Glasgow — Kenya Electricity Generating Company (KenGen) Managing Director and CEO, Rebecca Miano, says the company is accelerating the deployment of renewable energy to combat the adverse effects of climate …
Eastern Africa
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Business PoliciesEastern Africa
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Kenya looks set to benefit after the US suspended duty-free access to Ethiopian exports following ongoing unrest in the country’s Tigray region. The US move to ban Ethiopia opens a …
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Business PoliciesEastern AfricaGlobal NewsSafaricom
US delays Sh54bn loan for Safaricom Ethiopia entry
A US government agency has delayed the disbursement of a $500million (Sh53.97 billion) loan to finance the entry of a Safaricom-led consortium into the Ethiopian telecoms market, citing uncertainty over …
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Micro, Small and Medium Enterprises (MSMEs) in Kenya are set to benefit from a newly launched regional credit rotation fund. German Sparkassenstiftung Eastern Africa (DSIK), a non-governmental organisation, has partnered …
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AfricaBusiness PoliciesEastern Africa
European Investment Bank to finance Rwandan businesses with EUR 95 Million
New investments by companies across Rwanda most impacted by COVID-19 will be supported with EUR 95 million of new financing backed by the European Investment Bank (EIB). The funds will …
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East Africa, the fastest-growing economic district in the African continent, offers tremendous opportunities for the Dubai business community, the Dubai Chamber of Commerce said. “Dubai has made great progress in …
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On the sidelines of the activities of Expo 2020 Dubai, Morocco officially unveiled its latest investment and export brand: ‘Morocco Now’, an initiative designed to position Morocco as a world-class …
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Uganda said on Monday it had signed a number of new business deals worth $650 million at Expo 2020 Dubai. The commitments included investments in fields such as renewable energy, …
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MTN Group has given the Ugandan unit the regulatory approval to offer 20 per cent of its stake in an initial public offering (IPO) to local investors. The move is …
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Zambian inflation slowed to an eight-month low in September after food-price growth decelerated from a record high and the currency’s two-month world-beating streak helped curb import costs. Consumer prices rose …