Business & Economy
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AFC raises $400 million in syndicated loan for critical infrastructure in Africa
AFRICA Finance Corporation, Africa’s leading infrastructure solutions provider, has raised $400 million in a new syndicated loan to support the…
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Kenya set for avocado exports to China
KENYA will soon commence exporting avocado to China amid growing bilateral trade between the two countries, an executive said on…
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Britain steps up Kenya investments with railway hub, eyes $1bn deals
BRITAIN is partnering with Kenya to build a new rail hub in the capital Nairobi, and its development arm CDC…
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US sanctions on Zimbabwe’s elite ricochet across economy
IN the 1990s, his factory, located in the Zimbabwean capital Harare, was buzzing. It had a workforce of 350 people,…
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Tanzania, Burundi ink deal for $900 million rail link
FINANCE ministers from Tanzania and Burundi have signed an agreement for the construction of a $900 million railway aimed at…
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AfCFTA, partners launch cross-border payment system to boost intra-African trade
THE African Continental Free Trade Area (AfCFTA) Secretariat, African Export-Import (Afrexim) Bank, and other partners launched the Pan-African Payment and…
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Ghana closed 2021 with inflation rate at 12.6%
GHANA consumer inflation maintained its upward surge to end 2021 at 12.6 percent, according to the latest data released by…
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Kenyans’ use of mobile money booms 20% in 2021
KENYANS made 1.9 trillion mobile money transactions in the first 11 months of 2021, worth more than $55bn. The Central…
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China denies claims of trapping Africa countries in debt
CHINA’S Foreign Minister Wang Yi has rejected allegations that Beijing was luring African countries into debt traps by offering them…
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GUEST POST: Benefits of starting an African import business
IMPORTING items can help you create a niche that’s hard to top. You have a unique path, and you can…
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