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More than 60 pilots quit national carrier Kenya Airways for greener pastures in rival Middle East airlines in the past year, the company’s management said. An undisclosed number of engineers have also left for better jobs as the Kenyan carrier …
Continue readingKenya and Uganda are set to position East Africa as the next oil development frontier, Bloomberg Intelligence has said. The note based the findings on the discovery of several onshore deposits. They include the billion-barrel potential at Uganda’s Lake Albert …
Continue readingLarge companies in Africa are growing faster than their peers in the rest of the world, raking in $1.4 trillion in annual profits and contributing to government taxes and higher wages, a new report finds.
The continent has 700 companies …
Continue readingEthiopia opens a multibillion-dollar railway line this Wednesday. The 750-kilometre track links the capital Addis Ababa with the port of Djibouti. The project took four years to complete and has cost more than three billion dollars. 70 per cent of …
Continue readingThe proposed concessioning of Nigeria’s airport has been described as a well-intentioned and timely project that will give way for proper management of the nation’s entry points. The managing director of Comrade Air Limited, Alhaji Umar Ibrahim Mohammed stated this …
Continue readingSudanese-British mobile communication entrepreneur and billionaire Mo Ibrahim has warned African leaders against stealing elections due to fear of leaving office. He said more elections are being subjected to the harsh light of observation, authentication, social media among others and …
Continue readingIn Abidjan the capital of Ivory Coast, a woman may choose between a “capable husband” or an “ungrateful husband” while monitoring the move of a rival.
These are the various nick names given to thousands of colourful fabrics of different …
Continue readingPalm oil produced in Guinea now faces a threat of being banned in the European Union. It has been deemed unfit for consumption due to the use of the Sudan 4 dye, that gives the product a more vivid colour.
Mauritius, South Africa, Rwanda, Botwana and Namibia are Sub Saharan Africa’s most competitive economies according to the latest ranking of ‘The Global Competitiveness Index,’ by the World Economic Forum (WEF).
The WEF defines it as “the set of …
Continue readingMauritius is sub Saharan Africa’s most competitive economy according to the latest ranking of ‘The Global Competitiveness Index,’ by the World Economic Forum (WEF).
The country however ranks at number 45 on the global ladder of 138 countries …
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