Business Affairss

Oil : the price of a barrel could collapse to $70 in 2024

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...

Loans : China granted $1.92 billion to three African countries between 2021 and 2022

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...

Russia-Africa : trade up 43.5%

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 ...

Angola at international oil exhibition

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...

Madagascar : the AfDB portfolio estimated at $646 million

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 ...

KRA Unveils Online Auction To Streamline Revenue Collection

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...

Industrial Park In Meru To Uplift Livelihoods

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...

Plug Mtaani Drive To Empower Youth With Business Ideas

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...

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Xinhua to Expand Cooperation with Trilateral Cooperation Secretariat.

Beijing: President of Xinhua News Agency Fu Hua met with Lee Hee-sup, secretary-general of the Trilateral Cooperation Secretariat in Beijing on Tuesday. Noting that people-to-people exchange is an important part of exchanges and cooperation in northea...
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Green Legacy Initiative Plays Major Role in Ethiopia’s Certification for IFSS.

Addis Ababa: The Green Legacy Initiative in Ethiopia has created the ideal conditions for obtaining certification in forestry management, according to the East Africa Coordinator for the Forest Stewardship Council. According to Ethiopian News Agency,...

Germany Commends Kenya’s Leadership in Renewable Energy Initiatives.

Nairobi: Germany's Vice Chancellor and Federal Minister for Economic Affairs and Climate Action, Dr. Robert Habeck, has praised Kenya for its significant strides in renewable energy, particularly in geothermal, solar, and wind investments. These effor...

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Democratic Republic of the Congo – DRC At A Glance – Situation as of 31 August 2022

Highlights The Democratic Republic of Congo (DRC) is the country...

SAFA provides clarity on Banyana Banyana staff payments

The South African Football Association (SAFA) has noted reports doing the rounds and wishes to state categorically that we were never part of any discussions that agreed for R115 000 to be paid to the Banyana Banyana support staff. We were shocked and ...

Samuel Eto’o elected as Cameroon FA president

YAOUNDE— Former Barcelona and Chelsea striker Samuel Eto’o has...