Weekly Economic Index, Nigeria’s coastal railway, The Nescafe Plan in Kenya.

Weekly Economic Index, Nigeria’s coastal railway, The Nescafe Plan in Kenya. VA: MID-WEEK UPDATE [Facebook]( [Twitter]( [LinkedIn]( mailto:your@email.com [Email](mailto:your@email.com) Chronicles from Lesotho Photo By: @miorarajaonary Business Weekly Economic Index: MTN Nigeria was one of the top 5 gainers on the Nigerian Stock Exchange last week. This is the Ventures Africa Weekly Economic Index, for the [week ending May 24th 2019](. This economic index gives you a glimpse into recent activities in Nigeria’s economy as well as changes and prices that could affect the economy. Here’s how Algeria became the second African country to attain a ‘malaria-free’ status. Over the years, the country has worked hard to eradicate the disease within its borders [ensuring that everyone]( gets the health service needed to prevent, detect and cure the disease. This can be attributed to a devoted government, inclusive health policies and a well-trained health workforce. Sudan protesters resort to strike action to mount pressure on the military council. Since President Omar al-Bashir’s ouster last month by army generals, the military [has been unable to reach]( an agreement with the leaders of the protest movement on who should lead a new governing body.With negotiations at a dead end, Sudan’s protesters are on a two-day general strike slated for Tuesday and Wednesday. Kigali moves up the ranking for the most popular destinations for International conferences and events. Kigali has made hosting meetings and events a key source of investments. In 2018, Rwanda earned $56 million [from hosting conferences]( and meetings in the capital Kigali. And at the Africa CEO Forum hosted by Kigali earlier this year, it was revealed that the country is projected to earn $88 million in 2019 from the hosting of events and international conferences. Nigeria is set to commence the initial phase of its coastal railway project. The Nigerian government has approved the request from the Ministry of Transportation to source $2.3 billion loans to execute the [Lagos-Calabar coastal railway]( project, which is expected to cut across most states in the South East and South South. Coffee by women – Nestle is renewing its Nescafe Plan with a more inclusive target in Kenya. Nestle has renewed its Nescafe Plan in Kenya, this time with a focus on women. The multinational food and drink giant [is going to spend Sh23million]( $227,000) to empower coffee growing households in the Western and Central regions of Kenya. Germany joins the UK in suspending refugee aid to Uganda. Last year, a whistleblower within the Ugandan government notified donors that large sums had been [withdrawn from the account]( where the aid money received from donors was deposited. In response, the United Nations (UN) launched a probe into Uganda’s refugee programme through which it discovered corruption in the scheme. Social Media – Instagram Cartooning is preaching - [View here]( The Aristo Kiss by Muyiwa Akinwolere - [View here]( Akinwunmi Ambode officially hands over to Babajide Sanwoolu - [View here]( We’d love to hear your thoughts and comments. Please drop us a note at hello@ventures-africa.com. We’re active on [Facebook]( and [Twitter]( as well throughout the day with more stories. Like us on [Facebook]( and follow us on [Twitter](. For advertising opportunities please contact: Business Unit [manager@ventures-africa.com](mailto:inyang@ventures-africa.com) Tel: +234-909-328-4213, +234-909-328-4214 [Share]( [Tweet]( [Forward]( [+1]( This email was sent to {EMAIL} [why did I get this?]( [unsubscribe from this list]( [update subscription preferences]( Ventures Africa · 1 Rima street · Maitama, Abuja 100211 · Nigeria