By Protus Onyango The World Bank has praised Kenya for using mobile banking to fight hunger and poverty. Speaking in Marrakech, Morocco, during the on-going UN climate change conference, John Roome, World Bank’s Senior Director of Climate Change said Kenya’s success in mobile banking can be emulated worldwide. “Kenya is leading the world in this...
Africa’s leading Airline Ethiopian Airlines shone like bright stars at the Prestigious Africa Travel Awards Dinner at Akwaaba African Travel Market held recently in Lagos. Ethiopian Airlines took home four of the 6 Airline Awards on offer at the dinner attended by the leading lights in Africa Travel and Tourism landscape. The Deputy Minister of...
The International Finance Corporation, IFC, the investment arm of the World Bank has expressed interest in financing the planned Ethiopia Djibouti fuel pipeline project. The South Africa- based infrastructure investment group, Black Rhino, has proposed to the Ethiopian government to build a 550-km long pipeline to transport diesel, gasoline and jet fuel from Djibouti port...
JOHANNESBURG, South Africa- Internet company Opera, has released its State of the Mobile Web Africa 2016 Report, highlighting mobile internet trends across the continent, including consumer browsing behaviour and app usage. Opera – known for its compression technology and mobile browsers, including Opera Mini – compiles regular global mobile web reports, shedding light on opportunities...
By Paul Schemm The smell of rotting mango and passion fruit still hung in the air over the blackened shell of a juice factory near this village more than two weeks after the plant was looted and burned by an aggrieved mob. As employees swept out the empty rooms, Abraham Negusay, AfricaJuice’s production manager, worked...
Istanbul- Turkish officials have expressed strong interest in boosting economic and trade relations with Africa at a key joint forum in Istanbul, where their African counterparts welcomed the call. “We have always regarded our African friends as our brothers. Our policy of opening up to Africa is not just the reflection of a transient political...
NEW YORK, NY, November — Lonely Planet Guidebooks has named Ethiopia as one of their “Best Countries to Visit” in 2017. Trekking through the Simien Mountains, climbing to a church carved into a remote cliff face, boating across the serene waters of Lake Tana to visit an age-old monastery, or witnessing wildlife found nowhere else...
By BRIAN NGUGI, Business Daily The African Export-Import Bank (Afreximbank) is expected to inform the government of its decision to move its planned regional headquarters from Nairobi after the Ministry of Foreign Affairs rejected some key demands by the bank, including diplomatic immunity for its top executives. The ministry on Friday said it had reviewed a...
Rwanda air has launched the first airbus in East Africa. The airbus a330-200 series with a carrying capacity of 244 passengers was launched at the Jomo Kenyatta international airport yesterday. Rwandair becomes the first airline to launch an airbus in east Africa. One of the key features of the new aircraft is internet on board....
By DICTA ASIIMWE East Africa received a mixed bag of results in doing business in the latest report by World Bank; with Rwanda and Kenya leading while Burundi, South Sudan and Somalia brought up the rear. The World Bank cited implementation of projects meant to improve trading across borders as key to the good showing while...