24-Nov-2021 to 12:16

Ethiopia bags $23m from export of electric power to Djibouti, Sudan

APA-Addis Ababa (Ethiopia) — Ethiopia has secured $23 million from export of 423 million megawatts (MW) of electric power to Djibouti and Sudan in the past three months, a state-run electric producer said.

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24-Nov-2021 to 11:58

Eastern Africa’s economy projected to rebound by 3 percent in 2021

APA-Addis Ababa (Ethiopia) — Optimism abounds as the economy, which shrunk for the first time in a decade last year, is projected to rebound by 3 percent in 2021.

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22-Nov-2021 to 13:03

S/Africa's rail agency suspends CEO over British citizenship

APA-Pretoria (South Africa) — The Passenger Rail Agency of South Africa (PRASA) has suspended its chief executive officer Zolani Matthews after his security clearance was declined following his failure to disclose his citizenship.

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19-Nov-2021 to 16:09

Africa: Breaking the chains of dependence via AfCFTA

APA - Durban (South Africa) — The African Continental Free Trade Area (AfCFTA), which came into effect this year, is seen by African leaders as a “pathway to a prestigious made in Africa label.”

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19-Nov-2021 to 12:04

AfDB, W/Bank blacklist 20 Kenyan firms

APA - Kigali (Rwanda) — Nearly 20 Kenya-based companies have been blacklisted by the World Bank and the African Development Bank (AfDB) in less than two years over fraud and quality concerns in projects funded by the multilateral lenders, according to an official statement seen by APA in Kigali on Friday.

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19-Nov-2021 to 11:58

AfDB injects €36.5m into Malagasy power grid

APA - Antananarivo (Madagascar) — The African Development Bank (ADB) is supporting Madagascar's bid to strengthen its electricity grid.

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19-Nov-2021 to 10:20

S/Africa's central bank raises repo rate by 25 basis points

APA-Johannesburg (South Africa) — South Africa's repo rate has been increased by 25 basis points for the first time in nearly three years, the South African Reserve Bank (SARB)'s Monetary Policy Committee (MPC) has said.

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