The future of Angola’s infrastructure development

The future of Angola’s infrastructure development

By Zandre Campos As Angola seeks to diversify its economy, one of the key sectors that continues to grow is infrastructure development. The country has continued to strengthen its mutually beneficial relationships with allies, particularly China, which has invested in Angola’s infrastructure since the two countries established diplomatic relations in…

Angola’s Lourenço announces $2 billion Chinese loan

Angola’s Lourenço announces $2 billion Chinese loan

Angolan President João Lourenço wrapped up a visit to Beijing Wednesday, where he met with President Xi Jinping and other government leaders as well as members of the business community. Their talks led to a new USD$2 billion credit agreement for infrastructure funded through China Development Bank, according to Angola’s official…

Magufuli orders arrest, Tanzania ferry toll at 224

Magufuli orders arrest, Tanzania ferry toll at 224

President John Magufuli of Tanzania has ordered the arrest of a ferry captain who was not aboard when it capsized on Lake Victoria Thursday, killing at least 224 people. Magufuli, in a televised address, told Tanzanians that the captain of the MV Nyerere left an untrained pilot at the helm…

Kenyatta touts trade, investment during U.S. visit

President Uhuru Kenyatta of Kenya met with United States President Donald Trump at the White House in Washington on Monday, in a visit focused on boosting trade and continued security cooperation. “We’ve had strong relations that stretch back – all the way back to our own independence. And we are…

Tensions in Djibouti over U.S. claim of China’s laser use

Authorities in the United States have filed a formal complaint with China over the reported use of lasers directed at U.S. pilots in Djibouti, where both countries have military bases near each other. Four laser incidents occurred over the last several weeks at Djibouti, U.S. military officials said. Three involved…

Museveni focuses on health care at EAC summit

Leaders of the East African Community (EAC) nations continued their focus on infrastructure development and – for the first time – held a retreat on health sector financing and development, as part of a summit hosted by President Yoweri Museveni of Uganda. The president, with his long advocacy of African…

Mauritius to support farmers hard-hit by cyclone flooding

Electricity has been restored, water supply is intact and officials on Mauritius have identified roads and drainage systems needing repair because of Cyclone Berguitta – but food supply remains a problem in the short term. Heavy rainfall impacted farmers and about 75 percent of local vegetable production, said Mahen Kumar…

AfDB touts agriculture, infrastructure in new African Economic Outlook report

Infrastructure investment remains at the core of African economic development, says Akinwumi Adesina, president of African Development Bank (AfDB), as the bank rolls out its 2018 African Economic Outlook. “Infrastructure, when well managed, provides the financial resources to do everything else,” said Adesina, speaking from the bank’s headquarters in Abidjan, Côte…