COMESA countries agree on implementation of Seamless Upper Airspace
Civil Aviation technical experts from the COMESA region have agreed on the implementation of the regional Seamless Upper Airspace project. Subject to approval by COMESA Council of Ministers, the region [...]
Nigerian Man Pleads Guilty to Participating In Business Email Compromise Scams
Joon H. Kim, the Acting United States Attorney for the Southern District of New York, and William F. Sweeney Jr., Assistant Director-in-Charge of the New York Office of the Federal [...]Air Mauritius Profits Up by 67% to Eur 27.6 Million
Air Mauritius Net Profits shot up by an impressive 67% to 27.6 million euros for the financial period ending 31 March 2017 compared to 16.5 million euros posted in the [...]IMF Executive Board Approves US$133.8 Million Disbursement for Côte d’Ivoire
On June 19, 2017, the Executive Board of the International Monetary Fund (IMF) completed the first reviews of Cote d’Ivoire economic program supported by three-year arrangements under the Extended Credit [...]Namibia unveils world's largest diamond exploration ship
Anglo American’s (AAL.L) diamond unit De Beers on has launched the world’s largest diamond exploration vessel off the coast of Namibia as it looks to maintain high production levels until [...]Zambia’s Suspension of 48 Opposition MPs Is Credit Negative
Moody's Last Tuesday, Zambia’s (B3 negative) parliamentary speaker suspended from parliament for 30 days 48 opposition members of parliament from the United Party for National Development (UPND) for boycotting President [...]Ethiopia Launches online Visa service for International Visitors
The Ethiopian Immigration and Nationality Affairs Department in collaboration with Ethiopian Airlines are set to unveil e visa service for international visitors to Ethiopia. The e- visa is processed and [...]Ugandan Govt Finalising on Law to Regulate Rental Fees
According to The Monitor, Ugandan Government is finalising the process to enact a law that will restrain landlords against charging high rental fees especially for traders. According to the country's [...]Sanlam Emerging Markets to adopt organic growth strategy
Sanlam Emerging Markets (SEM) has announced that the firm is now training its corporate focus on organic growth opportunities across the sub-Saharan market. Speaking in Kampala, Uganda, SEM CEO, Mr. [...]Safaricom To Expand M-Pesa Services Across All African Countries
Safaricom has announced plans to expand M-Pesa services to cover all African markets, apart from South Africa, where M-Pesa already failed and Tanzania, where the service is already doing well under its [...]America's Largest Construction Firm Bechtel Opens Nairobi Regional Office
Regional office in Nairobi will facilitate development of projects throughout the continent Bechtel Corporation; The largest construction and civil engineering company in the United States, and the 9th-largest privately owned [...]Alibaba Founder Jack Ma To Attend Youth Tech Summit in Rwanda
Chinese Billionaire Jack Ma, one of the world's leading entrepreneurs, founder and executive chairman of Alibaba Group is expected to attend the inaugural of YouthConnekt Africa Summit, next month, in [...]
