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Ethiopia’s real estate grows as investors pour funds into the sector

The real estate sector is a major employer in Ethiopia, with numerous high-rise building and apartments coming up across Addis Ababa. Some projects are government-funded,...

President Kenyatta launches program to tackle Kenya’s youth unemployment

Kenyan President Uhuru Kenyatta on Thursday launched the Mastercard Foundation Young Africa Works program in the capital, Nairobi, which aims to complement efforts by...

Half of South Africa’s stimulus plan to come from spending shift

South Africa’s shifting budget priorities will provide roughly half of the 50 billion rand ($3.5 billion) in stimulus spending it plans to make by...

Recalled Samsung’s smartphone banned in some African countries

Tech giant Samsung is struggling to deal with the global recall of its latest offering -- the Note 7. Although sales have so far been...

Meet Ghana’s Dancing Fountain

Ghana has launched what is believed to be the continent's first "dancing fountain", a fountain illuminated by lights and coloured projectors accompanied by a...

World Bank, IMF officials wrap up visit to Morocco

A high-level team from the World Bank Group (WBG) and the International Monetary Fund (IMF) Friday concluded a two-day visit to Morocco to prepare...

Nigeria’s Azikwe Airport named ‘most improved’ in safety in Africa

Nnamdi Azikiwe International Airport in Abuja, Nigeria has been chosen as “the best improved airport in safety” by Airports Council International, (ACI) Africa region. According...

IMF pressures Kenyan government to remove interest rate controls

The International Monetary Fund is continuing to pile pressure on Kenyan authorities to remove interest rate controls. It maintains they are harming the economy. The...

Zimbabwe extends load shedding hours

The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) on Saturday announced a Stage 2 load shedding schedule where consumers will suffer extended power outages...

East Africa’s telecommunication experts discuss increasing internet access

East Africa's top experts on fibre optics communication and technology gurus have met in Kenya's capital Nairobi. The meeting, themed "Optical Infrastructure for One African...
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