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Uganda seeking funds from China to develop oil & gas sector

Uganda wants China to invest more in the country's oil and gas sector. The East African Country is looking for more capital to help...

Beijing confirms fourth case of yellow fever imported from Angola

Beijing's Municipal Commission of Health and Family Planning on Monday announced one more imported yellow fever case, bringing the number of reported cases in...

Nigeria’s Senate approves Central Bank governor for second term

Nigerian Central Bank Governor Godwin Emefiele will serve a second five-year term in office after the Senate unanimously approved his nomination in a vote...

Rwanda GDP growth to slow down in 2020 due to coronavirus

Rwanda’s economic growth is expected to slow to two percent this year from 9.4 percent in 2019 as the COVID-19 pandemic hits tourism, transport...

South African Airways creditors approve restructuring plan

Creditors of South African Airways (SAA) approved a restructuring plan for the loss-making airline on Tuesday, one of SAA’s administrators told a creditor meeting. Administrator...

Rwanda’s new coffee factory begins operations steered at increasing exports

Rwanda’s new dry coffee processing mill that aims to boost the country’s specialty coffee exports has started operations, reports New Times. The factory estimated to...

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...

Huawei, Zimbabwe’s second largest telecoms provider partner in broadband expansion

Zimbabwe's second-largest mobile network provider Net One has partnered with Chinese telecommunications giant Huawei to improve mobile broadband services to the tune of 400,000...

MTN fires back at Nigeria Bank, denies illegal transfer claim

Mobile phone giant MTN has accused Nigeria's central bank of damaging investor confidence after it accused the company of illegally transferring $8bn (£6.1bn) abroad. The...

Total profits hit by volatile oil prices despite record output

French energy major Total said its net profit for the first three months of the year fell 4 percent to $2.8 billion compared with...
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