EAST AFRICARWANDA- All is set for Rwanda to host the African Unit Summit scheduled for July 10 -18 in Kigali, Foreign Affairs minister Louise Mushikiwabo has said. (ALL AFRICA) READ MORETANZANIA- The government of the United States has announced that it will pump…
EAST AFRICAKENYA- Total Outre-Mer, which owns Total Kenya, will have taken home Sh1.3 billion dividend in four years when shareholders pass the proposal to pay 77 cents a share in the annual general meeting coming early next month…
NORTH AFRICAEGYPT — Orascom Construction posted a net profit of $23 million in the first quarter of 2016, up significantly from $5.8 million a year ago. (ZAWYA) READ MOREEGYPT- Egyptian trade and industry ministry targets achieving industrial growth rate of 8…
NORTH AFRICAEGYPT — Egypt’s energy subsidies for the 2015–16 financial year will total between 45 billion and 48 billion Egyptian pounds ($5.07 billion-5.41 billion). (REUTERS) READ MORELIBYA- Conflict, political strife and loss of oil revenues have left…
EAST AFRICAUGANDA- Kampala. Plans for Uganda and Bangladesh to trade in textile and jute have been finalised, senior officials have said. (MONITOR) READ MOREKENYA- The Kenyan government will convert its Ksh20.9…
NORTH AFRICAMOROCCO — Morocco’s government plans to renegotiate a precautionary credit line with the International Monetary Fund. (REUTERS) READ MOREEGYPT — Yields on the Egyptian government’s five-year bonds rose at an auction on Monday, data from the central…
EAST AFRICATANZANIA — Tanzania will provide grants to the small scale miners’ phase III that aims in developing small-scale mining activities in the country by September this year.(BUSIWEEK) READ MORERWANDA — Remarkable Rwanda is quickly climbing the ladder of…
NORTH AFRICAEGYPT- A $25 billion loan from Russia has been approved by Egyptian President Abdel Fatah al-Sisi to build a nuclear power plant in Dabaa in the north of the country. (STAR AFRICA) READ MOREEGYPT- Egypt’s trade deficit declined by about 22% in…
EAST AFRICAKENYA- Hoteliers will access cheap loans at interest rates of nine per cent to spruce up their facilities in a plan meant to boost the country’s image and attract more tourists. (BUSINESS DAILY) READ MOREKENYA- Kenyan businesses…