NewsEast & Horn Africa

Mon,23Jul2018

East & Horn Africa

ENERGY: Power pitfalls

 

Launched in April, the Kinyerezi II power plant in Tanzania will inject 240MW into the grid, but the country has fallen foul of other investors after failing to pay its bills - Credits: ANESCO
Debts by utilities are a major challenge to expanding grid-based electrification on the continent. In East Africa, several investors have learnt this the hard way

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Day in the life: Camp Crusader - Joseph Munyambanza

 

Esther MbabaziAt 14, Joseph Munyambanza co-founded an organisation (CIYOTA) that provides education and vocations to those,  who like him, have been refugees

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Kenyan court temporarily suspends "Robin Hood" tax on bank transfers

In this photo of Wednesday Aug. 24, 2011 a customer is assisted at an M-Pesa counter in Nairobi, Kenya, to make a money transfer. Photo: AP Photo/Sayyid Abdul AzimKenya's High Court has temporarily suspended a "Robin Hood" tax on bank transfers of over 500,000 shillings ($5,000) imposed at the start of the month, the Kenya Bankers Association (KBA) said on Thursday.

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Ethiopian Airlines says it is in talks for stake in Eritrean Airlines

Aug. 9, 2012: Ethiopian Airlines chief executive Tewolde Gebremariam. Photo: Elias Asmare/AP/SIPAEthiopian Airlines is in talks to take a stake in Eritrean Airlines and a study will be conducted to determine the size of the acquisition, the Ethiopian carrier's chief executive said in an interview on Thursday.

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First Ethiopia-Eritrea flight in 20 years seals peace deal

Eritrean President Isaias Afwerki, right is welcomed by Ethiopia's Prime Minister Abiy Ahmed, second right upon his arrival at Addis Ababa International Airport, Ethiopia, Saturday, July 14, 2018. Photo: Mulugeta Ayene/AP/SIPAThe first commercial flights from Ethiopia to Eritrea in 20 years took off early today, sealing a stunning reconciliation between the former enemies a week after they ended their military standoff.

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Kenya to launch Nairobi financial centre later this year-finmin

Pedestrians walk past the closed doors of a money-transfer service in Nairobi, Kenya Wednesday, April 8, 2015. Photo: Khalil Senosi/AP/SIPAKenya will launch its international financial centre in the capital Nairobi later this year to attract large foreign financial firms and boost capital flows, its finance minister said on Wednesday.

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