EAC to post strong economic growth Africa’s economic growth is expected to rise from 3.4 per cent in 2011 to 4.5 per cent in 2012 and to 4.8 per cent in 2013, with East Africa experiencing strong indicators, an African Development...
Dar scraps NTBs to speed up cargo movement Tanzania is removing non-tariff barriers to trade with fellow East African Community member states as part of the country’s commitment to enhancing trade and strengthening competitiveness in the...
Kigali feted for banning plastic bags, managing forests At a meeting in Kigali mid this month, MPs and experts from 10 African countries agreed to emulate Rwanda and put in place measures to ensure the conservation of forests on the continent.
As East Africa’s oil, gas sectors grow, risk covers will be key Continental Reinsurance, the Nigeria-based composite insurance company, plans to increase its footprint in the region, with oil and gas among sectors it is eyeing.
KCB seeks to steal thunder from telcos KCB plans to roll out its mobile banking service in Tanzania and Uganda by the end of September. The service is in pilot phase in both these countries where a few bank employees and invited...
Talent, risk and strategy top priority for EA CEOs, confident about growth Talent costs have had the biggest constraints on the growth and profitability of African companies over the past one year, a new survey by PricewaterhouseCoopers shows, with East African firms...
Alios gets $9m for EA lending The International Finance Corporation— the World Bank’s private lending arm — will advance a $9 million loan to Alios Finance Group for the firm’s operations in the East Africa region.
Trade insurance agency to issue bonds Africa Trade Insurance (ATI) is to start issuing surety bonds to companies in the East and Southern Africa region enabling them to bid for larger projects like their competitors from China and...
China’s investment in Africa good for the continent Moreover, the evidence does not support a claim that Africans themselves feel exploited. To the contrary, China’s role is broadly welcomed across the continent.
Arsenal, Airtel to promote youth football on continent Arsenal Football Club and mobile phone operator Airtel have signed a three-year partnership to promote youth football programmes in Africa.
