Tanzania’s President John Magufuli has ordered the country’s central bank not to bail out any struggling banks as East Africa’s third-largest economy tries to control rising bad debts in the sector. A spike in non-performing loans over the past two years has hit local bank profits and choked off new
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US Secretary of State Rex Tillerson has cancelled scheduled events in Kenya on Saturday because he is feeling poorly. "The secretary is not feeling well after a long couple days working on major issues back home such as North Korea," the state department said. Mr Tillerson, on his first official
Read MoreMAPUTO, Mozambique, 9 March , 2018 -/African Media Agency (AMA)/- The complementary expertise of the Getenergy and Energy Council, has prompted these two leading networks to announce a partnership aimed at supporting the growth of the oil, gas and energy industry in Mozambique. The Mozambique Assembly taking place on the 12th and
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Kenyan President Uhuru Kenyatta has held talks with opposition leader Raila Odinga in the capital Nairobi. This is the first time the two rivals are meeting since last year's contested elections. "Had the great pleasure of welcoming my brotherRaila Odinga to Harambee House where we had the opportunity for extensive discussions
Read MoreDAKAR, Senegal, March 9th , 2018 -/African Media Agency (AMA)/- DHL Global Forwarding, the leading international provider of air, sea and road freight services, has appointed Elhadji Galaye Ndaw as Country Manager in Senegal. Based in Dakar, Galaye will report to Serigne Ndanck Mbaye, Cluster Head for Senegal, Ivory Coast and Ghana,
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A Manchester-based author whose debut novel was initially rejected by British publishers has won one of the world's richest literary prizes. Jennifer Nansubuga Makumbi - who's from Uganda and moved to the UK 17 years ago - has won one of the Windham Campbell Prizes from Yale University in the
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Telecom giant, MTN, has announced that it has stopped selling SIM Cards in line with new guidelines by the Uganda Communication Commission (UCC). This announcement was made on Thursday evening indicating that the telecom company will install card readers at its different service centres to validate national identification data. " Effective
Read MoreUN in Egypt applauds the decisions taken by the Government of Egypt, starting with the inauguration of the “Year of Egyptian Women” in early 2017 CAIRO, Egypt, March 8, 2018,-/African Media Agency (AMA)/- On the occasion of the International Women’s Day (IWD), the United Nations (UN) in Egypt commends the
Read MoreOf the newly announced funds, nearly $184 million is for affected populations from South Sudan WASHINGTON D.C., United States of America, March 8, 2018,-/African Media Agency (AMA)/- Today (March 6, 2018), U.S. Secretary of State Rex Tillerson announced nearly $533 million in humanitarian assistance for the people of Ethiopia, Somalia,
Read MoreOf the newly announced funds, nearly $184 million is for affected populations from South Sudan WASHINGTON D.C., United States of America, March 8, 2018,-/African Media Agency (AMA)/- Today (March 6, 2018), U.S. Secretary of State Rex Tillerson announced nearly $533 million in humanitarian assistance for the people of Ethiopia, Somalia,
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