[ad_1] By BEATRICE MATERU Tanzania lenders returned good results in 2021 with more than five banks recording increased profits. NMB Bank made $125.05 million profit after...
[ad_1] By PETER MBURU African airlines are estimated to have lost at least $8.6 billion in revenues in 2021, as stringent Covid-19 measures continued to cause...
[ad_1] By VINCENT OWINO The Nairobi Securities Exchange registered a net foreign equity outflow of $44 million in the last quarter of 2021 from $8.2 million...
[ad_1] By EMMANUEL ONYANGO Tanzania is set to begin exporting avocado to India, as the country seeks to strengthen bilateral trade ties and enable farmers to...
[ad_1] By Johnson Kanamugire Rwanda plans to increase its 2021/2022 spending by $608.7 million to $4.2 billion as government plans for debt repayment and Covid-19-related expenditure,...
[ad_1] By GERALD ANDAE The World Bank will give Kenya $200 million to support various development projects to improve food security in the country. Vinay Kunar Vutukru,...
[ad_1] By AGGREY MUTAMBO EU High Representative for Foreign Affairs and Security Policy Josep Borrell spoke to Aggrey Mutambo on the bloc’s relation with the East...
[ad_1] By TESFA-ALEM TEKLE Kenya has reached a new agreement with Ethiopia in a bid to further expedite purchase of hydro-processed cheap power from Addis Ababa. The...
[ad_1] By JULIUS BARIGABA Uganda this week moved a step closer to joining the league of oil producers after global oil majors TotalEnergies and China’s CNOOC...
[ad_1] By AGGREY MUTAMBO Later this year, Egyptian engineering firm Arab Contractors is expected to complete the construction of the Julius Nyerere dam on the Rufiji...