South Africa court blocks Shell's oil exploration
Decision hailed by environmentalists.
Africa
UK expected to remove all 11 countries from red list
Kenya which had earlier this year red-listed was removed in October.
African air transport leaders commit to transforming the sector
African airlines had reopened 81.3 per cent of their international routes in October 2021
Purple Dot hands over Sh1.3 billion house project to owners
Construction kicked off in April, 2019 and completed July
2mo ago Africa
How to counter tax avoidance in Sub-Saharan Africa’s mining sector
Targeted policy actions to reduce tax avoidance could help governments recover some of this badly needed tax revenue
Somalia count on technology to up flow of diaspora remittances
The country receives at least $1.3 billion in diaspora remittances every year
African states yet to agree on key elements on continental trade deal
Experts however say consultations are ongoing to find a common ground
AFRAA calls for gender diversity for a sustainable aviation industry
In the world’s top 100 airlines, just 3 per cent of airline CEOs and COOs and 8 per cent of CFOs are women
Appeal of afro-hair propels the growth of hair business
Women are spending up to Sh10k at a go on natural hair products
Over half of the world’s population now using mobile internet–report
The report however note that more work needs to be done to bridge the digital divide
African banks tap into IBM technologies for financial inclusion
They include EcoBank, Nedbank, Attijariwafa Bank, UBA, Co-op Bank and Banco Mais.
Dahabshiil, AECF partner to support SME investment in Somali regions
With operations in Kenya, the two are keen to grow businesses in the region.
South African Airways resumes flights after bankruptcy
The government agreed in June to sell a 51-percent stake to a group of investors.
TMEA and AfCFTA join forces to unlock Africa’s trade potential
The two are united in their shared goal of increasing prosperity in Africa through the liberalisation of trade
Aviation players call for consolidation of air transport for industry sustainability
They spoke during a high level workshop on African airlines consolidation
EABC in partnership with East Africa Tourism Platform to fast track the sector's recovery
As uptake of vaccines increases and recovery efforts start, many nations are cooperating to revive tourism
African airlines to book Sh900.3bn loss on slow recovery–AFRAA
This as re-start of operations on intercontinental routes and vaccination status of the continent remain low
Jambojet commences Nairobi-Goma direct flights
The launch of the flights is aimed at opening up business and tourism opportunities between the two countries
Kenya-Ethiopia eye small players to boost trade at new border
High tariff bands have for years seen traders use porous borders to sneak in goods.
IMF projects global economy to shrink to 4.4% in 2022
It expects inflation to remain well anchored as the pandemic eases its grip