IATA and ACI warn of looming aviation sector collapse
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IATA and ACI warn of looming aviation sector collapse

ByBrian Kithinji

As airlines worldwide struggle to stay afloat due to the coronavirus pandemic, the International Air Transport Association (IATA) and the Airports Council International (ACI) World have urged governments to use testing as a means to safely re-open borders. Both organizations are also calling to for the re-establishment of global connectivity to avoid the systemic collapse…

Mozambique to receive EU aid in combating increased terror activity
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Mozambique to receive EU aid in combating increased terror activity

ByBrian Kithinji

Mozambique will receive support from the European Union in tackling increased terror attacks in the country’s north. The EU Ambassador to Mozambique, Antonio Sanchez Gaspar announced the offer, while insisting that the aid will be more in terms of training, logistics and medical services to the Mozambican Defence Forces. “The government of Mozambique has asked…

The new “Singapore?” Ghana’s economic success sets model for sub-Saharan Africa
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The new “Singapore?” Ghana’s economic success sets model for sub-Saharan Africa

ByBrian Kithinji

Ghana has officially become the first country in sub-Saharan Africa to achieve the Millennium Development Goal 1, which is the target of halving extreme poverty. The success stories don’t end there though. According to a report from the Ministry of Finance, the country became a middle income economy in June, and with an economic freedom…

Rwanda’s Kigali International Finance Centre inks financial pact with French Bpifrance
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Rwanda’s Kigali International Finance Centre inks financial pact with French Bpifrance

ByBrian Kithinji

Rwanda’s Kigali International Finance Centre (KIFC) has signed a financial agreement with French public investment bank Bpifrance that sets the path for the two public institutions to support and promote business exchange and economic cooperation between both nations. The agreement is particularly a major milestone for the Kigali International Finance Centre as it aims to…

Zambia set to default external debt
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Zambia set to default external debt

ByBrian Kithinji

Zambia is set to default on its external debt when the copper producing nation misses $118 million in interest payments on Eurobonds due from October 14 to March 2021. The Southern African country is banking on a comprehensive debt restructuring plan but without help from its largest creditor, China, as well as a substantial macroeconomic…