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Ethiopia’s Ethio Telecom says revenues jumped 31%

State monopoly Ethio Telecom, expected to be partly sold off as Ethiopia liberalises its economy, saw a 31.4% rise in revenues in the 12...

Kenya to launch its mega railway project end of May

Kenyan President Uhuru Kenyatta is set to officially launch the new standard gauge railway that will connect the coastal city of Mombasa and the...

Kenya introduces drought resistant beans

As Africa grapples with effects of El Nino, efforts are underway to combat these devastating repercussions. In the Kenyan town of Machakos, the Kenya Agricultural...

Sudan opens up gold market in effort to raise revenue

Sudan has begun allowing private traders to export gold, a measure designed to crack down on smuggling and attract foreign currency into the country’s...

Nigeria, Jamaica launch inaugural direct flight

Nigeria and Jamaica completed a direct flight from Nigeria’s largest city Lagos to Montego Bay on Monday as the two nations attempt to pave...

AfDB approves extra $370m for dam in Kenya

Kenya is set to receive more than $370m in loans from the African Development Bank for the completion of a dam in the country’s...

Kenya welcomes Chinese firms to invest in manufacturing sector

Kenya on Tuesday called on Chinese firms to invest in the country to help Kenya achieve its ambitious manufacturing targets. Peter Munya, cabinet secretary in...

Nigerian acting president suggests offering employment to illegal refiners

Nigeria's acting president Yemi Osinbajo says the federal government must offer employment to illegal refiners in the oil rich Niger Delta to end costly...

KFC resumes Zimbabwe operations

International fast food chain KFC re-opened its stores in Zimbabwe on Friday after close to a month. KFC shut down its operations in the southern...

Brexit backlash in Uganda: Bank of Uganda sells off dollars to...

The Bank of Uganda has intervened in the market to stem volatility following the UK's vote to leave the European Union. The Central Bank says...
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