Loading
Elefund Capital
  • About
  • Our Team
  • News
  • Contact
  • Search
  • Menu
  • LATEST NEWS

News

  • Ethiopia: PM Abiy Inaugurates New Terminal At Bahir Dar Int'l Airport
    on August 6, 2026 at 5:13 pm

    [ENA] Addis Ababa -- Prime Minister Abiy Ahmed has inaugurated a new terminal at Bahir Dar Dejazmach Belay Zeleke International Airport, marking a pivotal milestone for one of Ethiopia's primary aviation gateways.

  • Nigeria: FG Approves Financing Framework to Accelerate Electrification of Health Facilities
    on August 6, 2026 at 5:11 pm

    [This Day] The Federal Government has approved an institutional reform and financing framework to accelerate the electrification of health facilities nationwide, in a move officials say will bring reliable, 24-hour power to hospitals long hampered by erratic electricity supply.

  • Kenya: Stanbic H1 Net Profit Rises to Sh6.6bn On Strong Lending Growth
    on August 6, 2026 at 5:06 pm

    [Capital FM] Nairobi -- Stanbic Holdings posted a net profit of Sh6.6 billion for the six months ended June 30, driven by growth in lending and customer deposits despite a dynamic operating environment.

  • Nigeria: High Taxation, Insecurity, High Interest Rates Top Constraints Facing Nigerian Businesses - Survey
    on August 6, 2026 at 5:04 pm

    [Premium Times] Despite these constraints, the Business Confidence Index (BCI) remained positive in July, reflecting sustained optimism across all review horizons.

  • Nigeria: Banks Increase Credit Supply As Loan Defaults Decline in Q2 - CBN
    on August 6, 2026 at 5:03 pm

    [Premium Times] The demand for corporate and secured loans increased during the period.

  • Zimbabwe: Air Zimbabwe Restores Harare-London Flight Schedule As Fares Increase
    on August 6, 2026 at 4:40 pm

    [New Zimbabwe] Air Zimbabwe says normal operations have resumed on its Harare-London route following a series of disruptions that forced the national carrier to cancel and reschedule flights over the past week.

  • Rwanda: Uganda Airlines Launches Accra, Kigali Routes to Expand African Network
    on August 6, 2026 at 2:27 pm

    [Nile Post] Uganda Airlines has expanded its African network with the launch of scheduled flights to Accra, Ghana, and Kigali, Rwanda, in a move aimed at strengthening regional connectivity, boosting trade and tourism, and positioning Entebbe International Airport as a regional aviation hub.

  • Kenya: Ruto Orders End to 'Watchman' and 'Guard' Titles
    on August 6, 2026 at 2:10 pm

    [Capital FM] Nairobi -- President William Ruto has directed all government agencies to stop referring to private security personnel as "watchmen" or "guards," saying the titles undermine the dignity and professionalism of the industry.

  • Tanzania: Textile Investment Helps Tanzania Close Its Manufacturing Gap
    on August 6, 2026 at 12:22 pm

    [Bird Story Agency] Tanzania produces more cotton than its textile industry can process, exporting most of its lint while garment factories and fashion designers import fabric. New investment could help close this industrial gap, creating manufacturing jobs and retaining more value at home.

  • Nigeria: Naae Rejects Proposed TSC Review, Warns Against Weakening NCAA Funding
    on August 6, 2026 at 11:58 am

    [Vanguard] The Nigeria Civil Aviation Authority (NCAA) chapter of the National Association of Air Traffic Engineers (NAAE) has rejected a recent position by the association's national leadership on the proposed review of the Ticket Sales Charge (TSC) sharing formula, warning that any reduction in the regulator's allocation could undermine aviation safety oversight in Nigeria.

  • South Africa: Companies Engage 'Top Talent' At UCT Job Expo
    on August 6, 2026 at 11:56 am

    [UCT] The University of Cape Town's (UCT) Sports Centre was abuzz with activity as students and potential employers gathered for the annual Epic Job Expo on 4 August.

  • Nigeria: N600m Needed to Restore Vandalised Electricity in Abaji - Council Chairman
    on August 6, 2026 at 11:55 am

    [Daily Trust] The Chairman of Abaji Area Council, Hon. Abubakar Umar Abdullahi, says about N600 million is required to restore electricity following the vandalism of power infrastructure in the area.

  • Kenya: Ruto Orders Crackdown On Security Firms Ignoring 15 Percent Wage Increase
    on August 6, 2026 at 11:28 am

    [Capital FM] Nairobi -- President William Ruto has called for stricter enforcement of labour laws against private security companies that have failed to implement the government's 15 percent minimum wage increase.

  • Tanzania: Cotton Board Targets Fivefold Yield Increase
    on August 6, 2026 at 11:23 am

    [Daily News] Mwanza -- THE Tanzania Cotton Board (TCB) is targeting a fivefold increase in cotton yields through improved farming technologies and fertiliser use, aiming to raise average production from 200 kilogrammes to 1,000 kilogrammes per acre.

  • Nigeria: EFCC Can Freeze Accounts for 72 HRs Without Court Order - Spokesman
    on August 6, 2026 at 11:00 am

    [Vanguard] The Economic and Financial Crimes Commission (EFCC) has insisted that its temporary restriction on an Osun State Government bank account was lawful and backed by provisions of the EFCC Act and the Money Laundering (Prohibition) Act.

  • Nigeria: Tinubu Will Deliver Lagos-Calabar Coastal Highway - Umahi
    on August 6, 2026 at 10:57 am

    [Vanguard] The Minister of Works, Engr David Umahi, says President Bola Tinubu will deliver the 700-kilometer Lagos-Calabar Coastal Highway as scheduled.

  • Tanzania: Financial Illiteracy Undermines Mining Compensation Benefits
    on August 6, 2026 at 10:36 am

    [Daily News] Dar es Salaam -- FOR many families living in Tanzania's rural communities, the announcement of a new mining project often brings hope of a brighter future.

  • Liberia: LEC Boss, Finance Minister Face Contempt Threat
    by editor@liberianobserver.com (Liberian Observer) on August 6, 2026 at 10:27 am

    [Liberian Observer] The Liberia Electricity Corporation (LEC) and the Government of Liberia are facing a major legal showdown with the judiciary as the Debt Court considers contempt proceedings that could expose LEC Managing Director Mohammed Sheriff and Minister of Finance and Development Planning Augustine Kpehe Ngafuan to fines, arrest, and possible imprisonment over the failure to satisfy a US$415,327.08 court judgment.

  • Tanzania: EACOP Injects 2.8bn/ - Into Health Projects in Tanga, Geita
    on August 6, 2026 at 9:26 am

    [Daily News] Dar es Salaam -- THE East African Crude Oil Pipeline (EACOP) has committed more than 2.8bn/- (1.06 million US dollars) to construct two health centres and expand emergency healthcare services in Tanga and Geita regions, a move expected to improve access to quality medical care for thousands of residents.

  • Nigeria: Navy Recovers 85,000 Litres of Stolen Crude Products in Niger Delta
    on August 6, 2026 at 9:22 am

    [Vanguard] The Nigerian Navy, in furtherance of its offensive against crude oil theft, has successfully deactivated 2 illegal refining sites while maintaining pressure by dismantling a reactivated illegal refining network in the Niger Delta.

  • Tanzania: 'Strengthen Crossborder Energy Infrastructure to Drive AfCFTA'
    on August 6, 2026 at 9:19 am

    [Daily News] Dar es Salaam -- TANZANIA has called on African countries to strengthen cross-border energy infrastructure and accelerate implementation of the African Continental Free Trade Area (AfCFTA).

  • Kenya: Over Half of State Contractors Remain Hidden - PPRA
    on August 6, 2026 at 8:31 am

    [Capital FM] Nairobi -- Businesses awarded more than half of government contracts during the 2024/25 financial year failed to disclose their beneficial ownership information, exposing persistent transparency gaps in Kenya's public procurement system.

  • Africa: Why Africa's Textile Story Is Bigger Than the Numbers Suggest
    on August 6, 2026 at 8:13 am

    [Bird Story Agency] Africa is beginning to reverse an age-old equation: exporting raw cotton and importing the value created from it. The challenge is to close the ''missing middle'', connect regional manufacturing strengths and scale a competitive industry that keeps jobs, skills and value on the continent.

  • Tanzania: Tanzania Woos Investors With Reforms
    on August 6, 2026 at 7:41 am

    [Daily News] Dar es Salaam -- TANZANIA yesterday showcased investment opportunities to local and international investors, highlighting reforms that allow investment approvals within 24 hours and provide access to strategic sectors, including energy, manufacturing, tourism and logistics.

  • Africa: All of Africa Today - August 6, 2026
    by info@allafrica.com (allAfrica) on August 6, 2026 at 7:27 am

    [allAfrica]

  • Kenya: Court Dismisses Sh185.5mn Grand Regency Refund Claim Against CBK
    on August 6, 2026 at 7:06 am

    [Capital FM] Nairobi -- The Court of Appeal has dismissed a Sh185.5 million refund claim against the Central Bank of Kenya (CBK) by a defunct Malaysian company over the aborted sale of the Grand Regency Hotel, ending a civil dispute that has lasted nearly three decades.

  • Southern Africa: Malawi and South Africa Sign Customs Deal to Crack Down On Trade Fraud Worth Billions
    on August 6, 2026 at 7:04 am

    [Nyasa Times] Malawi and South Africa have signed a new agreement designed to clamp down on customs fraud by allowing tax authorities in both countries to swap information electronically for the first time.

  • Nigeria: In 3 Years, Tinubu's Economic Reforms Driving Strong Corporate Changes - Presidency
    on August 6, 2026 at 5:36 am

    [This Day] · Lists feats to include unified forex market, removal of fuel subsidy, more stable macroeconomic environment, banking sector recapitalisation

  • Mozambique: Mozambique's Energy Potential Crucial for Attracting New Investments
    on August 6, 2026 at 5:33 am

    [AIM] Maputo -- The Mozambican Finance Minister, Carla Louveira, believes that the country's energy potential is crucial for attracting new investments.

  • Rwanda: Rwanda to Host 12th East African Petroleum Conference and Exhibition in 2027
    on August 6, 2026 at 5:28 am

    [New Times] Rwanda will host the 12th East African Petroleum Conference and Exhibition (EAPCE'27), a key regional platform for promoting investment, partnerships and innovation in the petroleum sector, the Rwanda Mines, Petroleum and Gas Board (RMB) has announced.

African Infrastructure – Industry News

  • Africa Opts for Transport Projects To Grow TradeFebruary 6, 2018 - 12:00 pm
  • African Economic Outlook 2018 Unveiled At AU Summit in Addis AbabaJanuary 31, 2018 - 12:00 pm
  • AfDB Calls for Investment in Infrastructure To Drive Inclusive Growth in AfricaJanuary 27, 2018 - 12:00 pm
  • Africa Needs $130BN for Infrastructure Development Annually – AFDBJanuary 18, 2018 - 12:00 pm
  • Business Aviation Taking Off in Asia, But Infrastructure May Stymie GrowthJanuary 6, 2018 - 12:00 pm
View all
 Back to top

Branding and Design: NextPhase Strategy Marketing Inc.

Scroll to top