DRC Blocks Katanga Gecamines Land Deal
Katanga Mining has been ordered to withhold about $250 million earmarked as payment for a land deal with the Democratic…
AfDB Approves $2M For WHO Fight Against COVID-19 In Africa
The Board of Directors of the African Development Bank on Tuesday approved $2 million in emergency assistance for the World…
EAC Borders Stay Open For Transport Of Goods And Services
Free movement of goods and services will continue in the East African Community (EAC) bloc despite the Covid-19 outbreak. However,…
DRC Declares State Of Emergency, Closes Borders
Congolese President Félix Tshisekedi has declared a countrywide state of emergency, and shut down national borders in a bid to…
Lawyers Fight Kenya-US Trade Agreement
Two lawyers have moved to court seeking to have Kenya’s Free Trade Agreement (FTA) with the United States revoked. Lawyers…
AfDB Approves $200M Trade Finance Risk Participation Agreement
The Board of Directors of the African Development Bank (AfDB) have approved a $200 million Trade Finance Risk participation agreement…
Uganda Increases Threshold For Electricity Export
Uganda’s electricity export receipts increased by 13 per cent in the period ending January 2020, according to data from Bank…
Kenya Economy Suffers Ripple Effects Of Coronavirus
Kenya is feeling the economic effects of the coronavirus, despite having no infections, as imports from China fall because of…
Canadian Firm To Invest $1.7 Million In Tanzania’s Rural Electrification Project
Canadian start-up Jaza has recently secured $1.7 million to provide access to electricity for households in rural Tanzania. The funds…
Uganda Target $117 Million Loan For Oil Roads
The government of Uganda is seeking US $117m loan from China for construction of oil roads. Uganda Media Centre communications…