EAST / CENTRAL AFRICA

  Nairobi to host first EIB hub in Africa building on 45 years of EIB Kenya engagement On his first official visit to Africa since the start of the COVID-19 pandemic, European Investment Bank President Werner Hoyer and Vice President Thomas Östros Thursday formally opened the EIB’s new Nairobi Hub ...

New investments by Rwandan companies will benefit from a business financing initiative backed by the Development Bank of Rwanda and the European Investment Bank launched in Kigali on Tuesday.. Rwandan firms will benefit from EUR 30 million new long-term facility funded by both the European Investment Bank through their East ...

Now in its 7th successful year, English, French, and, for the first time, Arabic entries are to be received between November 1st, 2021, and January 31st, 2022 Pan-African reinsurer Continental Reinsurance Plc has opened submissions for the 2022 pan-African (re)insurance journalism awards.  Business reporters across the African continent may submit ...

The new Mercedes-AMG SL, the new edition of an icon, returns to its roots with a classic soft top and sporty character. At the same time, the luxurious roadster as a 2+2 seater is particularly suitable for everyday use and puts its power down on the road with all-wheel drive ...

A humanitarian initiative led by Coventry University has donated essential electronic equipment such as laptops, projectors and tablets to help provide interactive learning opportunities to the people living in the Kigeme Refugee Camp in Rwanda. The donation was made by the university’s Faculty of Engineering, Environment and Computing in association ...

The TOYOTA GAZOO Racing World Rally Team is celebrating victory in the first Safari Rally Kenya to be held as part of the FIA World Rally Championship for nearly 20 years. Sébastien Ogier and co-driver Julien Ingrassia pulled off a superb fightback to take their fourth win from six events ...

Hyundai Motorsport embarks on an exciting adventure this week as the FIA World Rally Championship returns to Africa for the first time since 2002, and a unique challenge because none of Hyundai’s three crews is familiar with the rough gravel roads of Kenya. The Safari Rally Kenya will be the sixth ...

African Export-Import Bank (Afreximbank) has thrown its weight behind the African Organisation for Standardisation (ARSO) to harmonise standards in the automotive sector in Africa in order to facilitate an accelerated development of the sector across the continent. The harmonised standards are to be adopted by individual African countries, facilitating cross-border ...

Total, operator of Block 17 in Angola, together with the Angolan National Oil, Gas and Biofuels Agency, have started production from Zinia Phase 2 short-cycle project, connected to existing Pazflor’s FPSO (Floating Production, Storage and Offloading unit). The project includes the drilling of nine wells and is expected to reach ...

The #StopEACOP campaign has welcomed the news that the three largest French banks, BNP Paribas, Société Générale and Crédit Agricole, will not be financing the East African Crude Oil Pipeline (EACOP), a proposed 1,445-kilometer heated oil pipeline through Uganda and Tanzania. This brings to six the total number of banks ...