As the US secretary of state Rex Tillerson begins his first trip to Sub-Saharan Africa as secretary, beginning 6 March 2018, he focused on various issues aiming to strengthen the US’ trade and investment ties with the continent
Finance
Kenya’s annual GDP to rise about six per cent in few years: IMF
A staff team from the International Monetary Fund (IMF), led by Benedict Clements, visited Kenya from 19 February to 2 March 2018, to conduct the 2018 Article IV consultation and discuss about IMF support to Kenya including the authorities’ request for an extension of the current SBA
Amref Health Africa and GE Healthcare to strengthen Africa’s healthcare system
GE Healthcare and Amref Health Africa have announced a framework agreement to develop a range of in-country health care service collaborations across reproductive, maternal, newborn and child health, non-communicable diseases, water, sanitation and hygiene and safe surgery
African SMEs set to benefit from US$74mn guarantee
The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) has entered into a re- guarantee transaction of an amount of up to US$74mn with GuarantCo, to increase its guarantee capacity for SME financing
Digital credit scoring paves way for affordable microloans in East Africa
More than 2.5bn people around the world, many of them in Africa, lack formal identification that enables them to access to financial and government services, according to the United Nations and the ID2020 project