Business

Adani Energy Solutions says no material impact from Kenya energy deal cancellation

Nov 23 (Reuters) - Adani Energy Solutions (ADAI.NS), opens new tab said on Saturday that Kenya's cancellation of a $736 million transmission line project did not...

Ethiopia bans imports of gas-powered private vehicles, but switch to electric is bumpy ride

ADDIS ABABA —  As the price of fuel soared in Ethiopia earlier this year, Awgachew Seleshi decided to buy an electric car. That aligned with...

Tanzania-Uganda oil project faces financing hurdles

The controversial joint oil project between Tanzania, Uganda, and external stakeholders, the East African Crude Oil Pipeline (EACOP), seem to be facing some financing...

Huawei Cloud Sees Fast Business Growth in South Africa

JOHANNESBURG (Reuters) - Huawei Cloud's business in South Africa has grown fast over the past five years and it plans to launch more cloud...

Ethiopia begins selling stakes in state-owned company

Ethiopia’s state-owned telecommunications company has started selling shares to the public, in a move aimed at establishing a new national stock market and giving...

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