16-Jul-2019 to 05:02

Kenya to leverage on new technologies to deepen financial inclusion

APA-Nairobi(Kenya) — President Uhuru Kenyatta on Monday said Kenya will continue leveraging on new technologies to deepen financial inclusion and enhance service delivery.

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15-Jul-2019 to 18:21

Zimbabwe's inflation spikes to 175.7% in June

APA-Harare (Zimbabwe) — Zimbabwe's annualised inflation rate rose 77.81 percentage points in June to 175.66 percent as economic headwinds buffet the struggling southern African economy facing acute shortages foreign currency to import fuel, electricity and raw materials.

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15-Jul-2019 to 14:31

The political economics of S/Leone’s $2b bridge

APA-Freetown-(Sierra Leone) — When President Julius Maada Bio launched an ambitious $2 billion project last month to build an 18 kilometer bridge linking the capital Freetown to the country’s only international airport in Lungi, critics had dismissed it as a dangerous dream that Sierra Leone simply cannot afford.

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15-Jul-2019 to 14:26

EA countries spending supporst growth but weighs on fiscal strength

APA-Nairobi(Kenya) — Although East African governments' pro-growth fiscal policies will support economic expansion over the next two years, recurring fiscal deficits will constrain their creditworthiness at a time when they have less capacity to absorb future balance sheet shocks, Moody's Investors Service said in a report released on Monday.

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15-Jul-2019 to 14:23

UAE announces $100 m grant to Ethiopia

APA-Addis Ababa (Ethiopia) — United Arab Emirates (UAE) on Monday announced a $100 million grant to Ethiopia during a signing ceremony in Addis Ababa.

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15-Jul-2019 to 14:13

Moroccan insurance company poised to open Egypt subsidiary

APA - Cairo (Egypt) — Morocco’s insurance company Wafa Assurance has formally requested the Egyptian Financial Regulatory Authority (FRA) to obtain approval for the opening of a subsidiary in Egypt under the name “Wafa Egypt Assurance,” an Egyptian economic source has told APA.

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15-Jul-2019 to 14:10

Uganda sings labour export pact with UAE

APA-Kampala (Uganda) — The government of Uganda and that of the United Arab Emirates (UAE) have signed a Memorandum of Understandings to facilitate the protection of Ugandan migrants in UAE.

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