Daily Archives: January 15, 2017

Rwanda’s IMF PSI and SCF targeted at addressing growing external imbalances

As Uganda and Tanzania are reviewed by IMF Executive Board for the 7th and 5th time respectively, Rwanda is accordingly being reviewed by the Board for the Sixth time under the Policy Support Instrument (PSI) and the first review under the Standby Credit Facility (SCF) for Rwanda. read more

Posted in Rwanda News | Comments Off on Rwanda’s IMF PSI and SCF targeted at addressing growing external imbalances

Uganda’s Economy Expected to Experience 5% Increase in Fiscal Year 2016/2017

Uganda’s economy has performed above expectation within unfavourable conditions. This has been discovered through a review exercised by the IMF Executive Board under the Policy Support Instrument (PSI) for Uganda. The PSI which is designed for countries that do not need balance of payments financial support was approved for Uganda by the Board on June 28, 2013 and a one-year extension was approved on June 6, 2016. This review marks the 7th review of the Board under the PSI. read more

Posted in Uganda News | Comments Off on Uganda’s Economy Expected to Experience 5% Increase in Fiscal Year 2016/2017

Maputo Could Be a Mega-Ship Port

The Port of Maputo in Mozambique has excellent development potential. It is located along the east coast of Southern Africa, to the north of the Ports of Durban and Richards Bay. It is one of several ports that connect via road and railway line to South Africa’s mega-metropolis of Johannesburg that is still Africa’s leading financial hub. read more

Posted in Mag, Mozambique News, South Africa News | Comments Off on Maputo Could Be a Mega-Ship Port

Super-Wide Rail Cars Could Boost Port Transfers

The majority of maritime ports worldwide offer the option of intermodal transfer of containers between maritime and railway transportation, and at some ports, the port railway may serve as the means by which to undertake ship-to-ship transfers of containers. read more

Posted in Mag, South Africa News | Comments Off on Super-Wide Rail Cars Could Boost Port Transfers

Cross-border collaboration in West Africa to be fostered at the Regional Energy Co-operation Summit

Regional Energy Co-operation Summit to discuss opportunities for cross-border power projects and investments across the West African region – Côte d’Ivoire, 26-27 January 2017. Under the theme unleashing international capital to drive forward West Africa’s regional integration. The event will host keynote addresses from Hon. Patrick Sendolo, Minister of Mines, Lands and Energy of the Republic of Liberia and H.E. Prof. Alpha Oumar Dissa, Minister of Energy, Mines and Quarries, Burkina Faso; while attracting high profile speakers with diverse background across the West African region. read more

Posted in Burkina Faso News, Events, Liberia News, Republic of Côte d'Ivoire (Ivory Coast) | Comments Off on Cross-border collaboration in West Africa to be fostered at the Regional Energy Co-operation Summit

What makes Ethiopia a must see of the planet?

Although you might have heard it countless times let us remind you about the sophistication of Ethiopia that makes the country a must see of the planet. Ethiopia is truly full of wonderful and breathtaking places that you must see in lifetime says Jumia Travel. read more

Posted in Ethiopia News, Travel | Comments Off on What makes Ethiopia a must see of the planet?

Critical time for Ethiopian Business Development

Ethiopia’s focus to tackle poverty once again put the country to prioritize on infrastructural development through public investments aspiring to make the country a manufacturing hub. This is expected to turn Ethiopia into a lower middle income country in the next decade growing the industrial sector by 20% average. read more

Posted in Ethiopia News | Comments Off on Critical time for Ethiopian Business Development