KENYA and France have reached a significant milestone in their bilateral relations with the finalization of an agreement aimed at upgrading the Nairobi Commuter Railway. The rail network, crucial for transportation in the Kenyan capital and its suburbs, is set…
ON Saturday, major retail shops in Zimbabwe began trading predominantly in United States dollars as financial institutions suspended the use of the outgoing Zimbabwean dollar (ZWL) in anticipation of the new Zimbabwe Gold (ZiG) currency introduced on Friday. At Westgate…
TENSIONS escalate in Togo as nine opposition politicians advocating against constitutional reforms, potentially extending President Faure Gnassingbe’s rule, have been arrested, a spokesperson for the opposition coalition revealed on Thursday. The arrests come amidst a mounting opposition campaign against proposed constitutional changes that…
IN a significant development, Uganda’s presidency announced on Friday that China has extended an invitation to Uganda’s energy minister to discuss the country’s ambitious $5bn crude oil pipeline project in Beijing. This move could mark a breakthrough for Uganda, which has been…
ETHIOPIA and the World Bank have inked loan agreements totalling $1.72bn aimed at bolstering crucial infrastructure projects amidst a backdrop of multifaceted challenges, the finance ministry announced on Friday. The agreements entail a substantial allocation of $523 million to amplify Ethiopia’s electricity…
A federal judge in Manhattan has spared 87-year-old Joe Lewis, the British billionaire whose family owns Tottenham Hotspur football club, from prison in an insider trading case. Instead, Lewis has been ordered to pay a $5 million fine and serve three years…
CANADIAN authorities revealed they prevented the export of almost 600 stolen vehicles overseas by inspecting 390 shipping containers at the Port of Montreal. Over 480 vehicles stolen from Ontario in the last three months were recovered at the port, along with…
BOTSWANA, Africa’s leading diamond producer, is pushing back against a recent Group of Seven (G7) mandate that requires all diamonds destined for G7 nations to be certified in Belgium. President Mokgweetsi Masisi denounced the measure as unjust during a diplomatic gathering in…
SENEGAL’S political landscape sees a significant shift as Prime Minister Ousmane Sonko announces the formation of a new government consisting of 25 ministers and five junior ministers, unveiled on Friday following President Bassirou Diomaye Faye’s resounding victory in March’s elections.…
AMERICAN firms are encountering significant hurdles in securing business opportunities and contracts in Kenya due to demands for bribes from top government officials, according to a recent report released by the US trade office. The report underscores concerns that corruption…
