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Kenya’s manufacturing hub raised hope for the flailing SMEs sector. So why did it fail?

When Joseph Gitile started his soap manufacturing business in 2017; he was exuberant and very optimistic that within a few months he would be...

Kenya signals shift back to foreign debt as government eyes $2.27 billion Eurobond

Kenya will raise more money from foreign than domestic sources, as it restructures its debt portfolio to take advantage of growing appetite for high-yielding...

Nigeria finalizes creation of $2.6 billion infrastructure firm

Nigeria’s president Muhammadu Buhari has approved the creation of a new entity that will focus on infrastructure development, with a seed capital of $2.63...

Uganda’s debt-to-GDP ratio to hit 50% by June

Uganda’s Ministry of Finance expects public debt will surge to 50% of its annual economic output by June this year, driven by fresh borrowing...

Ethiopia’s PM Abiy won the war in Tigray. Now the economy is bleeding.

In November, Ethiopia’s Prime Minister Abiy Ahmed – a Nobel Peace Prize winner – shocked the world when he ordered a military invasion in...

Sudan to receive $330 million bridge loan from UK to clear ADB debt

Sudan is set to receive a $330 million bridge loan from Britain to help clear its more than $400 million in arrears to the...

Central African Republic to receive $34.4 million loan from IMF

Central African Republic will receive $34.4 million from the International Monetary Fund (IMF) after the Washington-based lender completed the first and second reviews of...

Zambia’s government walks perilous path in subsidizing fuel and aiming to win IMF bailout

Zambia’s government has put itself between the proverbial “rock and a hard place” after it announced that it will further subsidize fuel prices risking...

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What’s next for Africa’s struggling aviation sector?

On March 5th, 2020 this writer took a flight from Nairobi to Cairo. As usual, the airport in Kenya’s...
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Why diamond-rich Botswana must diversify its economy

As a duck is to water, the word “diamond” is synonymous with this southern African nation.

Kenya’s manufacturing hub raised hope for the flailing SMEs sector. So why did it fail?

When Joseph Gitile started his soap manufacturing business in 2017; he was exuberant and very optimistic that within a...

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LAUNCH: THE STATE OF AFRICA 2020 CONFERENCE

Mansa Media in partnership with Afrochampions Initiative...