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Ethiopian Airlines reports annual profits up by 10%

The International Air Transport Association may have had low expectations for African airlines this year. But one national carrier is rising above speculation - and has the numbers to prove it. Ethiopian Airlines has reported revenue...

Trade between Zimbabwe and South Africa declining

Ministers representing the 15-member Southern Africa Development Community are currently meeting in Pretoria. The gathering will serve as preparation for the 37th SADC heads of state summit. Zimbabwe's import ban on a number of consumable...

Egypt, China ink deal to build fast tram around Cairo

The Egyptian Ministry of Transport and a coalition of Chinese firms signed on Tuesday an agreement worth $1.24 billion to build a light rail transit in new districts around Cairo. The aspired light rail is...

Malawi to revoke licenses of contractors for doing substandard work

Malawi’s Minister of Transport and Public Works has warned contractors of the risk of losing their licenses for doing sub-standard work, reports Nyasa Times. Contractors that have their licenses revoked will never be given a...

South African designer braves the highly competitive jewelry market

In South Africa, as youth unemployment rates remain stubbornly high, many young people are forced to think creatively to earn a living. One entrepreneur has founded his own jewelry business and capitalises on social...

Uganda to start exporting electricity to Congo

Uganda will start supplying electricity to the Democratic Republic of Congo (DR Congo) in the next three years, reports the Daily Monitor. Uganda signed the Memorandum of Understanding (MoU) to provide power to eastern Congo...

Kenya to build its first high-speed expressway

Kenya will construct its first high speed expressway connecting the capital city, Nairobi and its coastal city of Mombasa in the next six years, report the Business Daily. The construction of the 473 kilometre modern...

New polystyrene technology expected to lower construction costs

Laying the foundations of an attempt to solve Uganda's housing problem,  polystyrene panels are fixed together with wire mesh, then reinforced with concrete to create affordable homes. Real estate developer Wolfgang Enderlie is the brains...

Africa’s richest man to invest $150 Million on a solar power project in Nigeria

Africa’s richest man, Aliko Dangote, will invest 150 million USD on a solar power project in Northern Nigeria. Dangote group of companies signed a Memoranda of Understanding (MoU) with the county government of Kano in...

Rwanda begins construction of mega airport

The newly re-elected Rwandan President Paul Kagame today lay the foundation of what is to become the country’s main airport worth 818 million USD, reports the New Times. I am pleased to join you today...