Faith Nyasuguta The Central African Republic has adopted bitcoin as its official currency alongside the CFA franc. The country has also legalised usage of cryptocurrencies, the presidency announced on Wednesday. Parliament voted “unanimously” and considered the law “governing cryptocurrency in the Central African Republic” and President Faustin Archange Touadéra promulgated it. The Minister of State […]
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Faith Nyasuguta Over 10 million children are among those facing severe drought in the Horn of Africa. Following this, the UN’s children’s body, Unicef, estimates that this figure is three million higher than it was in February. In their view, unless more money comes in and rain falls, the region could face “an avalanche of […]
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Faith Nyasuguta He roamed the grassland savannah of the Maasai Mara National Reserve, securing his territory and his Moniko, Fig Tree and Porini prides. Unfortunately, the task came to a halt on Monday, when the iconic lion, nicknamed King Olope, was killed by a pride in a territorial fight. It was reported that the lion […]
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Faith Nyasuguta Africa’s reliance on imports for food, oil and financial support could be in for tougher times as Russia’s invasion of Ukraine further harms supply channels. A UN experts’ briefing indicates that east and west Africa nations are heavily exposed to the increasing food prices after main global exporters Russia and Ukraine went to […]
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Faith Nyasuguta The board of social media giant Twitter has agreed to a $44bn takeover offer from the billionaire Elon Musk. Mr Musk, who made the shock bid less than two weeks ago, noted that Twitter had “tremendous potential” that he would unlock. He went ahead to call for a series of changes from relaxing […]
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Faith Nyasuguta A Japanese woman certified as the world’s oldest person has died at the age of 119, local officials have reported. Kane Tanaka was born in January 2, 1903, in the southwestern Fukuoka region of Japan, the same year the Wright brothers flew for the first time and Marie Curie became the first woman […]
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Faith Nyasuguta Kenya’s corporate sector is mourning the loss of former President Mwai Kibaki who breathed his last on Friday aged 90. According to companies and private sector businesses, the Makerere University-trained economist was the ‘father’ of modern Kenya who laid the foundation for macroeconomic (inflation, interest rates and exchange rate) stability and economic prosperity […]
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Faith Nyasuguta On Sunday, French President Emmanuel Macron cruised to a second term, beating back a stronger-than-expected challenge from a far-right populist who has attacked the European Union and NATO and expressed support for Russia. “I am no longer the candidate of one side, but instead the president for all,” Macron told cheering supporters who […]
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Faith Nyasuguta Kenya’s former President Mwai Kibaki has died today (Friday) at 90 years. The announcement was made on Friday morning by President Uhuru Kenyatta. “It is a sad day for us as a country. We have lost a great leader, the former president Mwai Kibaki,” President Kenyatta said in a news conference from State House. “I order […]
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Faith Nyasuguta If you take bread, as most people do, then you must have noticed that the price of the beloved staple has dramatically shot overtime. In Nigeria for instance, the price of bread jumped by 42% between 2017 and quarter one of 2022, according to data made available by the country’s National Bureau of […]
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