KENYA’S SHILLING EASES AS STOCKS CLOSE HIGHER
17/12/2015The Kenyan shilling has recently eased due to increased dollar demand from companies across all sectors to meet their obligations before they close for the holidays, while stocks have risen..
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CHINESE TO INVEST U.S.$500 MILLION FOR THE EXPANSION OF NIGERIAN BUSINESSES
17/12/2015The Minister of State for Industry, Trade and Investment, Hajiya Aisha Abubakar, has recently disclosed in Abuja, that Chinese investors have committed to invest an additional $500 million into various.
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CHINESE COMPANY SIGNS 10-YEAR DEAL TO BUY OIL FROM ANGOLA
17/12/2015China’s state-run company, Sinochem Group, has recently signed a deal with Angolan state-owned oil producer Sonangol to buy crude oil for a period of 10 years. The agreement which.
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Africa
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ETHIOPIA CONSTRUCTS RAILWAY TO CONNECT WITH NEIGHBORING COUNTRIES
17/12/2015Ethiopian President Mulatu Teshome has recently said the country’s railway coverage will reach 5,000 km by 2025, connectingEthiopia with Djibouti, Kenya, Sudan and South Sudan. The president said this while.
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Africa
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RWANDA: REFERENDUM POLLS KICK OFF TODAY
17/12/2015More than 40,000 Rwandans in Diaspora are expected to vote today in a referendum on revised Constitution, while 6.4 million voters who reside in the country are expected to cast.
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ITALY TO INCREASE INVESTMENTS IN ETHIOPIA’S INDUSTRY, INFRASTRUCTURE DEVELOPMENT
17/12/2015Italian Ambassador to Ethiopia, Giuseppe Mistrettahas recently said, in an exclusive interview with Ethiopian News Agency, that his country is keen to increase Italian investment in Ethiopia particularly in the.
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Featured
Polls
SEYCHELLES: VOTING STARTS IN PRESIDENTIAL RUN-OFF
16/12/2015The Seychelles has started voting on Wednesday in the second round of a presidential election in which incumbent James Michel is seeking a third. It is the first time a.
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Polls
NIGER: PRESIDENTIAL, LEGISLATIVE POLLS TO HOLD FEB. 21
16/12/2015Niger’s government on Tuesday fixed Feb. 21 as the date for a presidential election. Legislative elections will be held the same day and campaigning for both will take place from.
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Business & Economy
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South Africa’s Rand Recovers as Gordhan Takes Over
16/12/2015Following the appointment of the widely respected Finance Minister, Pravin Gordhan, South Africa’s rand has recently extended its rally from the previous session, firming to well below the 15 rand.
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Africa
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ETHIOPIA, AUSTRALIA PLANT TREES TO MARK 50 YEARS OF DIPLOMATIC RELATIONS
16/12/2015Ethiopia and Australia have recently marked their 50th anniversary of diplomatic relations, with planting of tree seedlings at the Gulele Botanic Garden; the event also saw the inauguration of Australia.
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