The African Development Bank (AfDB) will provide up to $500 million to help finance a new airport in Ethiopia, slated to become Africa’s largest upon completion. The African Development Bank (AfDB) is contributing $500 million to support the construction of a new airport in Ethiopia. This facility, to be Africa’s largest, will feature four runways…
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Kenya has invited international development lenders to help finance a $2 billion expansion of Nairobi’s Jomo Kenyatta International Airport (JKIA), just nine months after cancelling a deal with India’s Adani Group following the indictment of its founder in the United States. Kenya plans a $2 billion expansion of Nairobi’s Jomo Kenyatta International Airport. The country…
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Zambia has raised concern over a new United States visa policy requiring some of its citizens to pay visa bonds of up to $15000, warning the measure would impose an “unnecessary financial strain” on travellers. Zambia has raised concerns over a new US visa policy requiring certain citizens to pay bonds up to $15,000. The…
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Africa’s richest man, Aliko Dangote, the industrial giant whose name is nearly associated with modern Nigerian industry, appears to be on the verge of achieving a significant new milestone. Aliko Dangote’s net worth on Bloomberg’s Billionaires Index is $29.3 billion, with a year-to-date increase of $1.2 billion. Dangote’s wealth has fluctuated throughout the year due…
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Chowdeck has raised $9 million in Series A funding to expand into more cities and roll out a quick commerce strategy aimed at speeding up grocery and local market deliveries. Chowdeck raised $9 million in Series A funding to expand its African operations and implement a quick commerce strategy. Leading investors, including Novastar Ventures and…
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The World Health Organization (WHO) has formally verified Kenya’s elimination of human African trypanosomiasis (HAT), often known as sleeping sickness, as a public health hazard. Kenya has successfully eliminated human African trypanosomiasis (HAT) as a public health concern. This achievement follows years of dedicated surveillance and control measures against the disease. Kenya is now the…
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