Ethiopia is set to receive $300 million grant from World Bank to rebuild, as fighting subsides

The World Bank will give Ethiopia $300 million worth of grant money to rebuild parts of the country that were destroyed following months-long fighting...

Ethio Telecom launches Ethiopia’s 5G network

Ethiopia's state-owned telecommunications company, Ethio Telecom, has launched the first 5G network in the Horn of Africa. Local media reported that the launch took place...

Sanlam announces strategic €2 billion deal with Allianz to combine resources across 29 African countries

One of Africa's largest insurance services providers, Sanlam, has announced a strategic partnership with Allianz SE, a global leader in insurance and asset management. In...

Bank of Uganda says cryptocurrency has no place in domestic market

The Bank of Uganda (BoU) has issued a prohibition on the use of crypto in the nation – warning its citizens about what it...

Kenya: President Uhuru Kenyatta issues executive order raising the minimum wage for workers by 12% effective May 1

Kenya's President Uhuru Kenyatta has issued a directive to increase workers' minimum wage by 12 per cent, effective immediately. The minimum wage was last...

Kenya distances itself from US-led pact against internet shutdowns

Kenya has distanced itself from a United States listing of 60 signatories to an agreement that commits countries from arbitrarily shutting down the internet.  Kenya, Cape...
Exit mobile version