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South Africa to introduce huge discounts to encourage local travel

South Africa Tourism (SAT) launched the 2021 Sho't Left Travel Week during which tourists are given discounts to encourage local travel to revive the...

Angola’s new diamond development hub to boost cutting capacities

Angola has unveiled the Saurimo diamond development hub, seeking to consolidate its position as a leading diamond-cutting producer, Minister of Mineral Resources, Petroleum and...

Kenyan Treasury says growth to fall below 6 percent in coming...

Kenya's economic growth is projected to slow down to 5.9 percent in the 2022/2023 financial year due to the uncertainty associated with the general...

Kenya’s KCB bank acquires Rwandese bank

Kenyan regional bank, KCB Group, has completed the acquisition of Banque Populaire du Rwanda (BPR) from Atlas Mara Mauritius and Arise. Joshua Oigara, CEO of...

East Africa’s tourism sector loses $4.8 billion, 2 million jobs due...

East Africa’s tourism sector lost more than $4.8 billion and 2 million jobs in 2020 amid COVID-19 curbs, according to a report released Wednesday. The...

Ghana to transform fisheries sector for enhanced livelihoods, job creation: official

Ghana will strive to transform the fisheries sector in a bid to create more jobs and enhance livelihoods, said a senior official Tuesday. Akosua Frema...

UNITEL launches mobile money service in Angola empowered by Huawei

UNITEL on Monday launched a digital money service dubbed, "UNITEL Money" in Angola, the UNITEL's press office confirmed here to Xinhua. The service allows users...

South Africa’s rooibos tea receives designation of origin protection by European...

South Africa's rooibos tea made history by becoming the first African product to be granted Protected Designation of Origin (PDO) status in the European Union. EU...

Algeria posts GDP growth of 2.3 percent in the first quarter

Algeria’s gross domestic product (GDP) grew 2.3 percent in the first quarter of this year helped by a better performance from the energy sector,...

GM expands Chevrolet Bolt EV recall, adding $1 bn in costs

General Motors expanded a recall of its Chevrolet Bolt on Friday, announcing plans to repair thousands more of the electric autos in a move...
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