It is easier to do business in Kenya now, says KenInvest
The Kenya Investment Authority says changes in the regulatory and business environment will make Kenya the preferred FDI destination in the East African region.
Kenya attracted investments worth $470-million in the first half of this year, largely from foreign investors, data from the Kenya Investment Authority (KenInvest) shows.
Read more: It is easier to do business in Kenya now, says KenInvest
Major African Airlines Move to Dominate West African Market
Successful African airlines like Ethiopia Airlines, Kenya Airways and South Africa Airways (SAA) are trying to take over the lucrative West African air transport market long dominated by Nigerian airlines.
To actualise this objective, the airlines floated regional carriers with operating hubs in West or Central Africa.
Read more: Major African Airlines Move to Dominate West African Market
China bolsters Africa ties with $20b in loans
Beijing: Chinese President Hu Jintao on Thursday offered $20 billion (Dh73.4 billion) in loans to African countries over the next three years, boosting a relationship that has been criticised by the West and given Beijing growing access to the resource-rich continent.
BRICS a forum for strengthening India-S Africa ties: diplomat
India and South Africa enjoy a very close and cordial relationship and BRICS provide them with yet another opportunity for creating more networks, a top Indian diplomat has said.
Read more: BRICS a forum for strengthening India-S Africa ties: diplomat
