GLOBAL POPULATION SURPASSES 8 BILLION MARK

GLOBAL POPULATION SURPASSES 8 BILLION MARK

Faith Nyasuguta The global population has surpassed 8 billion, as revealed by the U.S. Census Bureau, with increased lifespans offsetting declining birth rates. Still, the world population growth continues a long-term trend of slowing down. The bureau notes the milestone was likely reached on September 26, although the exact date may vary due to disparities […]

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 AFREXIMBANK ANNOUNCES $1-BILLION AFRICAN FILM FUND

AFREXIMBANK ANNOUNCES $1-BILLION AFRICAN FILM FUND

Faith Nyasuguta The African Export-Import Bank (Afreximbank) is working on the establishment of a $1-billion African Film Fund to be launched in 2024 to support the continent’s film industry, Kanayo Awani, Executive Vice President, Intra-African Trade Bank, at Afreximbank, has announced . Addressing the opening of the 2023 CANEX Summit held as part of the […]

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 SOMALIA LIKELY TO JOIN EAC THIS NOVEMBER

SOMALIA LIKELY TO JOIN EAC THIS NOVEMBER

Faith Nyasuguta Peter Mathuki, Secretary-General of the East African Community (EAC), anticipates Somalia’s potential admission to the bloc this month.  The Ordinary Heads of State Summit on November 23-24 in Arusha is expected to see regional presidents endorsing Somalia’s accession. During a panel discussion at the Africa Investment Forum in Marrakech, Morocco, on November 9, […]

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 MALEMA SLAMS KENYAN PRESIDENT RUTO FOR ‘UNFULFILLED CAMPAIGN PROMISES’

MALEMA SLAMS KENYAN PRESIDENT RUTO FOR ‘UNFULFILLED CAMPAIGN PROMISES’

Faith Nyasuguta South African opposition leader Julius Malema has criticized Kenya’s President William Ruto, accusing him of falling short on the commitments he made to the Kenyan people during his election campaign.  Malema emphasized that the Kenyan president’s actions no longer align with the promises he advocated while urging Kenyans to place their trust in […]

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 ANALYSIS REVEALS ESCALATING PLASTIC WASTE CRISIS IN AFRICA

ANALYSIS REVEALS ESCALATING PLASTIC WASTE CRISIS IN AFRICA

Faith Nyasuguta  Plastic waste is escalating uncontrollably in Africa, surpassing growth rates in any other region, reveals recent analysis. Presently, sub-Saharan Africa witnesses the open dumping or burning of plastic waste equivalent to covering a football pitch every minute, as reported by the charity Tearfund. Should this trajectory persist unchecked, the region is estimated to […]

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 SOUTH SUDAN TO ASSUME EAC CHAIRMANSHIP 

SOUTH SUDAN TO ASSUME EAC CHAIRMANSHIP 

Faith Nyasuguta South Sudan’s President Salva Kiir Mayardit is poised to assume the chairmanship of the East African Community (EAC) Heads of State summit, succeeding Burundi’s President Evariste Ndayishimiye, whose one-year term concluded earlier this year.  The upcoming EAC summit in Arusha, Tanzania, on November 23-24 will mark the transition, with discussions expected to cover […]

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 BURKINA FASO, RUSSIA EXPLORE MILITARY COLLABORATION 

BURKINA FASO, RUSSIA EXPLORE MILITARY COLLABORATION 

Faith Nyasuguta On Tuesday, Russian Defence Minister Sergei Shoigu and his counterpart from Burkina Faso Kassoum Coulibaly  met and agreed to enhance military alliances, Moscow disclosed. The military leaders in Burkina Faso have strengthened their ties with Moscow, seeking to broaden their international partnerships in the wake of a coup last year. In recent months, […]

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 CHINA NAMED ‘WORLD’S LARGEST DEBT COLLECTOR’ AMID GROWING DEBT CRISIS 

CHINA NAMED ‘WORLD’S LARGEST DEBT COLLECTOR’ AMID GROWING DEBT CRISIS 

Faith Nyasuguta  China has taken center stage as the world’s largest debt collector, with developing countries owing an estimated $1.1 trillion to $1.5 trillion, according to a recent report.  A significant 80% of China’s overseas lending is now dedicated to supporting nations grappling with financial distress, highlighting the dual roles Beijing plays in international finance. […]

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