African Business News

Tanzania-Uganda's oil and pipeline projects to top this year's infrastructure transactions in the region

A new report shows that Tanzania and Uganda top EA's oil and pipeline project funding needs this year as the two countries seeking over $7 billion funding for the said project.


According to Debtwire's Africa Project Finance Trend update for 2019, the oil and infrastructure sectors are the most probably to attract interest from investors and financiers this year.

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Ethiopia's economy thriving under investments in irrigation.

Ethiopia has emerged as an engine of development in Africa after rapid economic growth averaging 10 percent annually between 2004 and 2014 and there are no signs that further growth ambitions are disappearing.

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Ethiopia launches Electronic Trading System for Soybean and Chickpea

Addis Ababa — Ethiopia Commodity Exchange (ECX) has officially launched the electronic trading system of soya bean and chickpea to strengthen foreign trade transactions.

The modern trading system was launched officially in the presence of Trade and Industry State Minister, Misganaw Arega and Ambassador Fitsum Arega.

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Rwanda-successfully achieved universal healthcare

Rwanda is one in every of the few developing countries within the world that have with success achieved universal aid.With more than 90 per cent of Rwandans covered under the community-based health insurance scheme locally known as Mutuelle de Santé, Rwanda is one of the few developing countries in the world that have successfully achieved universal healthcare.

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