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Zimbabwe commuter transport operators raise fares following fuel price increases

Commuter transport fares rose by an average 50 Zimbabwe cents on Monday night in tandem with fuel price increases effected by the Zimbabwe Energy...

Report exposes how Mauritius’ status as a tax haven hurts Africa

Latest revelations from a report by the International Consortium of Investigative Journalists-ICIJ shows that poorest countries in Africa are losing out on millions of...

South Africa finds an extra $4.2 billion to help Eskom

South Africa is pumping more financial support into ailing state-owned power utility Eskom Holdings with an additional 59 billion rand ($4.2 billion) spread over two...

Uganda banks on expositions in China to attract investors, market

Uganda is using platforms availed by expositions in China to attract investors and also make sales. The most recent exposition was the first China-Africa Economic...

Namibia seeks to lure more investment from China

Namibia's Ministry of Industrialization, Trade and SME Development together with the Chinese Embassy and other stakeholders hosted a business forum and B2B meetings with...

Africa’s biggest wind power plant launched in Kenya

Kenya on Friday inaugurated Africa's biggest wind power plant, a mammoth project in a gusty stretch of remote wilderness that now provides nearly a...

Pepsi gains foothold in Africa with $1.7 billion Pioneer deal

U.S.-based PepsiCo struck a deal to buy South Africa’s Pioneer Food Group for $1.7 billion. The companies jointly announced the deal Friday morning much...

Kenya will not block Huawei roll out of 5G network: government...

Kenya’s cabinet secretary for Information, Communication and Technology Joe Mucheru on Thursday said the country will not follow in the footsteps of the United...

Uganda gears up for first China-Uganda Expo

Uganda is set to hold the first China-Uganda Industrial Capacity Cooperation Exposition scheduled for July 23-26 in the capital Kampala. According to the organizers, although...

Kenyan, Chinese banks launch initiative to boost Sino-Africa trade

Kenya's Stanbic Bank and the Industrial and Commercial Bank of China (ICBC) launched an initiative in Kenya on Wednesday to boost China-Africa trade. The two...
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