Rwanda's ruling party on Saturday chose longtime President Paul Kagame as its candidate for the August election, where he is expected to face a handful of challengers who either represent small parties or are independent. Kagame, 59, who has ruled this East African nation since 2000, was elected unopposed by
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A US-led coalition fighter jet has shot down a Syrian military plane in Raqqa province, the US has confirmed. The SU-22 fighter bomber was engaged by an F/A-18E Super Hornet after it had dropped bombs near the US-backed Syrian Democratic Forces, the Pentagon said. It is the first time in
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Detectives have smoked out a Ugandan Form One dropout who used forged academic certificates to get top jobs in government and reputable private companies in Kenya. Until he was arrested last week, he was the Deputy Director of Information and Communications Technology at the Public Service Commission. According to the
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Facebook has announced details of steps it is taking to remove terrorist-related content. The move comes after growing pressure from governments for technology companies to do more to take down material such as terrorist propaganda. In a series of blog posts by senior figures and an interview with the BBC,
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Dubai-based flydubai on Thursday announced the start of flights to Kilimanjaro from 29 October. The re-launched service to the carrier’s third point in Tanzania, along with Dar es Salaam and Zanzibar, will see flydubai’s network in Africa expand to 12 destinations. flydubai began operations to Tanzania in 2014 and has
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The US Federal Reserve has said it would raise its key interest rate by 0.25%, the second rise this year. The central bank voted to raise its key rate target to a range of 1% to 1.25%. That's the highest level since 2008, when policymakers cut rates to encourage borrowing
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Tanzanian President John Magufuli has directed the confiscation of all undeveloped farms in the country and ordered that they be reallocated to other citizens. The President made the directive during a meeting with Regional Commissioners (RCs), at State House in Dar es Salaam on Tuesday. President Magufuli said it isn’t
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Kenya Airways has moved a step closer to operating direct flights to the United States after the Department of Transportation (DOT) granted it the first set of licenses. The national carrier has received “exemption authority” from the DOT, allowing it to commence flights to the US provided it secures clearance
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United Bank for Africa Plc (UBA) successfully raised USD500 million through a debut Eurobond that was over-subscribed by 240%. The significant investor demand reflects the strong global investor appetite for UBA’s credit and support for the Group’s pan-African financial services strategy. The Global Offering is a five-year senior unsecured benchmark bond (144A/Reg S)
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The African continent is expected to grow to a US$3trn (Shs10,756 trillion) economy by 2030, according Ernst & Young’s ‘Attractive Program Africa 2017’ report. The strongest economies over the last two years have included commodity-importing East African countries such as Tanzania, Ethiopia, Kenya and Rwanda while the West African economies
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