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Africa News
Kenya president proposes cutting fuel tax by half, to 8%
Kenya’s President Uhuru Kenyatta said on Friday a new and unpopular tax on petroleum products was necessary, but…
Manager of Ethiopia’s mega Nile dam project committed suicide: police
The project manager of a $4 billion Ethiopian dam who was found dead in his vehicle in Addis Ababa on July 26…
Djibouti, Eritrea agree to normalise ties after a decade of border dispute
Eritrea and Djibouti have agreed to normalise ties strained since 2008 after a border dispute led to brief military…
Ethiopia reopens embassy in Eritrea: media reports
Ethiopian and Eritrean leaders on Thursday reopened Ethiopia’s embassy in the Eritrean capital Asmara, state…
Ethiopia plans opening logistics sector to foreign investment
Ethiopia plans to open its logistics sector to foreign investors but cap their participation, the state investment…
South Africa enters recession for the first time since 2009
South Africa entered recession in the second quarter for the first time since 2009, data revealed on Tuesday, in a…
China’s Xi offers another $60 billion to Africa
China’s President Xi Jinping on Monday offered another $60 billion in financing for Africa and said Chinese…
President Xi: Chinese funds to Africa aren’t for vanity projects
Chinese funds are not for “vanity projects” in Africa but are to build infrastructure that can remove development…
South Africa bourse launches first electronic government bond trading platform
The Johannesburg Stock Exchange (JSE) and the London Stock Exchange launched the first electronic government bond…
South Africa’s July credit demand growth slows to 5.41%
Growth in private-sector credit demand in South Africa slowed to 5.41 percent in July from 5.68 percent a month…
