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Pan-African airline partnerships continue to gain momentum

Partnerships have been gathering momentum as Africa’s aviation sector navigates its post-pandemic recovery and the issue of high fuel and oil prices. African leaders lead the charge toward new partnerships  The partnership between Kenya Airways (KQ) and South African Airways (SAA) to establish a pan-African airline by 2023 has been a significant indicator and driver

AfDB secures $15.6bn investment for construction of Lagos-Abidjan highway

Dr Akinwumi Adesina, the president, African Development Bank (AfDB), says the bank has secured 15.6 billion dollars investment for the construction of the Lagos-Abidjan highway. He said that the investment would strengthen regional trade and integration in West Africa by linking the hinterlands of different Participating Member Countries (PMCs). The president said that the investment

First direct shipment of kenyan coffee to South Korea (Bolloré)

Bolloré Transport & Logistics was recently commissioned to handle a logistic operation organizing the first direct shipment of coffee by Kenyan farmers to South Korea without the use of a coffee brokerage. This was made possible thanks to sector reforms by the government of Kenya that now allow farmers to market their produce directly with

Nigeria gives up waiting for China Eximbank railway loan

By: Ruth Olurounbi and William Clowes Nigeria said it won’t wait any longer for the Export-Import Bank of China to finance a major part of a crucial railway project in Africa’s biggest economy. The government received from the state-owned lender only about 15% of the funding required for a line originally estimated to cost $8.3 billion

EU PLANS TO RIVAL CHINA’S  BELT AND ROADS IN AFRICA

By Jevans Nyabiage EU Plans to rival China’s EU plans for the February 17-18 summit in Brussels include the launch of “an ambitious Africa-Europe investment package, taking into account global challenges such as climate change and the current health crisis”. In December, the 27-member bloc announced it would mobilise up to €300 billion (US$343.5 billion)