AFRICA NEWS

President Yoweri Museveni attended the 14th Summit of the Northern Corridor Integration Projects in the Kenyan capital Nairobi.

Intra-Africa Trade received a boost with the launch of a $1-billion South Africa-Africa Trade and Investment Promotion Programme (SATIPP) in Sandton. SATIPP is a joint programme launched by the African Export-Import Bank (Afreximbank) and the Export Credit Insurance Corporation of South Africa (ECIC).  The two organisations signed a cooperation agreement in march this year and SATIPP is being launched under this arrangement. The $1-billion financing programme will promote and expand trade and investments between South Africa and the rest of Africa.

At least four in every 10 oil and gas contracts will be awarded to Ugandans, the government said yesterday.

Tanzania has licensed a subsidiary of Australia’s Windlab Ltd to build 300MW Miombo Hewani wind farm in the central part of the country.

The Independent High Authority for Elections in Tunisia has announced that it has started to prepare for the legislative and presidential elections due to be held next year. A detailed schedule and operational plan has been drafted, Quds Press has reported.

Rwanda’s overall spending will increase by 16 per cent in 2018/19 to $2.87 billion, as the government moves to promote industries and improve the standard of living.

Ethiopia continues receiving today sympathies from African countries and other parts of the world after a bomb attack shock this capital Saturday during a rally in support of policies implemented by Prime Minister Abiy Ahmed.