Coffee giant Starbucks to open stores in Sub Saharan Africa in 2016
After it struck a deal with Taste Holdings on Tuesday, the coffee giant Starbucks says it will open stores in sub-Saharan Africa for the first […]
Burundi
Tanzania earmarks $ 2 billion for roads construction in Dar Es-Salaam
The Tanzania government is planning to invest 4.394 trillion shillings ($ 2 billion) to build new road infrastructure and launch a rapid transit bus to […]
Equity Bank to open office in DR Congo
Leading kenyan commercial bank, Equity Bank plans to expand to Congo. The Bank’s banking group has announced that it would soon open office in DR […]
IFC and Ecobank to supports SMEs in Africa
IFC, a member of the World Bank Group, and Ecobank Transnational Incorporated, parent company of the Ecobank Group and a leading pan-African full-service banking group, […]
China Wu Yi Co to build roads in Kenya, Uganda and Ethiopia for $ 73 million
The construction firm China Wuyi Co Ltd announced on Monday it had won $73.2 million worth of contracts for the construction of roads in Kenya […]
Burundi: Court in Bujumbura summons a private radio manager for alleged support to failed coup
Crackdown continues in Burundi as a court in Bujumbura summons the manager of one of the private radios that aired the coup message read out […]
Kenya: Diamond Trust Bank to open branches in Madagascar and DRC
Kenya’s Diamond Trust Bank (DTB) has announced interests in extending operation in Africa. Ranked Kenya’s seventh biggest bank by assets is planning to use part […]
Burundi: President sacks anti 3rd term campaigners
Burundi will be holding presidential elections in June but tensions are already rising on the possibility that President Pierre Nkurunziza could compete in the polls […]
Burundi: AfDB donates $ 10 million to support economic governance reforms
The African Development Bank (AfDB) has granted a loan of US $ 10,249,000 to the Republic of Burundi on the 18th December 2014. The statement […]
Burundi: Government accused of electoral rolls rigging
The National Electoral Commission in Burundi was urged to stop registration on electoral rolls and to convene a meeting between all stakeholders after the government […]