Chinese private investment in Uganda is growing while Westerners are losing appetite to put money to work in the country, President Yoweri Museveni told Reuters, pledging to step up efforts to tackle corruption that have made slow progress.
Uganda said on Sunday it had launched a road-building project in neighbouring Democratic Republic of Congo aimed at boosting trade between the two countries.
Private and sovereign creditors should accelerate work on debt restructuring efforts for countries like Chad, Zambia and Ethiopia or risk discouraging countries that need help from participating, International Monetary Fund chief Kristalina Georgieva told the Reuters Next conference on Friday.
At least 20 people drowned on Saturday when a bus carrying a group of religious faithful was swept away by flood waters as the driver tried to cross a river in the eastern Kenyan county of Kitui, the county governor said.
Canada has discovered a total of 11 cases of the new Omicron variant of COVID-19 and severe illness trends across the country could start to rise again, chief public health officer Theresa Tam told reporters on Friday.