U.S. and Kenya Get Cozy
The U.S. and Kenya will announce negotiations
on a bilateral free-trade agreement next week. If completed, it could be the first such deal between the world’s biggest economy and a sub-Saharan African nation, and a model for the region.
Rwanda Stays Winning
Economic growth in Rwanda could accelerate to more than 10% t
his year if construction of a planned $1.3 billion airport starts, according to the World Bank, which increased its estimate for 2019 expansion for a second time.
Speaking of East Africa
The worst locust plague
in more than half a century is threatening East Africa. Swarms of the insects are already devouring crops in Kenya, Ethiopia and Somalia, and they’re multiplying in Djibouti, Eritrea and Sudan. The United Nations warns new breeding risks spreading the devastation and is an “unprecedented threat to food security and livelihoods in the Horn of Africa.”
Tech In Africa
Pan African Bank Ecobank launches Sandbox that will allow financial -tech companies and partners to access its APIs for the development of innovative solutions for the 33 African countries where it operates.
Google Launches First Developer Space in Africa. Open in Lagos, Nigeria, the space is the fulfillment of a 2017 promise made by Google’s CEO Sundar Pichai. The space will host Google’s Launchpad Accelerator Africa programme as well as developer meet-ups, trainings and other activities.