Somalia joins DR Congo in seeking to join East African Community
Somalia has joined DR Congo in seeking to join the fast-growing East African Community. The community currently consists of six nations namely; Kenya, Tanzania, Uganda, Rwanda, Burundi, and South Sudan. [...]
Airtel to pay Tanzania $26 million in dispute settlement
The Indian Telecommunications firm Bharti Airtel has agreed to pay $26 million (KSh2.6 billion) to the Tanzanian government over the next five years following a dispute over the ownership of [...]DRC Expresses Interest to Join the East Africa Community
Democratic Republic of Congo President Felix Tshisekedi has expressed interest in his country’s interest to join the East African Community as the 7th member. In a letter written to President [...]
Ethiopia opens its telecommunications industry to foreign firms
Ethiopia has one telecommunications company, Ethio Telecom, which is owned by the government. The country intends to open up its Telecom industry by issuing operating licenses to international mobile companies [...]2019 Eisenhower Fellowships to be held in Kigali
For the first time in Africa, Rwanda's capital will on June 14 and 15 host theannualEisenhower Fellowships, a global program that seeks to identify, empower and connect innovative leaders across [...]Ethiopian Airlines launches Three-Weekly Flights to New York
Ethiopian Airlines will launch three weekly flights from Addis Ababa to John F Kennedy Airport in New York beginning June 17, 2019, making it the second station in New York [...]Citi Issues Buy Rating for Absa, as split from Barclays PLC 69% Done
The separation of Absa Group from the UK-based Barclays PLC is well on course. Absa Group is a banking institution based in South Africa and with subsidiaries across Africa. The [...]Two tales of China in Africa: Why Africa loves China
During the September 2018 Forum for China-Africa Cooperation (FOCAC), African Union Chairperson and Rwandan President, Paul Kagame, lauded the Chinese aid and investment strategy in Africa as a source of [...]UNCTAD Sets Aside €3 million to Develop Trade Data Portal for Africa
The United Nations Conference on Trade and Development (Unctad) has set aside €3 million (Sh339.7 million) to develop national and regional trade information portals in Africa. Under the agreement sealed [...]Ghana's Central Bank Withdraws Licences of 386 Financial Institutions
Ghana’s central bank has withdrawn licenses of 386 Non-Bank Financial Institutions (NBFIs) which have become bankrupt. The Central Bank noted that the revocation of licenses is meant to get rid [...]RwandAir to Commence Direct Flights to Tel-Aviv in June
RwandAir has announced that it will begin a three times a week, direct flights from Kigali hub to Tel Aviv, Israel from 25th June 2019 making it the second destination [...]Airtel Africa Announces Plan to List on London Stock Exchange
Airtel Africa has announced plans to list its shares on London Stock Exchange through an initial public offering which is expected to be completed by June as it seeks to [...]
