AFRICA

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Uganda’s growing middle class turning to bottled water over soda

Bottled water has become one of fastest growing businesses in Uganda over the past decade. Producers say the changing lifestyle of the growing middle class...

Several countries racing to have Africa’s tallest building

Currently, the distinction of being Africa's tallest building belongs to The Leonardo, in Johannesburg’s upmarket Sandton neighborhood. The skyscraper stands 234m high but projects...

Kenyan entrepreneur upcycles old clothes into functional bags

The passion for buying locally made products is growing at a fast pace in Kenya, and these days, importers of designer handbags - both...

Ethiopian Airlines suspends flights to 30 countries

Africa’s largest carrier Ethiopian Airlines has suspended flights to 30 countries, as part of the measures to combat the spread of coronavirus pandemic with...

Four African countries added to EU blacklist for money laundering

The European Commission added four African countries to a new list of countries that pose financial risks to the European Union due to anti-money...

Billionaires Club: Top 20 billionaires have a combined net worth of...

A record 2,043 billionaires made Forbes' 31st annual ranking of the world's billionaires, as featured in Forbes magazine. Bill Gates remains in the top spot...

Russia to help Ethiopia in development of nuclear energy

Ethiopia and Russia have signed an agreement on cooperation in peaceful use of nuclear energy. The Memorandum is the first of its kind between the...

Ethiopian Airlines ‘fighting for survival’, says CEO

In March, Ethiopian Airlines CEO Tewolde Gebremariam stated he felt the coronavirus pandemic was "a temporary problem" – comparable to a natural disaster or...

Ethiopian Airlines announces plans for new $5 billion airport

Ethiopian Airlines will start constructing a new $5 billion airport later this year, as the rapidly-expanding carrier outgrows capacity at its current base in...

Djibouti opens the most advanced modern port in Africa

Djibouti has opened a new ultra-modern mega port, the Doraleh Multipurpose port – to facilitate its efforts towards providing world class shipping platform. “With this...
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