Justin Yifu Lin and Yan Wang, BEIJING – The eighth triennial Forum of China-Africa Cooperation was recently held in Dakar, Senegal. At past forums, China has announced large development-financing packages. But this year, Chinese President Xi Jinping opened the FOCAC by pledging another billion doses of COVID-19 vaccines and more private-sector equity investment to Africa. This is just one sign of […]
December 03, Kampala: There is good news for the economy about rising employment levels for the last six months as the country continues to recover from the COVID-19 pandemic hit. According to Stanbic Bank Uganda’s Purchase Managers’ Index (PMI) for the month of November, job creation was signaled in the country’s private sector for the […]
Kampala, Uganda|12/07/2021—The Mastercard Foundation and Africa CDC jointly announced that 756,000 Johnson & Johnson vaccines purchased under the Saving Lives and Livelihoods initiative have landed in Uganda and are set for distribution. The shipment is part of the first tranche of vaccines to be delivered under the initiative. Through Saving Lives and Livelihoods, the Mastercard […]
Abuja, 7th December 2021 – African Export-Import Bank (Afreximbank) is formally breaking ground for the construction of the African Medical Centre of Excellence (AMCE) today in Abuja, Nigeria. The Centre aims to provide world-class healthcare across the continent in long-term partnership with King’s College Hospital, London (KCH), the official clinical partner for the AMCE. Commissioning of the Centre […]
In a fast-paced and ever-changing business world, it has become increasingly important for employees to be heard and recognized, to give them a sense of purpose, and help them know that their contributions are being noticed. They want to know that their skills are still relevant, useful and that they are making a positive contribution […]
03Dec2021. Medical personnel often urge us to conduct routine medical examinations as a way of ensuring that our bodies are in a good health state. However, most of us rarely go for these checkups unless we notice a change in our bodies. According to a 2019 report by the World Health Organisation (WHO), non-communicable diseases (NCDs), […]
Addis Ababa, 02 December 2021. Africa’s largest aviation group, Ethiopian Airlines, has been crowned as the ‘Best African Airline” at the 2021 Business Traveller Awards. The votes made by the business travelers for this year took into account the COVID period with key questions covering airlines’ effectiveness in communication, effective implementation of COVID precautionary measures, […]
Kampala, December 01, 2021 – Sanlam General Insurance Uganda, one of the leading insurance providers in Uganda has launched an online salvage bidding platform intended to provide ease of access to auctioning and bidding for their customers. The launch took place at their Head Office on Clement Hill Road. The online bidding platform is aimed […]
The Board of Directors of the African Development Bank Group has approved $217 million in loans to fund a project that will improve road transport services in Kenya’s northeastern region. The loans comprise $75 million from the non-concessional window of the Bank Group and $142 million from the concessional lending division, known as the African […]
On December 24, 1987, the Washington Post published a story titled: “In Ethiopia, Food is a Weapon of War”. In this startling article, author Blaine Harden intensely described how food was used as a fundamental weapon of war by both the Ethiopian government and rebel organizations during the country’s civil war prevailing at the time. […]
Durban, 29 November 2021 – The second Intra-African Trade Fair (IATF 2021) generated a record-setting US$42.1 billion in trade and trade-related investment deals, according to the latest tally released today by the IATF Advisory Council. The latest figures captured additional data submitted by Trade Promotion Agencies of Algeria, Nigeria and South Africa. Organised by African Export-Import Bank (Afreximbank), […]
Ouagadougou, 29 November 2021 – Afreximbank congratulates Vista Bank Group for its successful expansion to promote Intra-African trade. The EUR 59.167 million facilityfrom Afreximbank’s Intra-African Investment supports Vista Bank’s expansion through its majority stake acquisition in VIstaGui (ex- Banque Internationale pour le Commerce et l’Industrie de la Guinée (BICIGUI)) and Vista Bank Burkina (ex- Banque Internationale pour le Commerce, l’Industrie et l’Agriculturedu Burkina (BICIAB)), from BNP Paribas. Under Vista’s ownership, Vista Bank Burkina and VistaGui’s customers will be […]
Addis Ababa 29 November 2021. Ethiopian Airlines, the largest aviation group in Africa, is pleased to announce that it has finalized preparations for the launch of Zambia’s National Carrier in a joint venture with Industrial Development Corporation Limited (IDC). Ethiopian has a 45 percent stake in the joint venture while Industrial Development Corporation Limited (IDC) retains […]