The government’s quest to revive the textile industry has received a shot in the arm through business collaborations with Indian-based textile machinery and technological companies.
The collaboration is being fostered through the ITME Africa and …
According to the American bank Citigroup, the barrel of Brent, which serves as a reference price for a large part of world oil production, could collapse to around 70 dollars in 2024, due in particular to an expected surplus of oil. ‘offer. So, th…
According to a report, China has granted $1.92 billion in loans in 2021 and 2022, or 86% to projects in West Africa. Senegal, Benin and Ivory Coast borrowed the largest amounts. The report also reveals that although China lends less to Africa as a…
Trade between Russia and Africa reached $15.5 billion during the first nine months of 2023, an increase of 43.5% compared to the same period of 2022. Egypt, Algeria , Morocco, Tunisia and Libya were Russia’s main trading partners on the continent …
Angolan delegation from the National Oil, Gas and Biofuels Agency (ANPG) is participating in the International Oil Exhibition and Conference (AIDIPEC) in Abu Dhabi, the capital of the United Arab Emirates (UAE), from 2- 5 October.
The event, orga…
As of August 31, 2023, the active portfolio of the African Development Bank Group in Madagascar included 23 operations, for a total amount of $646 million. The AfDB will thus prepare a country report which will highlight the growing challenges of …
The Kenya Revenue Authority has launched an online auction platform aimed at streamlining tax administration procedures to enhance service delivery and improve revenue collection.The auction, which was previously a physical process, is part of KRA…
Agricultural and trading activities in Ruiri rwa Reera Ward, Buuri Sub-County, and the entire Meru County are expected to thrive after the official launch of the construction of the County Aggregation and Industrial Park (CAIP) yesterday.The auspi…
Youths in Kajiado County are set to benefit from the ‘Plug-in Mtaani Vijana 2 Invest’ initiative that aims at connecting business ideas to opportunities.The programme, which seeks to unlock the potential of entrepreneurship amongst the younger gen…
The Kunene Region has seen the worst dry periods in the past decade, resulting in more than 90 per cent of livestock losses, which has now led to a spike in livestock theft as farmers strive to replace herds ravaged by climatic shocks.
As a resul…