By RICHARD MUNGA Kenya’s economy will accelerate slightly in 2016, driven by loose fiscal policy, infrastructure projects and robust private consumption, according to Focus Economics. The Spain based economic research firm forecast the country’s economy will grow at a rate of six per cent in 2016, which is unchanged from November’s forecast. “Nevertheless, a large...
By Mamo Gebrehiwot Ethiopian Airlines, the largest, fastest growing and most profitable airline in Africa, is pleased to announce that it has been recognized as “Best Airline to Africa“, for a second year in a row, and “Best Airline in Africa” by one of the most prominent travel magazines in the United States, Premier Traveler,...
By Jill Craig, Shannon Van Sant Nairobi, Beijing- China plans to build its first overseas military outpost in the east African nation of Djibouti, a move analysts say is part of a broader global economic strategy and reflects deepening ties with Africa. China says the naval base in Djibouti will be a logistics and supply center....
By Stuart Jeffries, The Guardian What have Muslims ever done for America? If your sole source of information were Donald Trump, you’d think that the answer was not much – apart from murdering its citizens and trying to destroy its values. The Republican presidential hopeful has called for a halt to Muslims entering the US...
By Kate Douglas The Dubai Chamber of Commerce and Industry recently commissioned a study on the opportunities for Gulf investors in the African market. The research, conducted by the Economist Intelligence Unit (EIU), revealed growing commercial interests between the regions. While trade between the Gulf Co-operation Council (GCC), an economic alliance of six Middle Eastern...
By Eliza Anyangwe, (CNN) – According to Google CEO Eric Schmidt, “great innovators and great companies see the space that others don’t.” But we’d also add that innovators demonstrate an awe-inspiring level of perseverance and commitment to their ideas, overcoming many obstacles to bring us their new methods and products. The annual gathering of the...
By Deborah Brautigam JOHANNESBURG, South Africa — Santa Claus arrived early in South Africa — on a Chinese jet. This week, Chinese President Xi Jinping signed multiple business deals and brought offers of billions in new grants, loans, export credits, and investment funds as African leaders met for the sixth Forum on China-Africa Cooperation, a...
WHITE fences and manicured lawns surround the villas of an elegant housing estate in Ethiopia, a potent symbol of the emerging elite in a country that decades ago was better known for drought and famine, but has made a remarkable turnaround in recent years. Just 10 years ago, the affluent suburb of Yerrer View was little more...
JOHANNESBURG | By Joe Brock and Stella Mapenzauswa Chinese President Xi Jinping told African leaders on Friday his country would pump $60 billion into development projects, cancel some debt and boost agriculture under a three-year plan that will extend Beijing’s influence in the continent. Xi also said China would not interfere in African countries’ internal...
By Anna Leach Stretched humanitarian agencies could save millions of dollars – and reduce carbon emissions, deforestation and violence against women and girls – if solar power and other clean energy sources were installed at refugee camps, according to new analysis released today. In the first report looking into energy use in refugee camps around...