Nairobi, Kenya | Xinhua | East Africa’s economic growth is projected to rise to 4.1 percent in 2021, up from 0.4 percent in 2020, the African Development Bank (AfDB) said on Thursday. According to the East Africa Regional Economic Outlook 2021, the economic performance will be boosted by the ongoing global …
Read More »Afrexim bank commits 1.2 bln USD to fund industrialization in Africa
Nairobi, Kenya | Xinhua | The Africa Export Import (Afrexim) Bank has committed 133 billion shillings (about 1.2 billion U.S. dollars) to fund industrialization in Africa, the bank said on Thursday. Maureen Mba, head of MANSA Initiative, Afrexim Bank told Xinhua in Nairobi that the funds will be made available to …
Read More »Sudanese army chief relieves 6 ambassadors
Khartoum, Sudan | Xinhua | General Commander of the Sudanese Armed Forces Abdel Fattah Al-Burhan on Thursday issued a decision relieving Sudanese ambassadors to six countries, the official Sudan TV reported. According to the report, ambassadors to Brussels, Geneva, Washington, Paris, Beijing and Doha were relieved. On Monday, Al-Burhan declared a …
Read More »Less than 10 pct of African countries to hit key COVID-19 vaccination goal: WHO
Brazzaville, Congo | Xinhua | Just five African countries, less than 10 percent of Africa’s 54 nations, are projected to hit the year-end target of fully vaccinating 40 percent of their people, said the World Health Organization (WHO)on Thursday. Three African countries, including Seychelles, Mauritius and Morocco, have already met the …
Read More »AU suspends membership of unrest-hit Sudan
Addis Ababa, Ethiopia | Xinhua | The African Union (AU) on Wednesday announced it has suspended the membership of unrest-hit Sudan. In a press statement, the peace and security council of the AU, said Sudan’s membership has been suspended due to Monday’s “unconstitutional change of government”, which it said was an affront …
Read More »Tanzania – Uganda oil and gas symposium set for November in Dar-es-Salaam
Kampala, Uganda | THE INDEPENDENT | Private Sector Foundation Uganda together with Tanzania Private Sector Foundation in partnership with the ministry of foreign affairs through its Uganda High Commission in Tanzania will convene a Tanzania-Uganda Oil and gas symposium on November 25 in Dar-es- Salaam, officials said in Kampala on Oct.26. …
Read More »Afreximbank’s platform to promote cross-border trade in Africa
The digital platform is set to build trust and cut the transaction costs of trading in AfCFTA Kampala, Uganda | ISAAC KHISA | The African Export-Import Bank’s new digital Customer Due Diligence (CDD) platform, called Mansa, is set to promote cross-border trade in Africa, says the product head Maureen Mba. …
Read More »Sudanese PM returns home under tight security — PM’s office
Khartoum, Sudan | Xinhua | Sudanese Prime Minister Abdalla Hamdok has returned home with his wife under tight security, the prime minister’s office said on its Facebook account on Tuesday. Since early Monday, Hamdok and some of his ministers together with civilian members in the Sovereign Council were arrested. Earlier on …
Read More »AU calls on EU to recognize African COVID-19 vaccine certificates
Kigali, Rwanda | Xinhua | A senior official of the African Union Commission on Tuesday urged European Union member countries against a policy of not accepting COVID-19 vaccine certificates from the continent. Speaking at the opening of a meeting of foreign affairs ministers of the European Union and the African Union …
Read More »South African court rejects Zuma’s petition to remove state prosecutor from his corruption trial
Johannesburg, S.A | Xinhua | South Africa’s Pietermaritzburg high court on Tuesday dismissed former president Jacob Zuma’s petition seeking to remove state prosecutor Billy Downer from his corruption trial. This judgment means that his corruption trial would begin on April 11, next year at the same court. Zuma’s legal team filed …
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