U.S. allocates additional $300 Mln to fight HIV in Africa
The Obama administration is allocating an additional $300m to the effort to reduce HIV infection among girls and young women in 10 sub-Saharan African countries. […]
Zimbabwe
Zimbabwe: Mugabe delivers wrong speech to MPs, opposition questions his mental health
Zimbabwe’s President Robert Mugabe read out the wrong speech at the opening session of parliament on Tuesday, apparently unaware that he was delivering the same […]
Zimbabwe: IMF forecasts lower growth after exports dropped
The International Monetary Fund (IMF) on Wednesday lowered Zimbabwe’s growth forecast for this year to 1.5 percent from 2.8 percent, blaming lower commodity exports of […]
UN: “There is no way that Zimbabwe could introduce the local currency”
The United Nations says Zimbabwe is unlikely to have its own currency in the next five years, after it dumped its inflationary ravaged dollar in […]
India’s M&M looks to maintain double-digit growth in Africa
India’s largest utility and tractor producer, Mahindra and Mahindra or M&M, has set up an Africa-focused business unit as it looks to maintain double-digit growth […]
Zimbabwe: Companies’ tax arrears hit $ 1 Bln, Tax Agency
Zimbabwe’s companies and businesses owe more than $1 billion in tax arrears to the government, the Zimbabwe Revenue Authority said on June 25. Some of […]
China Development Bank lends $ 2 billion to Transnet group
The South African logistics group Transnet announced it had obtained a loan of 30 billion rand ($ 2 billion) from the China Development Bank 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 […]
Zimbabwe: EU willing to lift Mugabe travel ban, conditions attached
After the election of President Robert Mugabe of Zimbabwe as the Chairman of the African Union, the European Union (EU) has hinted that it is […]
Zimbabwe : Mugabe becomes AU Chairman
The Heads of state of the member countries of the African Union (AU) have elected Zimbabwean president Robert Mugabe as Chairman. Ahead of his election, […]