As I settle back in my homeland Nigeria ( west Africa) since retiring as the President of the International Fund for Agricultural Development (IFAD) in March this year, I am reminded of a local saying that when you go to the stream to fetch water, your bucket will only be filled with the water that is yours. No one can ...
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Why Jack Ma Travelled To Kenya And Rwanda With 38 Chinese Billionaires
Asia’s richest man and founder of Alibaba Group, Jack Ma is on a two-day trip to east Africa, visiting Kenya and Rwanda with 38 fellow Chinese billionaires, all no doubt poised with expensive fountain pens, ready to ink billion dollar deals. Check also: Alibaba spends $4.6B to Acquire 20% stake in Suning East Africa has become an attractive investment destination in recent years, ...
Read More »Uganda And Tanzania Plan To Build Electric Railway Lines
Uganda and Tanzania are looking to incorporate electric railway lines into their standard gauge railway transport network. Check also: Nigeria To Build A $2.4billion Lagos Red Line Rail Project According to the East African newspaper, the two countries are planning to upgrade the SGR project after its installment to electric lines. However, this will depend on the availability of sufficient energy supply. ...
Read More »Africa’s Tallest Building Is Under Construction In Nairobi
The tourism sector on Tuesday got a major boost as President Uhuru Kenyatta opened two international hotels and laid the foundation stone for the tallest building in Africa. Check also: Top 10 Most Expensive Buildings On The African Continent The Nairobi hotels are the Park Inn in Westlands with a bed capacity of 140 managed by Radisson Hotel, and Lazizi Premier ...
Read More »Kampala Landlords Threaten To Close Shops Due To Property Tax Increase
Kampala — Kampala Capital City Authority ( KCCA ) has increased the amount of money by three times what it charges in property tax, a move that could lead landlords passing on the burden to tenants through rent. Check also: Why You Should Stop In Kampala First Before You Move To Other Parts Of Uganda A landlord, who has been paying ...
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