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Ghana’s central bank has withdrawn licenses of 386 Non-Bank Financial Institutions (NBFIs) which have become bankrupt.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 [...]Ethiopian Airlines signs agreement to help create Ghana’s national Airline
Africa’s most profitable air carrier, Ethiopian Airlines, has signed an agreement with the Ghanaian government to establish a national airline in Accra, Ghana. The proposed airline will be a joint [...]South African Reserve Bank wants to test a digital currency backed by the rand
Most Central banks across the have always been protective of the current monetary system arguing that stability is a top priority, which has made them rather cautious about emerging solutions [...]London Stock Exchange celebrates 66 Kenyan companies in Companies to Inspire Africa
The London Stock Exchange Group publishes an annual ‘Companies to Inspire Africa’ report a list of leading and high-growth potential private companies in Africa. The report aims to raise [...]Coca-Cola To Maintain Majority Stake In CCBA
Coca-Cola Company has announced that it will maintain its majority stake in Coca-Cola Beverages Africa for the foreseeable future. With the change, Coca-Cola will begin presenting the financial statements of [...]
