Chad has requested that a “common framework” be set up between the Paris Club and the G20 for the treatment of debt. These donors will probably extend the moratorium enjoyed by some fifty countries, mostly African, until the end of 2021.
This is the first initiative of its kind under … Read More
Despite the daily outcry from Nigerians in the country over lack of power supply, Nigeria government still wants to connect another nation to its power grid.
It is not a bad idea helping a nation that is struggling with any infrastructure development but knowing your citizens are suffering of such … Read More
The Board of Directors of the African Development Bank Group has approved grants worth €40.94 million for the construction of a bridge to connect Cameroon and Chad across the Logone river.
The grants, comprising a €20.785 million tranche for Cameroon and €19.215 million for Chad, were approved on 30th April … Read More
Chad to get US$125 million developmental support from World Bank
To help support developmental projects in the Chad; World Bank have announced a US$125 million support for the Central African country.
Acoording the the Bank, the support will two frameworks. The signatories for the support agreement were Chadian minister of … Read More
Chad Republic and Ethiopian airlines recently signed an agreement to launch a new national carrier for Chad by October 1st.
Chad republic through its Chad’s Civil Aviation Authority have sign an agreement with Ethiopian airlines for a new national carrier in Chad.
International Air Transport Association ranks Ethiopian Airlines as … Read More
U.S. government lifted the travel ban on Chad due to her improvement security strategies
The U.S. government lifted the travel ban on citizens of Chad. The ban which has lasted for six months lifted due to the increased standards of Chad’s security measures.
The ban in September was as a … Read More
Chad, banks and Glencore reach deal on over $1 bln oil-backed loan
Glencore and four bank lenders have reached a deal with Chad on the restructuring of an over US$1 billion oil-backed loan.
With the support of banks lent Societe des Hydrocarbures du Tchad (SHT) about $1.45 billion … Read More
Chad have officially begun work on two energy projects which it had planned for, 44 years ago.
The Republic of Chad has began work on two(2) energy projects it believes would boost the country’s economy. The foundation of the twin plants was laid on 28th Oct 2017 by the country’s … Read More
On the sidelines of the celebration of the tree festival, the President of the Republic S.E.M Mohamed Bazoum inaugurated the 138 km long Zinder – SORAZ – Tanout Bitumen Road. Niger has taken a step forward in accomplishing the dream of a trans-Saharan highway that will link six countries of … Read More
A seasoned Chadian diplomat, Moussa Faki Mahamat received a sweeping vote of confidence among African leaders Saturday to serve as chairman of the African Union Commission (AUC) for another four-year term.
Moussa Faki received 51 of 54 African leaders’ votes in favor of serving a second term in a virtual … Read More
Highlights of the Emir of Qatar’s state visit to Rwanda and his arrival in Nigeria.
His Highness Sheikh Tamim Bin Hamad Al Thani, the Emir of Qatar, spent the last few days visiting Rwanda before jetting off to Nigeria.
In Rwanda, President Kagame hosted the Emir for Tête-à-Tête. Both … Read More
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 … Read More
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 … Read More
Ten UN peacekeepers dies during an attack in Mali
A recent attack on UN’s Camp for multidimensional Integrated Stabilization Mission (MINUSMA) in Mali, have lead to the killing of 10 UN peacekeepers from Chad while another 25 were injured. This report is according to the statement from UN secretary-general Antonio … Read More
Members of Parliaments (MPs) list out challenges affecting industrialisation drive in Tanzania.
Tanzania is a nation with great potential but lack of industrialisation is affecting it. The members of parliaments during it session said its is due to unfriendly business environment.
According to the MPs, this is hindering and also … Read More
African economies rank least competitive in World Economic Forum (WEF) 2018 report .
World Economic Forum (WEF) 2018 report says various African Economies have remained uncompetitive. The reason its says is especially due to weak institutions and inadequate public policies.
In the WEF 2018 report; US Economy topped the world … Read More
WHY AFRICA NEEDS MORE AGRITECH ENTREPRENEURS
Agriculture is the biggest employer in Africa with about 70% of the population depending on it to make a living. Agriculture contributed to about 32% of Africa’s GDP as at 2016. Growth in this sector is 11 times more effective in reducing poverty than … Read More
The U.S. Supreme Court upheld the Trump administration’s travel restrictions from five Muslim countries. Hence giving Trump a victory in enforcing one of his most controversial policies.
The high court justices ruled that the president has the authority under U.S. immigration laws to limit travel from foreign countries. To reduce … Read More
Part of the Trans-Saharan Highway in Algeria is now complete.
The construction of the 1,600km Trans-Saharan Highway project in Algeria is now complete. Work is also in progress on another 200km road in south-Algeria and it will soon be complete. Algeria, said the completed infrastructure is a fundamental factor for … Read More
Mall for Africa expands to 11 new countries in Africa.
Worldwide e-commerce and m-commerce colossus, Mall for Africa will expand into 11 new countries in Africa. In acknowledgement to the growing demand for its patented platform, the app will now be available in African countries like Angola, Chad, Guinea, Botswana, … Read More