Market News

Nairobi — The direct flight between the Chinese city Guangzhou and Kenya's capital Nairobi launched by China Southern Airlines in August has elevated Sino-Kenya relations, airline officials say.   Linda Masinde, a supervisor at China Southern Airlines Nairobi office, said the Nairobi-Gu . . .

Africa and the Republic of Iran have centuries of friendship. They struggled for freedom, equity and justice for their people and beyond. The two have also shared rich culture and people to people relations for long. The Iranian foreign and economic policies always give special attention for the Afr . . .

Mbanza Congo — The governor of the northern Zaire province, José Joanes André, said on Tuesday in Mbanza Congo city that the province is open to welcome entrepreneurs who want to invest in various socio-economic areas in the region, aiming at contributing to its development. &nb . . .

The National Bank of Ethiopia (NBE) said that the existing partnership with African Export - Import Bank (Afreximbank) has proven to be a success in supporting projects in Ethiopia in excess of 100 million USD in facilities covering transactions in infrastructure and financial services sectors. &nb . . .

 The East African Business Council will commission a study in January to identify investment opportunities on the Northern Corridor. EABC acting executive director Lilian Awinja said this is part of the lobby group's effort to get the private sector to participate more in the Northern Corridor . . .