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Kenyan interbank rate hits 8-year low: Central Bank of Kenya

Kenyan interbank rate hits 8-year low: Central Bank of Kenya

NAIROBI ––Financial news from Nairobi this week revealed that the rate at which banks in Kenya borrow money from each…
World Bank president Kim to join U.S. private equity fund as a partner, vice chairman

World Bank president Kim to join U.S. private equity fund as a partner, vice chairman

WASHINGTON — Jim Yong Kim, the outgoing president of the World Bank, said on this week that he would join…
Rwanda, Alibaba considering increasing agro-products exports to China

Rwanda, Alibaba considering increasing agro-products exports to China

KIGALI– Rwanda Development Board (RDB) on Sunday met with a delegation of China’s e-commerce giant Alibaba in the Rwandan capital…
Globe Afrique closes sale to new owners

Globe Afrique closes sale to new owners

A new U.S.–based media entity formally took over as the new owner of Globe Afrique in early January 2018, officially…
GM to partner with EV charging networks for its electric cars

GM to partner with EV charging networks for its electric cars

CHICAGO– U.S. automaker General Motors (GM) said on Wednesday that it will collaborate with three leading electric vehicle (EV) charging…
To spur motor industry in Kenya, President Kenyatta wants affordable vehicles

To spur motor industry in Kenya, President Kenyatta wants affordable vehicles

NAIROBI, Kenya, — Kenyan President Uhuru Kenyatta on Wednesday urged local motor vehicle assemblers to innovate ways of producing quality…
U.S. jury awards 289 Million USD in lawsuit against Monsanto

U.S. jury awards 289 Million USD in lawsuit against Monsanto

NEW YORK – On last Friday, a U.S. jury in the city of San Francisco, California has awarded a man…
America’s insistence that Africans must wear used clothes

America’s insistence that Africans must wear used clothes

Bundles of used clothes shipped to Africa By Owei Lakemfa. Rwanda is a small landlocked African country with a 24,670…
An inter-African economic exchanges forum to unlock trade hosted in Tunis

An inter-African economic exchanges forum to unlock trade hosted in Tunis

TUNISIA-TUNIS-AFRICA ECONOMIC FORUM PARIS–– The Tunisian government hosted an Africa Economic Forum on Tuesday, with more than 900 participants from…
Nigeria, Rwandan sign airspace pact

Nigeria, Rwandan sign airspace pact

Rwanda’s Jean de Dieu Uwihanganye, and Nigeria’s  Hadi Abubakar Sirika. LAGOS–– Rwanda and Nigeria Monday signed an airspace agreement letting Rwanda’s…
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