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Growth & Progress
East Africa Makes Commerce Easier
VOICE OF AMERICA
An international money transfer company has launched an online service for East Africans to send and receive money more easily. Analysts say WorldRemit will lower the cost of transferring money and boost African…
Morocco Unveils Fastest Train on the Continent
REUTERS
Morocco has inaugurated Africa’s fastest train, which promises to cut in half the traveling times between the commercial and industrial hubs of Casablanca and Tangier.
King Mohammed VI and French President Emmanuel Macron…
Volkswagens to Roll Out of Rwandan Plant
BBC NEWS AT BBC.CO.UK/NEWS
Photo by AFP/GETTY IMAGES
Rwanda has begun producing locally built cars at Volkswagen’s new factory in the capital, Kigali.
The Polo is the first model being made at the site, and the German automaker…
East Africa Continues Work on Rail, Highway Network
VOICE OF AMERICA
Photo by REUTERS
East African leaders have agreed to build a railroad and highway network to improve regional travel, trade and security.
In their 14th meeting on the plan in mid-2018, representatives of eight…
Nigeria Building World’s Largest Refinery
REUTERS
Photo by REUTERS
Aliko Dangote, Africa’s richest man, has arranged more than $4.5 billion in financing for his Nigerian oil refinery project and aims to start production in early 2020.
Dangote, who built his fortune in…
West Africa Works to Share Electricity
WORLD BANK
Photo by AFP/GETTY IMAGES
Fourteen West African countries with 27 national electricity utilities are working to build an integrated regional power market.
The West Africa Power Pool is completing the physical…