Faith Nyasuguta A report by the UK-based Debt Justice released this week shows that African governments owe three times as much debt to private creditors in the West as they do to China. Using data from the World Bank and International Monetary Fund (IMF), Debt Justice estimates that 35 percent of the continent’s external debt […]
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Faith Nyasuguta An Ethiopian university student who carried firewood during his graduation in honour of his hardworking mother’s painful sacrifice to help him attain higher-education has been lauded globally. The good gesture has also landed the lad a job offer to enable him support his family. Images of Ephrem Belete, a graduate of computer science […]
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Faith Nyasuguta On Monday, a Jubba Airways passenger plane crash-landed at Somalia’s Aden Abdulle International Airport. The plane on a domestic flight from Baidoa town, 240km southwest of Mogadishu, was landing on the seafront runway when it slid and caught fire. All 36 persons on board, passengers and crew, survived, with three sustaining minor injuries. […]
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Faith Nyasuguta Uganda state officials have been racking up air miles between Entebbe, Italy and the US to strike a financing deal for the $4 billion refinery project. The government officials admit that the refinery project has fallen behind others, and will likely come onstream later in 2027 at the earliest if the necessary financing […]
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Faith Nyasuguta In a lawsuit filed on Tuesday, lawyers for Twitter accused Elon Musk of “refusing to honor his obligations.” The suit was filed in Chancery Court in Delaware, where Twitter is incorporated. At issue in the lawsuit is Musk’s attempt last week to “terminate” the merger agreement he signed in April, noting that he […]
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Faith Nyasuguta Have you visited Kenya before? If not, a visit to Kenya is not complete without tasting the roadside delights of nyama choma – or grilled meat. With this information, you can now chew it in the knowledge that the lexicographers in Oxford have put it in their world-famous English dictionary. It’s among the […]
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Faith Nyasuguta According to IMF Managing Director Kristalina Georgieva, inflation is currently higher than projected. It has gone beyond food and energy prices, pushing major central banks into announcing further monetary tightening. Currently, shooting food and energy prices are hitting many African countries particularly hard, and they could need more grants and highly concessional financing. […]
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Faith Nyasuguta Police in South Africa have launched a manhunt for suspects said to have stolen a boxing belt donated to Nelson Mandela by US champion Sugar Ray Leonard. The world champion belt, valued at about $3,000, had been on display at the Mandela House museum in Soweto. According to police spokesperson Col Dimakatso Sello, […]
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Faith Nyasuguta The United Nations has said 20 people have been killed and dozens more abducted in a series of attacks in eastern Democratic Republic of Congo. The deceased include children and about four patients who were burnt alive at a church clinic in North Kivu province. The attack is blamed on fighters from the […]
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Faith Nyasuguta The Democratic Republic of Congo (DRC) is now a bona fide member of the East African Community (EAC) after they deposited instruments of ratification on the accession of the EAC Treaty with the bloc’s secretariat. During a function held at the EAC headquarters in Arusha, Tanzania, on Monday, the DR Congo delegation spearheaded […]
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