AFRICA

FOLLOW US:

Kenya’s standard gauge railway usage hits new high ahead of festive...

Kenya's standard gauge railway trains ferried 1.74 million passengers in the first nine months of 2022, up more than a quarter as compared to...

Gulf countries eye Africa for trade

The African Continental Free Trade Area has increased the appetite of Africa's trading partners and the rush to secure more economic cooperation opportunities. The...

The world marks International Day of Banks

December 4 is the official International Day of Banks, marked globally to recognize the significant potential of multilateral development banks and other international development...

Commercial mushroom farming gains momentum in South Africa

In recent years, mushroom growing has spawned thousands of jobs as demand for the crop continues to grow. Highveld Mushrooms, is one of the oldest...

AfDB forecasts East Africa economies to grow by 4 percent in...

East African economies are expected to grow by four percent in 2022, the African Development Bank (AfDB) said on Friday. According to the lender's East...

Egyptian currency slides to record low

Egypt's currency fell by more than 14 percent to a record low against the U.S. dollar on Thursday, Refinitiv data showed, after the central...

IMF says Equatorial Guinea GDP growth may be lower than initially...

The International Monetary Fund (IMF) projects Equatorial Guinea’s real gross domestic product (GDP) growth for 2022 may be lower than the 5.8 percent anticipated...

GSK to switch to third-party distribution of medicines in Kenya, no...

British pharmaceutical giant, GlaxoSmithKline (GSK) is ceasing commercial operations in Kenya but wants consumers to know that it will continue supplying medicines and vaccines...

Uganda minister slams European Union criticism of mega oil project

Uganda's energy minister on Tuesday slammed the European Parliament for seeking to delay a massive and controversial East African oil project over human rights...

Kenya shilling weakens to record low against U.S. dollar

Kenya’s shilling slid to a record low against the dollar, widening its fall since the start of the year to 5.7 percent, as greenback...