Uganda: Central Bank Reduces Lending Rate to 14 Percent
09/08/2016As part of efforts to support the country’s high economic growth and private sector credit, the Bank of Uganda (BoU) has recently moved to provide a stimulus in the economy.
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Telco towers deal “boost to enterprise and business growth in Democratic Republic of Congo”-EAIF chair
08/08/2016US$20 million loan is 5th EAIF deal with Helios Towers Africa The Emerging Africa Infrastructure Fund (EAIF or the Fund) has announced that it has loaned US$20 million to.
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EAC to Phase out Dollar as Cross-Border Trade Currency
08/08/2016Members of the East African Community states have recently announced that the America dollar will soon seize to be the medium of exchange for cross-border trade. This.
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Orange, Sonatel Acquire Airtel Sierra Leone
05/08/2016By: Barnabas Thondhlana Orange, one of the world’s leading telecommunications operators, together with its Senegal-based partner Sonatel, has completed the acquisition of 100% of the mobile operator Airtel in Sierra.
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Tanzania to Earn Sh1 Billion Yearly from Airspace
05/08/2016The Government of Tanzania is anticipated to earn Sh1 billion yearly from the handling and management of airspace. Tanzania has written to the International Civil Aviation Organisation (ICAO) requesting.
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African Exporters Seek Easy Access to U.S.
04/08/2016By Rodrigue Rwirahira Rwandan beneficiaries of the African Growth Opportunity Act (AGOA), a trade preference programme between the US and select African counties, have called for easier access to.
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Zimbabwe Current Deficit to Rise to US$ 2.8 Billion in 2016
02/08/2016By: Barnabas Thondhlana United Kingdom-based researcher Exotix Partners, has projected Zimbabwe’s current account deficit to rise to US$2,8 billion this year, largely due to a widening trade deficit despite a.
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NNPC, NLNG Collaborate to Tackle Sector-based Challenges
28/07/2016The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Liquefied Natural Gas (NLNG) have promised to continue to work together in order to promote their business interest in the hydrocarbon.
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Kenya: Safaricom Drops Roaming Charges By Up to 99%
26/07/2016Following successful negotiations with its global network of partners, Safaricom has recently reduced roaming charges for calls and data by up to 99 per cent for over 200 networks across.
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African Aviation Still Profitable – Ethiopian Airlines
25/07/2016A top official of Ethiopian Airlines has recently said there is still potential for commercial African airlines to exploit opportunities in the airspace.
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