Tag: business

Kenya’s economy records slowest growth in five years

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Kenya’s economy grew by 4.9 per cent in 2017, recording the slowest margin in five years amid prolonged electoral process and adverse weather. That pace of growth falls far below the 5.9 per cent recorded in 2016, data released today by the Kenya National Bureau of Statistics (KNBS) indicate. The...

Eritrea Becomes The 45th African Country To Join Afrexim Bank

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Eritrea becomes the 48th African country to join the African Export-Import Bank as a participating state and/or shareholder. The East African country of Eritrea has joined the membership of the African Export-Import Bank (Afreximbank), becoming the 48th African country to become a participating state or a shareholder in the continental...

Egypt Knocks Off South Africa, Becomes No1 Investment Destination In Africa

egypt
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Egypt has replaced South Africa and made it to the top of “Where to invest in Africa in 2018” list released by the Rand Merchant Bank (RMB) South Africa is now second on the list. RMB said in a report, “Egypt displaced South Africa because of its superior economic activity...

Equatorial Guinea – One Stop Business Window To Open Before The End Of 2017

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The Minister for the Promotion of Small and Medium-sized Businesses, Hermes Ela Mifumu, has revealed that the One-stop Business Window could be in operation by the end of 2017. The Minister for the Promotion of Small and Medium-sized Businesses, Hermes Ela Mifumu. The meeting took place at the headquarters of...