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Egypt welcomes Russia’s flight resumption to Red Sea resorts

Egypt welcomed on Thursday Russia's decision to lift the ban on charter flights by Russian airlines to Egyptian Red Sea resorts after around six...

Ghana announces plans to sell social bonds for $2 billion

Ghana is planning to issue green and social bonds of up to $2 billion by November. It's also planning to borrow up to $5...

IMF, World Bank say Sudan meets initial debt relief criteria

The World Bank and the International Monetary Fund announced that Sudan has met the initial criteria for over $50 billion in foreign debt relief,...

South Africa’s Cape Town launches project to grow cruise economy

Western Cape Province and Cape Town, the provincial capital, in the southern extremity of the African continent are determined to cash in on their...

Ethiopia, Kenya, S. Sudan fast-track mega regional infrastructure development program

Ethiopia, Kenya and South Sudan reiterated their commitment to advance the implementation of a mega infrastructure project in the East Africa region, also known...

Volkswagen to stop selling combustion engines in Europe by 2035

Volkswagen said Sunday it plans to stop producing cars with internal combustion engines in Europe for its eponymous flagship brand between 2033 and 2035,...

S.Africa, Mozambique state energy firms to increase shareholding in gas pipeline

State-owned energy companies from South Africa and Mozambique have exercised their rights to buy the 30 percent stake in the ROMPCO natural gas pipeline...

Sudan to cut government spending, increase social spending

Sudan's cabinet has said that it will cut its governments spending and increase social spending, after completing a raft of rapid economic reforms this...

UNECA announces initiative to spur AfCFTA role in Africa’s post-COVID-19 economic...

The United Nations Economic Commission for Africa (UNECA) announced an initiative to assist African countries to craft national African Continental Free Trade Area (AfCFTA)...

Ethiopian Airlines starts operating flights with fully COVID-19 vaccinated crew

Ethiopian Airlines Group has started operating flights with fully vaccinated crew against COVID-19. The airline says the move is designed to keep travellers safe. CEO Tewolde...
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