Ethiopia’s largest cement factory is set to start operating soon. The Lemi National Cement Factory, once completed, will soon begin production according to company officials. The factory, currently under construction …
Eastern Africa
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AfricaAFRICA NEWSRwandaRWANDARwanda Daily
Rwanda leads the 10 African countries with the most reliable security index
by Editorby EditorRwanda has been listed as one of the leading countries on the African continent, with the most reliable level of security, and people trust its security in different parts of …
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AfricaAFRICA NEWSRWANDARwandaRwanda Daily
President Kagame express his condolences to Namibians
by Editorby EditorPresident Paul Kagame has condoled with Mrs. Monica Geingos and Namibians in general, for the death of President Dr. Hage Geingob who attended at the age of 82. President Dr …
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AfricaAFRICA NEWSEastern Africa
External shocks dim East Africa economic growth prospects
by Editorby EditorThe International Monetary Fund (IMF) projects that the East African economy will grow at 5.6 percent, but the region’s business lobby says external and domestic shocks could impact the positive …
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AfricaAFRICA NEWSRwandaRWANDARwandaRwanda Daily
BYD enters Rwanda with launch of Atto 3
by Editorby EditorBYD entered into a partnership with Rwandan distributor CFAO Mobility in 2023, and the local launch of the Atto 3 marks its official entry into the East African market. BYD …
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AfricaAFRICA NEWSRWANDARwandaRwanda Daily
Anglican leader calls UK Rwanda migrants plan ‘damaging’
by Editorby EditorArchbishop of Canterbury Justin Welby said the controversial plan of Prime Minister Rishi Sunak’s Conservative government would “outsource our legal and moral responsibilities for refugees and asylum seekers”. He made …
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AfricaAFRICA NEWSRWANDARwandaRwandaRwanda Daily
Fortis Green strikes Rwanda hydropower deal
by Editorby EditorFortis Green Renewables has struck a deal to acquire a significant minority stake in a Rwandan hydropower plant. The US-based renewable energy investment firm purchased a 40% stake in the …
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AfricaAFRICA NEWSEastern AfricaEntrepreneurship
TradeMark Africa’s $2m grant to fight trade barriers
by Editorby EditorThe Eastern Africa Grain Council (EAGC) has received a $2 million grant from TradeMark Africa to eliminate trade barriers for exporters in three East African countries. The grant is part …
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AfricaAFRICA NEWSEastern AfricaKenyaKenyan News
Kenyan banker Gideon Muriuki spends $1.2 million acquiring new Co-op bank shares
by Editorby EditorGideon Muriuki, CEO of Co-operative Bank of Kenya, purchased 14.6 million shares worth Sh173 million ($1.2 million) in the first half of 2023, boosting his ownership to a two-percent stake in …
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AFRICA NEWSBanking, Finance & InvestmentEastern AfricaKenyaKenyan News
Nigerian billionaire Olugbenga Agboola’s Flutterwave to invest $50-million in Kenya
by Editorby EditorSan Francisco and Lagos-based fintech giant Flutterwave, led by Nigerian tech billionaire Olugbenga Agboola, has unveiled plans to inject $50 million into Kenya, fueled by mounting confidence in the imminent …