Business Affairss

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 ...

Financing in UEMOA : BOAD has totaled around 8,000 billion FCFA in commitments

ICT/digitalization occupies first place (40.1%), second place goes to 'Energy and natural resources' (23.9%), Finance and Insurance is placed in third position (12.4%), followed by agricultural production and food security (14%), health and educat...

GDP grows 0.01% from second quarter of 2022 to 2023

Angola's Gross Domestic Product (GDP) grew 0.01 per cent from the second quarter of 2022 to the second quarter of 2023, the National Statistics Institute (INE) said Monday in Luanda. According to the Rapid Information Sheet (FIR), referring to th...

Tea : sales could generate $1 billion by end of 2023

In Kenya, tea export earnings are expected at 150 billion shillings ($1 billion) in 2023. The expected amount would be up 12 billion shillings ($81 million) from the level a year earlier . The authorities have in fact put in place a program which ...

Burkina: VAT fraud amounting to more than 2.5 billion FCFA

More than a hundred companies are incriminated in VAT fraud, estimated at more than 2 billion 563 million FCFA, the National Anti-Fraud Coordination (CNLF) said on Monday. ) which was announced the arrest of several fraudsters including the master...

Judicial return: courts examine their achievements to better track economic and financial crimes

The President of the Transition, Head of State, Captain Ibrahim TRAORE, guarantor of the independence of the judiciary, attended this Monday the solemn hearing marking the 2023-2024 return to school of the various jurisdictions of our country. Th...

Ligue 1 Burkinabè: The leader, ASEC-K, held in check by AS Sonabel (0-0)

Ligue 1 Burkinabè: The leader, ASEC-K, held in check by AS Sonabel (0-0) Ouagadougou, October 2. 2023 (AIB) - ASEC Koudougou, leader of the championship, was held in check on Saturday September 30 by its runner-up AS SONABEL (0-0), during the 5th...

Nyeri To Construct A Sh500 Million Industrial Park

The County Government of Nyeri has inked a deal with a local contractor for the construction of a Sh500 million aggregate and industrial park in Kieni constituency.According to the Chief Officer in Charge of Trade, George Mwangi, the park, a joint...

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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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Football: the Head of State congratulates the U20 Ladies Stallions for the bronze medal at the UFOA-B tournament

The President of the Transition, Head of State, Captain Ibrahim TRAORE received in audience this afternoon, the Stallions Ladies U20, who won the bronze medal (3rd place) at the Union of West Federations tournament -African football, zone B (UFOA-B), ...

Accused appears in court on eight counts of theft

A 66-year-old Barend Philippus Botha was granted R15 000-00 bail upon appearance in the Klerksdorp Magistrates' Court for theft on Monday, 11 September 2023. The accused allegedly defrauded six victims of their monies amounting to R3 811 611. Accor...

China to Appoint Horn of Africa Special Envoy

China's Foreign Minister Wang Yi has announced that Beijing...