Thursday, August 22, 2019
CAPE TOWN, Dec 5 (Reuters) - The African Development Bank (AfDB) has approved a 1 billion rand ($74 million) loan to Namibia’s education sector to help reduce youth unemployment by boosting technical and vocational training, it said on Tuesday. The...
Ivory Coast and Burkina Faso on Monday began work to overhaul and expand a single-track rail line connecting Abidjan to the Burkinabe capital that is a vital link between the Sahel and Atlantic coast. Renovating the 1,260-kilometre (782-mile) track —...
DJIBOUTI, Republic of Djibouti Private investors fear investing in infrastructure for the continent, warned a top African economist on Monday. Carlos Lopes, former head of the UN’s Economic Commission for Africa and now a professor at the University of Cape Town,...
BEIJING, Dec. 5 (Xinhua) -- China's growing presence in the international arena to foster a community of shared future for mankind was further evidenced recently by two fruitful meetings of leaders of China, Central and Eastern European countries (CEEC)...
Reflecting on progress on the Zambia, Tanzania and Kenya (ZTK) power interconnector project since 2014, Kenya demonstrates readiness so far. According to the East African Business, the Kenya section is fully financed and already under construction, while Zambia requires $160...
Following up on the recently implemented special electricity tariffs for large businesses and manufacturers, Kenya asserts its commitment to attract investors. Business Daily reported that the east African country is rolling out a number of projects to lower the cost...
Governments remain the single largest developers of infrastructure projects - a common thread emanating from the 2017 edition of the Deloitte Africa Construction Trends Report. This is supported by the fact that governments own between 57% and 90% of...
Accra, December 4, 2017//-Ghana is one of the fastest growing economies in Africa, experiencing strong growth over the past decade with per capita income of US$1,410, higher than the regional average of US$1,257. But the plunge in oil and gold...
The global economy will confront serious challenges in the months and years ahead, and looming in the background is a mountain of debt that makes markets nervous – and that thus increases the system's vulnerability to destabilizing shocks. Yet...
With so much of politics, economics, culture - not to mention every other facet of human existence - taking place online, it is startling to realise that such a loose and baggy concept as the "centre of the global...
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