Angola is looking for a partner to operate its new $3 billion international airport in Luanda, the capital city, for up to 40 years. The tender, which opens on Friday, …
Economy
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Kenya has received an additional $938 million from the International Monetary Fund (IMF) to support its economic recovery from the effects of the drought, inflation, and global financial shocks. The …
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Economy
East Africa’s Trade Boost: Kenya and Uganda to Build New Border Crossings and Dual Carriageways
Kenya and Uganda have agreed to enhance their connectivity and trade by establishing two new border crossings and constructing dual carriageways along the Northern Corridor, a vital trade route in …
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Kenya’s shilling has been on a downward spiral for the past two years, losing nearly 25% of its value against the US dollar. This has caused inflation, higher import costs, …
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X-agon introduces AnyworkX, revolutionizing African e-commerce with digital services.
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West African governments have received a vital piece of advice: to rejuvenate their economies, they should focus on internal resources rather than depend heavily on Bretton Woods institutions like the …
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Economy
Africa’s Hidden Food Crisis: How Agrifood Systems Cost the Continent Nearly a Trillion Dollars Every Year
Africa is often praised for its agricultural potential, but a new report reveals that the continent is losing a staggering amount of money every year due to the hidden costs …
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EgyptAir, the state-owned airline of Egypt, is set to receive 18 Boeing 737 Max 8 aircraft as part of a leasing agreement with Air Lease Corp, according to sources familiar …
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African leaders have recently renewed their commitment to attracting capital to the continent. They gathered at the Africa Investment Forum (AIF) Market Days in Marrakesh, Morocco, with a clear goal. …
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Nigeria’s entertainment and media (E&M) sector is on track to achieve remarkable growth in the next six years, according to a PricewaterhouseCoopers (PwC) report. The report, titled African Entertainment and …