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Ethiopia’s Al-Amoudi Wealth Up $3.59 Billion in 2023 to Place Him Africa’s 4th Richest
Ethiopia’s richest man Mohammed Al-Amoudi had a remarkable year in 2023, adding almost $3.6 billion to his wealth. According to…
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List of African States Set For Election in 2024
The year 2024 will be a busy and crucial one for African politics, as many countries will hold general elections…
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Ethiopia Likely to Default on its $1 Billion Bond
Ethiopia appeared to be on the brink of a debt default on Friday after talks with key holders of the…
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Ruto’s Trip to India Yields 5 Deals Including Affordable Housing Units
#image_title President William Ruto has emphasized the importance of strengthening ties with India in advancing the country’s Bottom-Up Empowerment Transformation…
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Inside Aliko Dangote’s 2,635 Hectares $20 Billion Oil Refinery
Aliko Dangote, founder of the Dangote Group, has built a $20-billion oil refinery with a refining capacity of 650,000 barrels…
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Israel’s gas imports resume; Egypt’s LNG exports limited by falling production
Chevron, the operator of Israel’s Tamar offshore gas field, announced the resumption of supplies to Egypt after operations were halted…
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Zimele Asset Management Unveils Digital Financial Solution for Chamas
Zimele Asset Management has introduced a digital solution for managing finances, offering members increased control and transparency, alongside attractive investment…
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China Announces $1 Billion Investment to Modernize Tanzania-Zambia Railway
China has selected China Civil Engineering Construction Corporation (CCECC) to engage in negotiations for a concession to operate the Tanzania-Zambia…
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John Gachora: What Would Fuel A 4.9% GDP Growth in Kenya in 2023
The year 2023 marked a significant turnaround in the agricultural sector of Kenya, driving the nation’s GDP growth rate to…
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Development Projects Cost up 0.65% to $6.1 Billion in 2024 in Tanzania
Eastern African countries have increased investment in infrastructure projects in the past five years with Tanzania leading in terms of…
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