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Africa News

Fitch and GCR upgrade Afreximbank’s outlook to positive

Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, African Export-Import Bank, has received a set of strong credit rating affirmations and “Positive” outlooks from Moody’s, Fitch Ratings, and GCR Ratings, underlining its resilient financial position and performance. The ratings reinforce the Bank’s access to capital at a competitive cost, ensuring …

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Plan to modernize Dar es Salaam completed

Dar, Tanzania | Xinhua  |  Preparations for a new master development plan aimed at improving and modernizing Tanzania’s congested commercial capital of Dar es Salaam has been completed, a senior official said Saturday. William Lukuvi, the minister for Lands, Housing and Human Settlements Development, said the new master plan will …

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Civil unrest disrupts health services in S. Africa

Johannesburg, South Africa | Xinhua | South Africa’s National Department of Health said on Tuesday that health services were disrupted in the country due to the ongoing protests. “The recent violent protests have impacted the vaccination rollout and also disrupted access to essential healthcare services including collection of chronic medication by …

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