Central Bank of Kenya Archives

Angola seeks AfDB loan as oil supports growth amid debt pressure

Angola seeks AfDB support as oil cushions impact of global shocks

Angola is seeking fresh support from the African Development Bank as it works to steady its finances in a volatile global environment, even as stronger oil prices offer some relief. The government is in talks for a $165 million budget support loan, part of a wider plan to raise about $1 billion from external sources this year. Officials say the…

Oluwatosin Alao April 17, 2026

Business Tourism

easyJet opens first African base in Marrakech, launches six new routes

easyJet opens its first African base in Marrakech, adds six new routes and expands Morocco network as tourism demand from Europe continues to grow.

Timilehin Adejumobi April 17, 2026

The Capital Boardwalk aparthotel by Capital Hotels in Gqeberha.

Hot News Luxury

Capital Hotels opens $17 million Boardwalk aparthotel in Gqeberha

Capital Hotels has opened The Capital Boardwalk in Gqeberha, a $17 million aparthotel with 145 rooms in Nelson Mandela Bay.

Omokolade Ajayi April 17, 2026

Mpumi Madisa, Chief Executive Officer of Bidvest Group.

Business Exclusive Hot News

Mpumi Madisa: Gauteng-born executive behind $4.9 billion South African giant, Bidvest Group

Gauteng-born Mpumi Madisa leads Bidvest Group, a $4.9 billion South African conglomerate, overseeing growth, expansion and steady financial performance.

Omokolade Ajayi April 17, 2026