Africa

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

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.