Renson Mwakandana IMF Managing Director Kristalina Georgieva is participating in a roundtable discussion on funding for climate change today in Kigali, Rwanda, with East African finance ministers and central bank governors. Ms. Georgieva flew into Kigali from Zambia 🇿🇲 on Tuesday. Her trip to Rwanda coincides with her board’s approval of $319 million in concessional […]
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Renson Mwakandana US Ambassador Linda Thomas-Greenfield, the highest American representative to the UN, is scheduled to visit Kenya on Wednesday. The UN country team is anticipated to update Ms. Thomas-Greenfield on humanitarian programs, including the regional drought response and support for refugees. She will also meet with refugees who are waiting to be resettled in the United States […]
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Renson Mwakandana Five people were murdered when extremists with ties to al-Qaida assaulted a regional government office in the capital of Somalia on Sunday, according to the administration. Abdulkadir Adan, the founder of an organization that provides free ambulance services in Somalia, notes that his crew evacuated 16 injured persons from the area. The terrorist organization al-Shabab took […]
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Renson Mwakandana As Ethiopia struggles with high inflation rates, the head of Ethiopia’s central bank has been removed. The year 2018 saw the appointment of Yinager Dessie as governor of the National Bank of Ethiopia (NBE), shortly after Prime Minister Abiy Ahmed took office. Mamo Mihretu, who once advised the PM on economic matters and […]
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Renson Mwakandana By November 2022, Tanzania’s diamond exports reached $63.1 million (Sh147.46 billion), according to data from the Bank of Tanzania. This is a sevenfold increase over the $8.4 million (Sh19.63 billion) export value that was reported for the year ending in November of the previous year. The nation’s diamond producer Williamson Mines, which is temporarily […]
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Renson Mwakandana An important coastal town in Somalia that had been controlled by al-Shabab militants for more than ten years has now been taken by the military. The capture of Haradhere, located in the center of Galmudug state, was hailed as a historic achievement by Prime Minister Hamza Abdi Barre. He said that the nation’s enemies […]
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Renson Mwakandana The bombing of a Pentecostal church in Kasindi, in the country’s east, has been attributed by the Democratic Republic of the Congo’s government to rebels associated with the Islamic State organization. According to authorities, when churchgoers attended Sunday services, 17 people were murdered and 39 others were injured.The Allied Democratic Forces(ADF) were accused of attacking by […]
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Renson Mwakandana The contract between the Ugandan government and China Harbour Engineering Company (CHEC) to construct the nation’s first phase of standard gauge railway (SGR), a 273km line from Malaba to Kampala, has been cancelled after eight years of non-execution. The line between Uganda and Kenya, commencing at the Malaba border post, was estimated to […]
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Renson Mwakandana According to the ceasefire deal struck in South Africa in November, the rebel Tigrayan troops in northern Ethiopia have turned over their heavy weaponry. A monitoring and verification team from the African Union validated the transfer, according to Getachew Reda’s tweet. The action, together with the restoration of services in the area where […]
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Renson Mwakandana Tanzania has revised the tariff rules mandating ride-hailing companies to reduce their fees, giving Uber and Bolt a breather after they threatened to leave the market because of the harsh regulatory climate. According to the Land Transport Regulatory Authority (Latra), which determines and authorizes ride-hailing operators’ prices, the businesses are now permitted to charge […]
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