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Africa, India trade grows ten fold

Africa, India trade grows ten fold

July 24, 2018

Trade between Africa and India rose more than 10-fold between 2001 and 2014, making India Africa’s fourth-largest national trading partner, according to a new report jointly produced by the African Export-Import Bank…

Consortium set to reduce Ugandan electricity costs

Consortium set to reduce Ugandan electricity costs

July 24, 2018

A consortium of development finance institutions and commercial lenders today announced completion of the refinancing of more than $400 million loans of Bujagali Energy Limited (BEL), aiming to help reduce electricity costs…

United States redefines al-Shabaab

United States redefines al-Shabaab

July 20, 2018

The Department of State has amended the designation of al-Shabaab – an al-Qa’ida affiliate in Somalia – to include al-Hijra and other aliases.