KQ Suspends Ticket Sales in Malawi, Cites Challenge of Funds Repatriation
Kenya Airways (KQ)has announced the suspension of ticket sales in Malawi due to the challenge of repatriation of funds from the country. The suspension will only affect reservations made in [...]
World Bank Approves $300 Million for Tanzania
The World Bank has approved an additional $300 million for Tanzania, seeking to boost the government’s efforts to expand water supply, sanitation and hygiene services. The World Bank said in [...]Kenya Drops to Position 31 in Africa's Visa Openness Index
The country dropped three places to rank 31 in the 2022 Africa Visa Openness Index (AVOI), which measures how easy it is for Africans to enter one of the 54 [...]Africa Bags New Deals Worth $15 Billion at the US Africa Summit
American and African firms have closed more than $15 billion in new commitments and deals at the US Africa summit hosted by President Joe Biden. The commitments cover sustainable [...]Poa Internet Plans to Expand in Africa After Getting a Grant
Poa Internet, a low-cost internet service provider, has received a grant from an American organization to expand its services in Africa. The United States Trade and Development Agency grant will [...]Kenya to Remove All Trade Barriers with Tanzania by January 2023
Kenya has promised to ease trade transactions with its neighbor country Tanzania by January next year. The decision was made to bolster trade between the two nations and increase the [...]Equinix Set to Invest $160 Million in a Data Centre in South Africa
Equinix, a data centre company, based in the United States, intends to invest $160 million in developing its first African data centre in Johannesburg, South Africa. According to Bloomberg, the [...]Africa Pushes for AGOA to be Extended by 10 Years
Africa is pushing for the African Growth and Opportunity Act (AGOA) with the US extended by ten years. The AGOA is a key trade deal that gives African countries expanded duty [...]U.S, Zambia DRC Ink Electric Vehicle Deal
The United States has signed an agreement with the Democratic Republic of the Congo and Zambia to assist them in developing an electric vehicle value chain, which includes providing components [...]Ghana's Inflation Hits a 21-Year High of 50.3% in November
Ghana’s inflation rate jumped more than expected in November, fueled by a slump in the cedi, raising pressure on the central bank to continue increasing borrowing costs next month. Annual [...]
Kwely Inc Launches Made in Africa Marketplace
Kwely Inc. has announced the launch of its game-changing, B2B e-marketplace to provide African producers and manufacturers with a global window to sell their products at scale. International buyers can [...]Tanzania Ports Handle 19.8 Million Tonnes of Cargo in 2021/2022 Financial Year
Cargo handled by Tanzanian ports increased by 14.9% to 19.8 million tonnes in the last financial year as businesses rebound from the COVID-19 outbreak in the wake of improved port [...]
