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Rwanda to get first smartphone factory

Rwanda could soon make history in Africa by officially opening a new smartphone factory in April. The country’s minister of information and communication technology Paul...

Kenya’s public debt hits $51.7 billon

Kenya’s public debt has reached $51.7 billion according to the country's 2019 medium term debt management strategy. The document was tabled in parliament last week. The...

Egypt to build first cashless city

Egypt is on the brink of establishing the first cashless city as its new administrative capital in the coming years. The North African country has...

Somalia denies auctioning oil blocks belonging to Kenya

Somalia has rejected claims by Kenya that oil blocks in a disputed section of the Indian Ocean have been auctioned. The dispute over the maritime...

Maritime border dispute between Kenya and Somalia escalates

A dispute over a maritime border between Kenya and Somalia has escalated forcing Kenya to recall its ambassador to Somalia. The Kenyan foreign ministry confirmed...

Six African countries cited for encouraging terrorism financing

The European Commission has cited six African countries for having deficiencies in their anti-money laundering and counter-terrorist financing frameworks. These African countries are Botswana, Libya,...

MTN boss in Uganda deported to Belgium

The head of telecommunications company MTN in Uganda has been deported, according to police officials. Police say Wim Vanhelleputte was put on a plane to...

Uganda postpones oil production to 2022

Lack of infrastructure and disagreements over taxes and plans with operators have forced Uganda to postpone oil production to 2022. Uganda's Energy Minister Irene Muloni...

Access Bank supports German companies in Ghana

One of Africa’s largest banks, Access Bank is providing financial support and solutions to German companies and their local partners operating in Ghana. The initiative...

Ghana’s inflation rate drops to 9 percent

Ghana’s Inflation rate has dropped significantly from 9.4 percent recorded last December to 9 percent for the month of January this year. This is based...

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