SOUTH AFRICA PRESIDENT SET FOR STATE OF THE NATION ADDRESS (SONA 2019)

SOUTH AFRICA PRESIDENT SET FOR STATE OF THE NATION ADDRESS (SONA 2019)

President Ramaphosa to address the nation during SONA 2019.

President Cyril Ramaphosa is set to address South Africa during the State of the Nation Address (SONA 2019). This event is the second under President Ramaphosa government. The SONA 2019 will aim to inform the nation about its present economic, political,

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PRESIDENT LAUNCHES MOBILE COURT IN TANZANIA

PRESIDENT LAUNCHES MOBILE COURT IN TANZANIA

President John Magufuli launches mobile court in Tanzania to help primary courts.

President Magufuli has launched mobile court worth Sh470m in Tanzania. This mobile court will help reduce the number of cases at the primary level in the judiciary system of the nation; as over 177, 614 cases were filled …

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HIGHLIGHTS OF THE BOSASA SCANDAL AS HAWKS MAKES ARRESTS

HIGHLIGHTS OF THE BOSASA SCANDAL AS HAWKS MAKES ARRESTS

Highlights of Bosasa corruption, money laundering and fraud scandal.

Seven people including Former Bosasa Chief Operating Officer (COO) Angelo Agrizzi and former correctional services commissioner Linda Mti were arrested yesterday (6 January, 2019), for corruption, money laundering and fraud. This is according to a media statement from South Africa’s Directorate

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OIL & GAS OPPORTUNITY AT CHILEWA INVESTMENTS LIMITED

OIL & GAS OPPORTUNITY AT CHILEWA INVESTMENTS LIMITED

There is an oil & gas opportunity for a vibrant personnel to work in an Exploration and Production company in Port Harcourt, Nigeria. 

Chilewa Investments Limited acts as intermediaries to recruit, build capacities, train and manage competent contract staffs for Oil & Gas companies.

In this opportunity, the Exploration &

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CONSTRUCTION OF NAMUTUMBA HEALTH CENTRE III BEGINS IN UGANDA

CONSTRUCTION OF NAMUTUMBA HEALTH CENTRE III BEGINS IN UGANDA

Construction of Namutumba Health Centre III kicks-off in Uganda

The Construction of  Namutumba Health Centre III in Uganda have begun. The project which is worth Shs500m is part of the World bank’s plan to grow the Ugandan health sector.

The  Namutumba Health Centre III will have a maternity ward, children, …

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RWANDA SIGNS US$400m METHANE GAS PRODUCTION DEAL

RWANDA SIGNS US$400m METHANE GAS PRODUCTION DEAL

Rwanda signs deal to extract methane gas from Lake Kivu

The Rwanda government have signed a US$400 million deal with Gasmeth Energy Ltd to extract, process, compress and also bottle methane gas from Lake Kivu. The signing of the seven years deal took place on Friday 1st February 2019 but …

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CONSTRUCTION OF CASSAVA PLANT IN TANZANIA REACHES 90 PERCENT COMPLETION

CONSTRUCTION OF CASSAVA PLANT IN TANZANIA REACHES 90 PERCENT COMPLETION

The construction of a cassava plant in Tanzania is 90% complete.

The construction of Lindi based Cassava Starch of Tanzania Corporation’s (CSTC) cassava plant in Tanzania is almost complete. Reports say the plant is already 90% complete and will soon become fully operational.

The Lindi based Cassava Starch of Tanzania …

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ANALYSIS OF PRESIDENT TRUMP’S STATE OF THE UNION ADDRESS

ANALYSIS OF PRESIDENT TRUMP’S STATE OF THE UNION ADDRESS

In President Trump’s State of the Union Address message, we analysed the international agenda of the U.S. in relation to the rest of the world – Africa.

The second State of the Union Address was delivered today (6 February 2019, 3:00 am WAT) by President Donald Trump. This annual message

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ZIMBABWE LOOKS TO ADDRESS FOREIGN CURRENCY SHORTAGE

ZIMBABWE LOOKS TO ADDRESS FOREIGN CURRENCY SHORTAGE

Zimbabwe’s mines minister seeks to address foreign currency shortage in the country.

On Monday, 04 January 2019, Zimbabwe’s mines minister Winston Chitando said, soon introduction of monetary policy tools will help address foreign currency shortage affecting mining companies.

Lack of funds in the economy, has hurt mining companies including the …

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MoUDC TO TRANSFER OVER 30,000 CONDOMINIUM HOUSES TO RESIDENTS IN ETHIOPIA

MoUDC TO TRANSFER OVER 30,000 CONDOMINIUM HOUSES TO RESIDENTS IN ETHIOPIA

In the next six months, MoUDC will transfer over 30,000 condominium houses to residents in Ethiopia.

Ethiopia’s Ministry of Urban Development and Construction (MoUDC) will transfer over 30,000 condominium houses (condos) to residents. This news is coming after the minister presented the proposal to the House of People’s Representatives (Parliament).…

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CONSTRUCTION OF WESTLANDS MARKET IN KENYA IS 85% COMPLETE

CONSTRUCTION OF WESTLANDS MARKET IN KENYA IS 85% COMPLETE

Westlands Market Construction almost complete in Kenya.

Construction of the Westlands market in Kenya is almost complete. The project which is now 85% complete will help generate revenue for the nation as well as create job for residents in the area.

The Westlands market construction project which has been facing …

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BDEAC PLANS TO FINANCE DEVELOPMENT PROJECTS IN D.R CONGO

BDEAC PLANS TO FINANCE DEVELOPMENT PROJECTS IN D.R CONGO

BDEAC plans to finance development projects in DR Congo.

Plans are underway by the Development Bank of the Central African States (BDEAC) to finance projects in Democratic Republic of the Congo. This is the first time that BDEAC is financing any project in the nation.

The bank is prioritizing the …

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D.R CONGO PRESIDENT APPOINTS NEW SECURITY ADVISOR

D.R CONGO PRESIDENT APPOINTS NEW SECURITY ADVISOR

DRC president handpicks experienced Francois Beyo Kasonga as new security advisor

The newly elected DRC President Felix Tshisekedi have chosen Francois Beyo Kasonga as his Security advisor; The president ordered his appointment over the weekend.

Kasonga, who is in his 60’s have spent influential time within the country’s intelligence sector.…

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CAR BOMB IN SOMALIA SHOPPING MALL

CAR BOMB IN SOMALIA SHOPPING MALL

Death toll increases after car bomb in Somalia capital Mogadishu .

More than ten individuals have died after a car bomb in Somalia shopping mall exploded. The explosion took place this morning at the busy Hamarweyne district.

Al Shabaab has claimed responsibility for the car bomb in Somalia, saying …

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AFRICA’S BIGGEST FUND MANAGER IN TROUBLE WATERS

AFRICA’S BIGGEST FUND MANAGER IN TROUBLE WATERS

Board members of Africa’s Biggest Fund manager has resigned following allegations of dubious investments.

Public Investment Corporation, is a South African based fund manager with more than US $150 billion. The state-owned entity  has come under scrutiny following allegations of wrong doing. These allegations have forced board members of the

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CHINESE GOVERNMENT BUILDS 1029 BOREHOLES IN GHANA

CHINESE GOVERNMENT BUILDS 1029 BOREHOLES IN GHANA

China constructs 1029 boreholes in Ghana

China have built 1029 boreholes in Ghana to help solve its water problem. The drilled boreholes constructed in 10 region across Ghana is to enable increased access to portable drinking water.

The project is under the china-aided borehole project that will help rural community …

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AfCFTA – WORLD’S BIGGEST SINGLE MARKET IN AFRICA

AfCFTA – WORLD’S BIGGEST SINGLE MARKET IN AFRICA

Ethiopia becomes 18th country to ratify the African Continental Free Trade Area (AfCFTA). This comes ahead of the 32 Ordinary Session of the Assembly of the African Union. Which will hold on the 10 – 11 of February 2019 in Addis Ababa, Ethiopia.  

African Continental Free Trade Area (AfCFTA) is …

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U.S GOVERNMENT ISSUES VISA BAN ON GHANA

U.S GOVERNMENT ISSUES VISA BAN ON GHANA

U.S issues visa ban on Ghana

U.S government has issued a visa ban on Ghana. This is after the Ghanaian government’s refusal to take back its citizens that were to be deported by the U.S government. This latest development will have definitely make Ghanaians go through a very hard process …

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WHAT INVESTORS SHOULD KNOW AS SOME OF AFRICA’S BIGGEST ECONOMIES HEAD TO POLLS

WHAT INVESTORS SHOULD KNOW AS SOME OF AFRICA’S BIGGEST ECONOMIES HEAD TO POLLS

Before the elections commence in Africa, what do investors need to know?

Political instability which is an investors nightmare, is also one element hindering infrastructural development in Africa. Most times, especially in Africa, political unrest usually arises during election period – change in government.

Some African countries this year 2019 …

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BEST COUNTRIES TO INVEST IN AFRICA 2019

BEST COUNTRIES TO INVEST IN AFRICA 2019

RMB  gives report on best countries to invest in Africa for 2019

Many investors are in search of the best countries to invest in Africa; as Africa is fast rising to become a very fertile investment destination. The continent is in dire need of roads, rails, ports, airports, power grids …

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