AFRICAN NATIONS LEAD IN DEBT TO CHINA

AFRICAN NATIONS LEAD IN DEBT TO CHINA

Faith Nyasuguta  China’s economic influence has expanded significantly over the past few decades, with numerous countries around the world accumulating substantial debt to the Asian giant. Among these, African nations stand out, with five of the top 20 most indebted countries to China located on the continent. This indicates the continent’s heavy reliance on Chinese […]

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 WORLD’S TOP 10 NATIONS MOST IN DEBT TO THE IMF

WORLD’S TOP 10 NATIONS MOST IN DEBT TO THE IMF

Faith Nyasuguta The International Monetary Fund (IMF) is a global organization that provides financial assistance and economic advice to countries facing economic difficulties. This support often comes with significant debt obligations.  Almost 100 countries owe money to the IMF, with the grand total of all these debts amounting to $111 billion. The top 10 most […]

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 KENYA RESTRICTS RAW GOLD EXPORTS TO BOOST REVENUE, JOBS, AND INDUSTRY GROWTH

KENYA RESTRICTS RAW GOLD EXPORTS TO BOOST REVENUE, JOBS, AND INDUSTRY GROWTH

Faith  Nyasuguta  Kenya has announced a major transition in its mineral export policy, joining a growing number of African nations that are restricting the export of raw minerals. This move, aimed at boosting local value addition and increasing government revenues, marks a turning point in how African countries manage their vast natural resources.  By building […]

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 EASTERN GIANTS UNITE: RUSSIA, CHINA ENHANCE DEFENCE COOPERATION IN BEIJING

EASTERN GIANTS UNITE: RUSSIA, CHINA ENHANCE DEFENCE COOPERATION IN BEIJING

Faith Nyasuguta Russia and China have made a significant move to bolster their defence relationship during recent high-level talks in Beijing, marking a pivotal moment in their increasingly strategic partnership. The discussions, held between Russian Defence Minister Sergey Shoigu and his Chinese counterpart Li Shangfu, spotlighted a mutual commitment to deeper military cooperation amidst growing […]

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