Faith Nyasuguta Kenya has become a key transit point in a vast network of illegal gold smuggling across Africa, with much of the gold passing through its borders originating from conflict-affected countries such as South Sudan, the Democratic Republic of Congo (DRC), and parts of Ethiopia and Sudan. A new report by SwissAid, a Swiss-based […]
Read More
Faith Nyasuguta The Democratic Republic of Congo (DRC) has secured a massive $1 billion pledge from the World Bank to breathe life into one of the world’s most ambitious energy projects- the Grand Inga hydropower complex. Once complete, it could become the largest hydropower facility on the planet. Of the total pledged amount, $250 million […]
Read More
Faith Nyasuguta American billionaire and philanthropist Bill Gates has pledged to direct the vast majority of his estimated $200 billion fortune toward transforming health and education systems across Africa over the next two decades. Speaking at the African Union (AU) headquarters in Addis Ababa, Ethiopia, Gates emphasized the importance of unlocking human potential through better […]
Read More
Faith Nyasuguta Just one day after taking the oath of office, Sudan’s new Prime Minister Kamil Idris has dissolved the country’s transitional government, sending ripples across a war-torn nation desperate for stability. The announcement, delivered by Sudan’s state news agency SUNA late Sunday, marks a dramatic start for the first civilian leader since a military […]
Read More
Faith Nyasuguta Japan is ramping up efforts to expand its footprint in Africa, transitioning from a long-standing role as a donor to a more aggressive investor. The shift is part of Tokyo’s broader strategy to deepen trade ties and reduce China’s massive influence on the continent. Takehiko Matsuo, vice-minister for International Affairs at Japan’s Ministry […]
Read More
Faith Nyasuguta The United States is edging closer to signing a migration deal with Rwanda that could see asylum seekers and migrants rejected at the U.S. border relocated to the East African nation. This move comes as part of President Donald Trump’s broader crackdown on illegal immigration, which includes offshoring deportees to partner countries. If […]
Read More
Faith Nyasuguta Facing steep U.S. tariffs, Madagascar is seeking increased investment from the United Arab Emirates (UAE) to bolster its tourism and energy sectors. The U.S., Madagascar’s third-largest trading partner, imposed a 10% universal tariff in April 2025, down from an initially threatened 47%, prompting Madagascar to diversify its economic partnerships. Trade Minister David Ralambofiringa […]
Read More
Faith Nyasuguta Uganda’s Parliament has approved a €500 million ($568 million) loan package to finance critical infrastructure projects, despite mounting concerns over the country’s escalating public debt. The loan will be sourced from three regional lenders: €270 million from the African Export-Import Bank (Afreximbank), and €230 million jointly from Ecobank Uganda and the Development Bank […]
Read More
Faith Nyasuguta Devastating floods in Mokwa, a town in Nigeria’s north-central Niger State, have claimed over 200 lives, with at least 500 people still missing, according to local officials. The deluge, triggered by relentless rainfall, swept through Tiffin Maza and Anguwan Hausawa, leaving behind a trail of destruction and despair in what is being called […]
Read More
Faith Nyasuguta South Africa’s economy is facing a storm. In just the first four months of 2025, a staggering 482 businesses have shut down, according to new data from Statistics South Africa (Stats SA). In April alone, 109 businesses were liquidated – a clear sign that the nation’s business climate is deteriorating under both internal […]
Read More
Recent Comments