Market

EU Chief Announces $172 Million Investment for Africa

European Commission President Ursula von der Leyen Thursday announced a more than $172 billion investment plan for Africa, as part of the European Union’s Global Gateway infrastructure initiative.Von der Leyen made the announcement at a news conference…

Rwanda :a “valuable partnership ” with UAE

Trade, technology, agribusiness… Rwanda has been in partnership with UAE in various things. Currently UAE is Rwanda’s leading trade partner with close to $900 million in total trade as of 2020, the UAE accounted for almost 20% of Rwanda’s trade globall…

IMF Approves $455 Million Loan to Republic of Congo

The International Monetary Fund board on Monday approved a three-year $455 million loan for the Republic of Congo to help undergird the small African nation’s economic recovery.The global crisis lender will provide $90 million immediately under the Ext…

At Least 6 Reported Dead in Crush at Africa Cup Soccer Game

At least six people died in a crush outside a stadium hosting a game at Africa’s top soccer tournament in Cameroon on Monday, a local government official said, realizing fears about the capacity of the Central African country to stage the continent’s b…