Wednesday, January 16, 2019
Matobo Rural District Council (RDC) says land that was earmarked for the development of Maphisa Growth Point has been exhausted. This is despite the high demand for residential and commercial stands still being experienced. Maphisa Growth Point is among the fastest...
Gender equality could have a significant impact on rural electrification moves in sub-Saharan Africa, new data suggests. Fenix International, which sells off-grid solar kits in Uganda and Zambia, has uncovered a gender difference: Although only 20 percent of its kits...
Angolan President Joao Lourenco dismissed his predecessor’s son as head of the country’s $5 billion sovereign wealth fund, state-owned Angola Press reported. Lourenco fired Jose Eduardo dos Santos’s son, Jose Filomeno dos Santos and the entire board of the Fundo...
President Nana Addo Dankwa Akufo-Addo has posited that the story of Africa’s hitherto inability to develop is primarily the story of bad governance and our damaging colonial heritage. Speaking at a high level Africa round-table meeting on the UN Sustainable...
For bond investors, Africa’s been a happy hunting ground this year. Its local-currency and dollar securities easily outperformed those of emerging markets overall as investors piled into a continent offering high yields and starting to recover from the commodity bust...
Chinese Foreign Minister Wang Yi begins his multi-nation trip to Africa with a stop in Rwanda. He told President Paul Kagame China stands ready to help the country in its development agenda. The two countries also agreed to increase political...
The year 2017 appears to have been the climax to a series of top executive movements in Rwanda’s banking sector and built a foundation for competition in an industry where it was hitherto, generally non-existent. The expectation is that...
Harith General Partners CEO Tshepo Mahloele had bought an unspecified stake in 4 Africa Exchange (4AX) through LeBashe Financial Services, the new bourse said on Monday. Mahloele has been added to the exchange’s six nonexecutive directors, which include Maponya Group...
Accra (Ghana), February 4 (IANS) A $5 billion Exim Bank of India fund to support Africa’s agriculture development through the “Feed Africa” project seems to fit into the Africa Development Bank’s plans to improve the agriculture sector to increase...
HARARE, Dec. 6 (Xinhua) -- China on Wednesday agreed to provide Zimbabwe with a funding of about 213 million U.S. dollars for infrastructure development projects. The funding includes those for the expansion and upgrading of the country's flagship airport, the...
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