studies have suggested, painting a picture of a continent poised to emerge as a key supplier of food in a globe where population explosion and food price spikes are taking a toll on farmland produce.
Zambia launches its first national financial inclusion strategy
09-11-2017 | 06:57:00
The Government of Zambia has launched its National Financial Inclusion Strategy, and its Financial Sector Development Policy, and Financial Capability Survey Report with support from the World Bank Group.
Suez Canal Economic Zone Authority and DP World sign agreement for development of economic zone in Sokhna, Egypt
09-11-2017 | 06:52:00
Admiral Mohab Mamish Chairman of the Suez Canal Authority and Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, have signed a partnership to develop an integrated industrial and residential zone at Sokhna in Egypt.
[Tunisia] European Investment Bank, Banque de l'Habitat sign $140 million credit facility to boost business financing
09-11-2017 | 06:44:00
The European Investment Bank and Banque de l'Habitat have signed a new line of credit to strengthen access to bank financing for Tunisian companies, supporting more than 250 SMEs and over 1,600 jobs in Tunisia.