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Foreign Investment Gives Ethiopia over Four Billion Dollars

Ethiopia attracted over four billion dollars in Direct Foreign Investment (DFI) during the last fiscal year, which ended on July 8, confirmed here official...

Kenya: Medical Suppliers Lost Sh114 Million in Sales Due to Delays...

Medical suppliers has lost Sh114 million in sales owing to delays in clearing consignments at the inland container depot in Nairobi. Mission for Essential Drugs...

Dangote signs 20yr deal with TPDC for supply of gas to...

Tanzania Petroleum Development Corporation (TPDC) and Dangote Cement yesterday signed a 20-year deal that will see the cement maker produce electricity for the production...

World leaders meet to discuss water crisis

World leaders, water, development experts, among other stakeholders are converging on Stockholm, Sweden, to find new, nature-based solutions to meet escalating global water crisis. In...

Crude oil transportation from Turkana to Mombasa begins after stand-off

Transportation of crude oil from Turkana to Mombasa resumed on Thursday after nearly fifty days of stand-off between a local community and the Government. After...

Tanzania: Unilever Invests Over 100 Bn/ – in Tanzania in Four...

THE Unilever Tea Tanzania (UTT) has invested a total of 100 bn/- in various projects for the development of the country's tea in line...

African Rainbow Minerals expects 13% profit increase

Listed diversified mining group African Rainbow Minerals (ARM) expects headline earnings per share for the financial year to September to increase by between 41...

Kenya to sign $3.8b SGR deal next month

Kenya is expected to sign a Ksh380 billion ($3.8 billion) contract for the second phase of the Standard Gauge Railway (SGR) in September. Transport and...

South African Government Slams US President for Remark on Land Reform...

The South African president’s office will seek an explanation from the US Embassy about US president's tweet on land reform, the state broadcaster SABS...

The Central Bank of Nigeria asks banks to submit bids for...

The Central Bank of Nigeria (CBN) has asked banks to submit bids for the Chinese yuan in line with the regulator’s determination to meet...