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Kenya, Uganda Discuss Rival Routes for Oil Export Pipeline

The Kenyan and Ugandan presidents held talks on Monday about which route to choose for an oil export pipeline that Kenya wants to go through its territory rather than neighbouring.

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Congo Orders Mining, Oil Companies to Pay Taxes in U.S. Dollars

Mining and oil firms in the Democratic Republic of Congo have recently being asked to pay taxes and import duties in U.S. dollars rather than in the national currency.

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Fresh Oil Discovered in Kenya

Britain’s Tullow Oil has recently said that it has made an oil discovery in Kenya, which could mean opening up a second oil basin for development in the country.

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Kenya Gets $1.5Bln IMF Shock Facilities

The International Monetary Fund (IMF) has recently approved two-year standby facilities for Kenya worth about $1.5 billion, which can be drawn on if the East African nation faces unforeseen shocks.

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Senegal GDP Growth Reaches 6.5 pct for First Time in 12 Years –IMF

Senegal’s economic growth reached 6.5 percent in 2015 for the first time in more than a decade, the International Monetary Fund said recently, buoyed by the agriculture sector and the.

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Zimbabwe needs IMF reforms and 8 percent growth to revamp economy

Patrick Chinamasa, Zimbabwe Finance Minister In addition to other reforms agreed with an International Monetary Fund delegation, Zimbabwe has said that it needs an annual growth rate of up to.

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South Africa’s Eskom to spend $21 Bln on new Power Plants

CEO Eskom, Brain Molefe South Africa’s Eskom has recently said that it will increase its capital expenditure by 44 percent to 324 billion rand ($21 billion) over the next five.

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Zimbabwe: New Visa Regulations to Boost Tourism

Zimbabwe tourism authorities have recently relaxed visa requirements in a drive to shore up the tourism sector, following a report ranking the 27 out of 52 countries on the continent’s.

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Angola Capital Investments Advances Healthcare Delivery in Africa

Zandre Campos, chairman and CEO of ACI Angola Capital Investments (ACI), a leading international investment firm headquartered in Angola, has recently announced its investment in Sphera Bluoshen S.A. to support.

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Zimbabwe Undertakes Nation Rebranding to Lure Investment

Tourism and Hospitality Minister, Walter Mzembi The Zimbabwe Government has said that it is working on a framework that will brand Zimbabwe as a tourist, trade and investment destination as.

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