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Tanzania to achieve universal access to electricity by 2021

All Tanzanian villages will be connected into the national electricity grid by 2021, local media reported quoting the Minister of Energy Medard Kalemani. Kalemani made the statement during an official tour in Northwestern Tanzania’s district of Geita. According to him, several villages had so far been connected in the first round under the third phase […]

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EIB invests €495 million in transport, energy, internet across Africa

The European Investment Bank has formally agreed a total of €495 million of new financing for three projects to support sustainable transport, clean energy and internet access projects in North, West and East Africa. The three projects, signed at the summit attended by heads of state and government from across Africa and Europe, earlier this […]

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Poll reveals graft, unemployment as top worries of Kenyans

A recent survey in Kenya has established that Kenyans want the high cost of living, unemployment and corruption dealt with urgently as the year comes to a close. The poll, conducted and financed by Infotrak Research and Consulting, shows that 2018 was meant to be a year when Kenyans would begin enjoying a raft of […]

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Tourism: Africa receives only 5% of the international arrivals

Africa’s travel and tourism industry continues to record impressive growth over the years. In 2017, the continent hit a 63 million high in international tourist arrivals as compared to 58 M in 2016 (+ 9%). The growth record is slightly above the global performance of a 7% rise in 2017, to reach a total of […]

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AfDB, Entreprenarium launch master classes for 200 women entrepreneurs

The African Development Bank, as part of its Initiative to Support Access to Women in Africa (AFAWA), in partnership with Entreprenarium, has launched training sessions for 200 women entrepreneurs in Côte d’Ivoire. Masterclasses in business management and financial planning will be conducted by Entreprenarium at the Bank’s premises, benefiting 100 women entrepreneurs. A second masterclass […]

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Kenya hosts first ever Sustainable Blue Economy conference

Kenya is co-hosting the first ever-global Sustainable Blue Economy Conference with Canada and Japan from Nov. 26 to 28. The three-day conference has high global support with over twenty world leaders and 13,000 participants from around the world. The participants are coming together to learn how to build a blue economy. According to the conference […]

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Top US diplomat to visit Horn of Africa

The United States Department of State’s top diplomat on African Affairs will travel to Ethiopia, Djibouti, Eritrea, Kenya, and later on to Germany from November 27 to December 8, Washington said. Tibor Nagy, Assistant Secretary for the Bureau of African Affairs is expected to visit the Horn of Africa as part of US efforts to […]

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Kenya gets new €235 million loans to complete Thwake dam

The African Development Bank (AfDB) has approved two loans worth €235.763 million for the completion of a dam on Thwake River in southern Kenya.   According to the bank, the loan was requested by Kenyan authorities as an additional support to a €76 million loan granted by the Bank in 2013 to start building of […]

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U.S. appoints Peter Pham as Special Envoy to Great Lakes region

Secretary of State Mike Pompeo has announced the appointment of Peter Pham as the U.S. special envoy for Africa’s Great Lakes Region. According to a State Department’s statement, Peter Pham, director of the Africa Center at the Atlantic Council think tank, will coordinate U.S. policy in the region, with an emphasis on strengthening democratic institutions. […]

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Kenya to raise $2.8 bln from Eurobond, loans

Kenya is looking forward to raise $2.8 billion from Eurobonds in the coming months. This will be Kenya’s third Eurobond quest since 2014. The country plans to raise $2.8 billion despite the International Monetary Fund’s concerns that the country is at risk of over-indebtedness. The Washington-based lender urged the state to refinance debt using concessional […]

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