Regions
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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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US Takes Up China’s Infrastructure Mantle in Africa
The U.S. State Department confirmed that Washington’s plan to refurbish and extend the Lobito Corridor — a railway that will…
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Shelter Afrique Development Bank Assigned A+ in Latest Ratings by Agusto
Nigeria’s first Credit Rating Agency Agusto & Co. Limited has assigned ‘A(ken)’ and ‘A+(ngr)’ ratings to Shelter Afrique Development Bank,…
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Uganda Terminates Its Petroleum Imports Through Kenya
Uganda has terminated its petroleum import through the Kenyan G-to-G system citing lack of security in the supply of the…
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Benchmark Solutions signs $11.6MN Funding Deal with Uganda’s Landlords Association
Nairobi-based structured trade and project financing advisory firm, Benchmark Solutions Limited has signed a $11.633 Million funding agreement with Uganda’s…
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How Tech Adoption Can Help Businesses in Kenya Navigate Inflation
Businesses are increasingly getting overburdened by the rising inflation as they are forced to absorb high input costs amid declining…
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North Korea Shuts Ugandan Embassy After 50yrs
North Korea is ending a 50-year diplomatic presence in Uganda, one of its longest-standing African allies. In a statement Wednesday,…
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Emerging markets need $1.5 trillion to make buildings greener – World Bank’s IFC
Emerging markets will need $1.5 trillion in investment before 2035 to make new and existing buildings environmentally friendly and avoid…
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