NewsEast & Horn Africa

Tue,24Apr2018

East & Horn Africa

Haven's sake: Mauritius tries to evolve beyond offshore banking

 

altTough new international rules on tax havens are forcing Mauritius’s offshore banks to evolve. Like other parts of the economy, the financial sector is looking to Africa for growth as it also moves away from plain vanilla services to provide more sophisticated financial products

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Mauritius looks to become future university hub

05122017propertyOne sugar conglomerate is diversifying into an education hub, aiming to lure African students with the promise of a European degree for less

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Poor regulation, dodgy pills spur plan for African drugs agency

Tablets of AIDS medicine Stavudine are seen at Aspen Pharmaceutical Research Laboratories in Port Elizabeth, South Africa, Aug. 29, 2002. Photo: JOHN MCCONNICO/AP/SIPALast July, Ugandan officials seized fake versions of the cancer drug Avastin on sale in Kampala, revealing only the tip of an iceberg of bogus medicines found all too often in Africa.

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Tanzania restores power in parts of country after nationwide outage

 A Tanzanian shoe-shiner conducts his business in Dar es Salaam, Tanzania Tuesday, Oct. 27, 2015. Photo: Khalfan Said/AP/SIPATanzania's power utility said on Friday it had started to restore electricity to parts of the country after the East African nation was hit by a country-wide blackout on Thursday morning.

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Louise Mushikiwabo: 'Democracy is in crisis'

Louise Mushikiwabo - Credits: Vincent Fournier / JA
While global debates about democracy rage, Rwanda’s foreign minister is trying to calm tensions in the neighbourhood and get the best out of an economically prosperous East African Community.

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AfDB approves $160 mln loan for second Nairobi runway

Independent Electoral and Boundaries Commission officials at JKIA airport in Nairobi, Kenya, Monday, Oct. 23, 2017. Photo: Khalil Senosi/AP/SIPAThe African Development Bank (AfDB) has approved a $160 million loan to Kenya for building a second runway at the main airport in the capital Nairobi, the bank said on Wednesday.

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