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Tanzanian Airlines banned from flying into European Union Airspace
The European Commission has updated the European Union (EU) Air Safety List, the list of airlines that are subject to an operating ban or operational restrictions within the European Union, because they do not meet international safety standards.
Cape Town spearheads Africa’s hotel industry boom
Cape Town’s Luxury properties also performed particularly well then, achieving an impressive 66.2 percent occupancy and therefore outpacing counterparts in other major South African cities.
TAZARA suspends commuter train services in Dar-es-salaam
Dar-es-salaam, a city of neatly 6 million residents, has always been in dire need of auxiliary means of urban transport, which at the moment relies heavily on the private operated minibuses known as ‘Dala-Dala!’
Uganda starts exporting ready-to-drink coffee to Serbia
The move marked a strategic shift from exporting raw beans overseas, to delivering high value finished products, therefore positioning local coffee on premium shelves in the European markets.
Libya now acquires shares in the Afreximbank. Becomes full member
The acquisition of Afreximbank’s shares by Libya further strengthens ties with the oil rich nation and enhances critical support to the Libyan economy.
Tanzania to promote Saadani National Park in Sweden. TANAPA bags European Choice Award
TANAPA which is the custodian of the country’s 21 National Parks was awarded for attaining and sustaining the highest level of tourism service provisions by the European Society for Quality Research (ESQR).
Former Mauritania Minister elected President of the African Development Bank
Tah was designated by the Bank’s Board of Governors, comprising Finance and Economy Ministers or Central Bank Governors of the Bank Group’s 81 regional and non-regional member countries.
Will Equity Bank bow out of Tanzania following pilfering of USD 12 Million in Kenya?
But even before the scandal, Equity Bank had already started to close down several branches with seven such outlets shutting off in Kenya.
Ecobank wins the Best Bank in Africa prize at the Global Finance Awards
In selecting the best bank winners, Global Finance’s judges considered factors including growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products.
Hyatt Hotels’ Footprint in Africa Set for 50 percent Room Growth before 2030
In the next two years, Hyatt hotels are set to debut in new markets within the region, including the anticipated opening of Hyatt Regency Lagos Ikeja in Nigeria and Johannesburg