Africannews

Visa Inc. V announced at the U.S.-Africa Leaders Summit that the company plans to invest $1 billion in Africa. It intends to inject the amount over the next five years …

Africa Energy announces that it has secured a US$5 million credit facility from Africa Oil Corp. (“Africa Oil”), Deepkloof Limited and Lorito Holdings S.à.r.l. (together, the “Lenders”). Jeromie Kufflick, Africa …

The country is set to witness a tourism boom in the coastal region following the launch of the first direct flight from Mombasa to Dubai in the United Arab Emirates. …

Sun King, one of the leading providers of solar energy products for off-grid homes in Africa and Asia, announced that it has received $70 million in equity investment from Leapfrog …

The United States (US) government to invest $1 billion in education and youth programming in Africa within the next two years, US Vice President Kamala Harris, has announced. The funds, …

Businesses and households in South Africa held on to more cash in the third quarter, when power outages reached an all-time high. Gross savings by corporates climbed to 15.9% of …

Rwanda becomes the first African Country to Receive a $319 Million Arrangement under the newly established Resilience and Sustainability Facility (RSF) The RSF will support Rwanda’s ambitious agenda to build …

The price of coffee at the auction rebounded in the latest sale on the back of quality beans that are now streaming in the market. The market report from the …

Kenya and Eritrea have agreed to abolish visa requirements for their respective citizens. The two countries believe the move will bolster bilateral relations, and improve people-to-people ties besides entrenching regional …

Uganda’s President Yoweri Museveni has announced plans to build a new standard gauge railway(SGR) linking the country’s capital, Kampala with the Kenyan border, raising hope for the completion of a …