May 31
Africa: William Ruto Wins in Washington - but Does Kenya? [analysis]
ISS
Not all Kenyans are enchanted by the prospect of being America's main partner in sub-Saharan Africa. Read more »
Ethiopia: Somaliland Eyes On More Ethiopian Investment in Fishery
Ethiopian Herald
Somaliland seeks increased Ethiopian investments in the fishery, agriculture, and logistics sectors as Hargeisa craves boosted trade ties with its gigantic neighbor. Read more »
Sierra Leone: Ethiopian Launches Flight to Freetown
ENA
Ethiopian Airlines, the largest network operator in Africa, has launched a thrice weekly passenger services to Freetown, Sierra Leone. Read more »
Uganda: Govt to Focus More On Renewable Energy
Nile Post
The Permanent Secretary of the Ministry of Energy and Mineral Development, Irene Batebe has said that government is focusing on the prudent operation and management of the sector. Read more »
Uganda: How Budget Shot From Shs58TN to Shs72TN
Nile Post
At the onset of the budget framework paper presentation, government had sought to maintain the 2024/25 financial year budget at the same level as the current running budget. Read more »
East Africa: Kenya Faces EAC Clash Over New Cereal Import Levy
Business Day Africa
Kenya is poised for a clash with its East African Community (EAC) partners following the introduction of a new import levy on cereals. Read more »
-
East Africa: African Development Bank Annual Meetings - Vice President Akin-Olugbade Hails Horn of Africa Initiative Milestone of $10 Billion in Portfolio Commitments
African Development Bank (AfDB)
African Development Bank Group Vice President Marie-Laure Akin-Olugbade has commended the Horn of Africa Initiative for reaching $10 billion in total commitments in its nearly five… Read more »
May 30
Tanzania: TCC Boosts Samia's Clean Cooking Campaign
Daily News
Temeke Municipal Counci Mayor, Abdallah Mtinika (in black coat) handing over a gas cylinder to one of the beneficiaries of gas cylinders donated by Tanzania Cigarette Public… Read more »
Kenya: KQ Offers Group Travellers 35% Flight Discounts to South Africa
Capital FM
Group travellers will enjoy a 35 percent discount on flights booked on the Kenya Airway (KQ) between Nairobi and Johannesburg, South Africa, ahead of the deadline tomorrow. Read more »
Ethiopia: Enhancing the Emerging Ethiopian Economic Sectors
Ethiopian Herald
Being a habitat of more than 120 million people and endowed with abundant untapped natural resources including vast arable land, favorable climate, surface and underground water… Read more »
Somalia: Somali Finance Minister Discusses Post-Debt Economic Priorities With UK, Norway, and Netherlands Officials
Shabelle
In another important step towards Somalia's economic recovery, the Somali Finance Minister, Bihi Egeh, met with senior officials and ministers from the United Kingdom, Norway, and… Read more »
East Africa: EAC Parliament Forced to Postpone Key Activities Due to Financial Constraints
New Times
Key activities of the East African Legislative Assembly (EALA), the legislative arm of the East African Community, face a delay as a result of financial constraints stemming from… Read more »
Kenya: Women-Owned Firms Open to Intra-African Trade Than Male Ones
Capital FM
Businesses owned by women are more open to intra-African trade than male ones, a new survey shows, highlighting the need for market diversification. Read more »
May 29
Tanzania: How Dr Mwinyi Successfully Tackles Youth Unemployment in Zanzibar
Daily News
LESS than two years remain before President Hussein Ali Mwinyi concludes his initial five-year term in office, leading up to another general election for Zanzibaris in late 2025. Read more »
Kenya: Proposed 25pc Excise Duty to Harshly Affect Kenyans, Chase Investors, Stakeholders Say
Capital FM
Kenyans are set to brace for harsh economic times following proposals in the finance bill 2024/2025 to increase taxes in the Edible Oil Subsector which will propel an increase in… Read more »
Zimbabwe: Zimbabwe, Rwanda Sign Thirty MOUs, Commit to Strengthening Bilateral Cooperation
New Zimbabwe
Zimbabwe and Rwanda signed thirty Memoranda of Understanding (MoUs) during the just-ended second session of the midterm review meeting of the Joint Permanent Commission on… Read more »
Rwanda: There Is Room for All to Benefit in Re-Designing Global Financial Architecture - Kagame
New Times
President Paul Kagame has said that the world should come to a point of action to redesign the global financial institutions' architecture given that there is room for everyone to… Read more »
Rwanda: Why Rwanda's Central Bank Lowered Benchmark Rate?
New Times
The National Bank of Rwanda (BNR) lowered its key interest rate by 50 basis points to 7 per cent from 7.5 per cent, noting that inflation was projected to remain within its target… Read more »
Uganda: Letshego Lists Its First Social Bond On Namibian Stock Exchange
Nile Post
Letshego Holdings Namibia Limited , a subsidiary of the Pan African inclusive finance entity that has a presence in 11 Africa markets, is further demonstrating its social impact… Read more »
Tanzania: 'Repair Roads On Time to Avoid Extra Costs'
Daily News
SPEAKER of National Assembly, Dr Tulia Ackson has urged regional managers of the Tanzania National Roads Agency (TANROADS) to immediately inform the government on the damaged road… Read more »
Ethiopia: Pakistani Investors Desirous to Engage in Ethiopia's Investment Opportunities
ENA
Pakistani investors expressed strong desire to engaging in various investment sectors by taking advantage of existing opportunities in Ethiopia. Read more »
Uganda: China Invites Museveni for FOCAC Forum in Beijing
Independent (Kampala)
China has incited President Yoweri Museveni for at the 9th Forum on China-Africa Cooperation (FOCAC) will take place in Beijing from 3 rd to 8 th September 2024. Read more »
Kenya: Economic Reforms See Thugge Named Central Bank Governor of the Year
Capital FM
African Banker Magazine has named Kamau Thugge the Central Bank Governor of the Year for spearheading reforms in the economy. Read more »
Ethiopia: Ethiopian Ramps Up Investment Promotion for Auspicious FDI Flow
Ethiopian Herald
The government's active engagement in investment promotion and related activities are entitled to the increasing flow of Foreign Direct Investment (FDI), the Ethiopian Investment… Read more »
May 28
Kenya: EU Naval Force Conducts First Multi-Agency Exercise With Kenya to Boost Maritime Security
Capital FM
The European Union Naval Force Operation ATALANTA (EUNAVFOR ATALANTA) conducted its inaugural joint multi-agency exercise with Kenyan security forces last week. Read more »
South Sudan: South Sudan - a Land of Potential Beyond Oil [opinion]
Capital FM
MAY 28 - South Sudan, the world's youngest nation, possesses immense potential for diversification, economic growth, and shared prosperity. While oil has been the mainstay of the… Read more »