Saturday, January 29, 2022
Wardheer News

Kenya: CBK Projects 2022 GDP Growth to Be Sustained at 5.9%

Nairobi, Kenya — The Central Bank of Kenya has projected Kenya’s economy to grow at a sustained rate of 5.9 percent, a slight downgrade from its previous 6 percent estimate. CBK Governor Patrick Njoroge, during the post-Monetary Policy Meeting (MPC) … Continued

Fairmont Djibouti, the preeminent hotel in the Djibouti market

Archetype Group has been chosen by Carnegie Hill Hospitality, which is partnering with Accor, to work on its first luxury property in Djibouti: Fairmont Djibouti, located in Djibouti City, which is said to be one of the country’s most affluent areas. Strategically located … Continued

Somaliland launches revamped Berbera Airport

By ABDULKADIR KHALIF, The East African Somaliland, the self-declared independent region north of Somalia, on Saturday officially launched a renovated Berbera International Airport, seeking a slice of the growing aviation earnings in the region. President Muse Bihi, alongside Somaliland government … Continued

Ethiopia’s economy hit as major clothing maker closes shop

NAIROBI, Kenya (AP) – Ethiopia´s once rapidly growing economy is taking another hit tied to its yearlong war, with global clothing manufacturer PVH Corp. saying it is closing its facility there because of the “speed and volatility of the escalating … Continued

Facebook, Instagram, WhatsApp down in global outage

(Reuters) – Facebook Inc’s (FB.O) main social media site, popular photo-sharing platform Instagram and messaging app WhatsApp, were down for tens of thousands of users, according to outage tracking website Downdetector.com. Reuters could not immediately confirm the issue affecting the services. However, … Continued

Mobile money uptake grows SMEs in Somalia

Somalia’s largely unbanked population could still aid the growth of small and medium enterprises (SMEs) in the country, if they join mobile money service. A new study on Somalia’s business environment says use of mobile money services could plug the … Continued

EU to impose one charger for all phones, in blow to Apple

The European Union has announced that it will impose a universal charger for smartphones, setting up a clash with Apple and its widely used iPhone. “European consumers have been frustrated long enough about incompatible chargers piling up in their drawers,” … Continued

Promoting East Africa as the Top African Exploration Market

JOHANNESBURG, South Africa, APO Group/ — Coming to African Energy Week (AEW) 2021 in Cape Town on the 9th-12th of November, leading East African producers are committed to emphasizing the region’s significant upstream investment opportunities, networking with African ministers from across … Continued