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Life Style
Gold Worth US$ 30.7 Billion Smuggled Out of Africa in 2022 – Study
The United Arab Emirates has been the main destination for tens of billions of dollars worth of gold smuggled out of Africa…
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Kenya & US Strategic Trade and Investment Partnership Enters 6th Round of Negotiations
Kenya and the United States will be engaging on the sixth round of the Kenya – United States Strategic Trade…
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Africa’s GDP Growth Drops to 3.1% in 2023 – AfDB
Africa’s GDP growth dropped to 3.1 percent in 2023 from 4.1 percent in 2022, attributed to significant structural challenges and…
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Nigeria Releases 98% of Blocked Airline Funds
Nigeria has released 98% of blocked airline funds, and the International Air Transport Association (IATA) now says just US$ 19…
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African Airlines’ Operating Revenue for March 2024 Hits US$ 1.74Bn – AFRAA
African airlines are experiencing enhanced revenue performance, following a growth in traffic. AFRAA’s estimate shows operating revenue for March 2024…
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Airlines Worldwide Continue to Reel from Boeing’s Troubles
On 10 March 2019, Ethiopian Airlines Flight 302 was a scheduled international passenger flight from Bole International Airport in Addis Ababa, Ethiopia, to Jomo Kenyatta International…
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IMF Approves US$ 900 Million for Tanzania
The IMF Executive Board has completed the third review of the Extended Credit Facility (ECF) for Tanzania, allowing for an…
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IMF Approves Disbursement of US$ 569 Million to Zambia
The IMF Executive Board completed the third review under the 38-month Extended Credit Facility (ECF) Arrangement for Zambia and approved…
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Uganda Reinstates 25% Import Duty on Electric Vehicles
Uganda has increased import duty from nil in the previous financial year to 25 per cent on fully electric vehicles,…
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Zambia Airways Resumes Flights to Tanzania
Zambia Airways has resumed its direct flights from Lusaka, Zambia to Dar es Salaam, Tanzania after a sixteen-year hiatus, seeking…
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