African Nations Lose Up to 5% of GDP Each Year Due to Climate Change
African nations are losing as much as 5% of their GDP each year due to climate change, according to a…
Category: Business
Uganda Expands Oil Exploration to New Regions
Uganda is launching oil exploration in two new regions, Energy and Mineral Development Minister Ruth Nankabirwa announced Wednesday. Nankabirwa revealed…
Kenya Airways Reports First Half-Year Profit in Over a Decade
Kenya Airways announced Monday it achieved its first half-year profit in more than a decade, reporting a net income of…
BK Group Plc Names Dr. Uzziel Ndagijimana as New CEO
BK Group Plc has appointed Dr. Uzziel Ndagijimana as its new Chief Executive Officer, effective August 14, 2024, following the…
MTN Rwanda Reports 307% Drop in Half-Year Net Profit to Rwf10.5 Billion
MTN Rwanda reported a 307.1% drop in net profit for the first half of 2024, with profits after tax falling…
South Sudan President Fires Finance Minister, Sixth Change Since 2020
South Sudan President Salva Kiir has dismissed Finance Minister Awow Daniel Chuong, marking the sixth change in the position since…
Zimbabwe’s Growth Forecast Dims Amid Devastating Drought Impact on Crop Yields
Zimbabwe’s economic growth outlook has been sharply downgraded due to a severe drought wreaking havoc on crop yields, Finance Minister…
Adpacey Technologies Expands Digital Screen Advertising in Kigali
Adpacey Technologies Ltd. has announced the expansion of its Digital Screen Advertising services across Kigali. The company’s state-of-the-art digital screens,…
Rwanda in Discussions with AfDB to Bring Pan-African Youth Bank to Kigali
Rwanda is in discussions with the African Development Bank (AfDB) to potentially introduce a youth entrepreneurship investment bank in Kigali,…
Bank of Kigali Announces Partnership with VCWC 2024 as Official Banking Partner
Bank of Kigali has solidified its role in the forthcoming Veterans Club World Championship (VCWC) by signing a three-year partnership…