Most Recent News

Hapag-Lloyd Channels Investments Towards East African market

Hapag-Lloyd, multinational German-based transportation company, has continued to focus on the growing market in East Africa. With annual growth rates of approximately six percent, the region tops the list on.

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Economic Commission for Africa Commends Botswana for Fast Growing Economy

Vera Songwe, Executive Secretary of the Economic Commission for Africa, has commended Botswana for being one the fastest growing economies in the SADC region at about four to five percent.

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Kenya, Mediterranean Shipping Company Re-establish Kenya National Shipping Line

President Uhuru Kenyatta was present at the signing of a Memorandum of Understanding between the Ministry of Transport and Infrastructure and the Mediterranean Shipping Company (MSC) for the revival of.

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Malawi Gets £11m From Scotland Govt for Local Projects Until 2023

Malawi government has been boosted with a £11 million (aboput K7.3 billion) from Scottish government allocated to supporting local projects in the southern African nation until 2023. According to a.

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Ethiopia Airlines Offers Shares to African Countries

Ethiopia Airlines has offered its shares to African investors after several years of profitable operation. The airline, which was established in 1945 and owned 100 per cent by the Ethiopian.

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Zimbabwe is producing Chinese documentaries to help revive its tourism business

Zimbabwe’s beleaguered tourism sector is starting to re-engage its international markets, targeting tour operators who had ceased to package the country in recent years. The most high-profile example this month.

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Egypt Ministry of International Cooperation licenses single-shareholder companies

The Minister of Investment and International Cooperation Sahar Nasr signed the regulatory framework for licensing single-shareholder companies, according to a ministry statement on Wednesday. Nasr stated that the sole proprietorship.

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U.S. votes $12.5m for food security in Nigeria

The Feed the Future, a U.S. government global hunger and food security initiative, has earmarked 12.5 million dollars for food security in Nigeria. Dr George Mavrotas, Head of IFPRI Nigeria.

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Libyan Foreign Bank rejects CBL’s decision

The Libyan Foreign Bank (LFB) has issued a statement denouncing the decision taken by the Governor of the Central Bank of Libya (CBL) Al-Sediq Al-Kabeer to dismiss the General Director.

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South African President Cyril Ramaphosa to appoint inquiry into $130 bln state pension fund

South African President Cyril Ramaphosa has agreed to set up a commission of inquiry into alleged governance failures at the state-owned pension fund, the Finance Ministry said on Thursday. “The.

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