Saturday, 18 November 2017

Category: Markets

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Africa has the prospect to become a trend setter

Africa has the prospect to become a trend setter

The future African consumer is Africa, South African creative agency Andpeople said during its presentation at the World’s Global Style Network (WGSN) Futures Summit last Thursday ...

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UAE trade with Africa rockets

UAE trade with Africa rockets

The United Arab Emirates (UAE) has always had strong ties with Africa. Given that about 65% of all Arabs are also Africans, it is no surprise that there is a close relationship be ...

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Fly Africa invests $7.2 million to revive firm

Fly Africa invests $7.2 million to revive firm

Low-cost airline – Fly Africa Zimbabwe – says it has invested $7.2 million out of a planned $9 million towards the revival of the airline after it resumed operations recently post ...

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Creative craftsmen set to build boat out of plastic waste – Kenya

Creative craftsmen set to build boat out of plastic waste – Kenya

The beaches of Kenya’s idyllic Lamu island are dotted with traditional Swahili stone and coral houses, mansions built by European royalty, the odd donkey and, increasingly, tidal ...

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Kenyan government adds $400m into Kenya Airways

Kenyan government adds $400m into Kenya Airways

Kenya's national carrier could be saved by the government as it moves to pump $400 million into its operations. Kenya’s government converted some loans to Kenya Airways into equit ...

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Egypt, IMF reach agreement on $2 billion loan portion

Egypt, IMF reach agreement on $2 billion loan portion

Egypt has reached a staff-level agreement with the International Monetary Fund for an instalment of about $2 billion more from a three-year, $12 billion loan programme, the IMF sa ...

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President Kagame and Tony Elumelu to headline Young Entrepreneurship Day

President Kagame and Tony Elumelu to headline Young Entrepreneurship Day

The Young Entrepreneurship Day will bring together some of Africa’s most promising entrepreneurs with investors and new partners to help them scale up their ideas and businesses a ...

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Nepotism killing Uganda SMEs

Nepotism killing Uganda SMEs

Uganda’s Minister of Trade, Industry and Cooperatives Amelia Kyambadde has decried the increasing employment of family members, clans mates and tribes mates in most Ugandan Small ...

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Ethiopian increases flights to Cameroon, Gabon with the Boeing 787

Ethiopian increases flights to Cameroon, Gabon with the Boeing 787

Ethiopian airlines have announced an increase in its weekly flights to two Central African cities. Cameroon’s Yaounde and the Gabonese capital, Libreville. Ethiopian, the continen ...

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Oil price rises to $62.53

Oil price rises to $62.53

Oil price rose further, yesterday, with Brent climbing 46 cents to $62.53, while West Texas Intermediate, WTI rose 23 cents to $55.87 a barrel, the highest since July 2015 as Saud ...

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