China-Afirca Trade Information Service
he Interswitch platform, Uganda’s pioneer banking switch, posted double digit growth between 2015 and 2016, in spite of fewer transactions at the ATMs connected to the platform.
Nairobi has been ranked as the top most dynamic city in the African continent, in a new global rating.
Miners in Kenya have put the government on the spot for withdrawing $28.5 million in public funding for a survey to map the country’s mineral resources in favour of financing from China.
Kenya lags behind the region in creating inclusive economic growth despite years of robust wealth creation.
Tanzania is seeking a loan of $200 million from the World Bank for debt-ridden state power supplier Tanesco, the country's energy ministry said on Monday, two weeks after the president refused to allow the utility to hike prices to cover costs.
British explorer Tullow Oil has announced new crude find in Turkana in northern Kenya.
Dar es Salaam — Tanzania has signed a $1 billion partnership agreement with a Chinese firm to commercialise cassava farming and processing, raising hopes to growers who have been grappling with the challenge of accessing reliable markets.
The presence of Chinese Foreign Minister Wang Yi in Africa appears to contradict China's policy of non-interference in the continent. But DW's Abu-Bakarr Jalloh thinks China merits some praise.
China is investing additional $40 billion in Nigerian economy, its Foreign Affairs Minister, Mr Wang Yi, said on Wednesday at a bilateral meeting with his Nigerian counterpart, Mr Geoffrey Onyeama, in Abuja.
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