Lagarde: Africa’s tech, soft infrastructure are IMF priorities

Christine Lagarde, managing director of the International Monetary Fund, said soft infrastructure investment across Africa is a development and investment priority as the IMF encourages a more inclusive – and more vigorous – approach to global economic growth. “More can be done to raise growth now and make it more inclusive,”…

Djibouti-Ethiopia rail runs set for October start

Test runs of the new railway linking Addis Ababa and Djibouti may come as early as next week, now that the $345 million project, funded primarily by China, is near completion. Officials with Ethiopian Railway Corporation say trial service will run for three to six months on the line, beginning…