U.A.E-BACKED FIRM SECURES CONTRACT FOR UGANDA’S FIRST 60,000 BPD REFINERY

U.A.E-BACKED FIRM SECURES CONTRACT FOR UGANDA’S FIRST 60,000 BPD REFINERY

Faith Nyasuguta  Uganda has taken a major step toward energy independence with the awarding of a contract to build its first crude oil refinery. A UAE-backed company, Alpha MBM Investments, has secured a 60% stake in the 60,000-barrel-per-day (BPD) facility, while Uganda’s state-run National Oil Company will retain the remaining 40%. The refinery, located in […]

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 U.S AID CUTS COULD COST A MILLION CHILDREN’S LIVES, CHARITY GAVI WARNS

U.S AID CUTS COULD COST A MILLION CHILDREN’S LIVES, CHARITY GAVI WARNS

Faith Nyasuguta  A global health organization, Gavi,  has sounded the alarm, warning that one million children could die from preventable diseases if the United States follows through on plans to cut funding. Dr. Sania Nishtar, head of Gavi, the vaccine alliance that provides critical immunizations to developing countries, said that losing U.S. financial support would […]

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 VP’S ARREST THREATENS TO COLLAPSE SOUTH SUDAN PEACE DEAL

VP’S ARREST THREATENS TO COLLAPSE SOUTH SUDAN PEACE DEAL

Faith Nyasuguta  The detention of South Sudan’s First Vice-President Riek Machar has thrown the country’s fragile peace into crisis, with his party declaring that the 2018 peace agreement has effectively collapsed. The Sudan People’s Liberation Movement in Opposition (SPLM/IO) has warned that the nation is on the brink of a return to widespread conflict. Machar […]

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 ZAMBIA’S ECONOMY GROWS THREE TIMES FASTER THAN IMF PROJECTIONS

ZAMBIA’S ECONOMY GROWS THREE TIMES FASTER THAN IMF PROJECTIONS

Faith Nyasuguta  Zambia’s economy has defied expectations, growing at a rate three times faster than the International Monetary Fund (IMF) had projected for 2023. The nation’s Gross Domestic Product (GDP) expanded by 4%, significantly surpassing the IMF’s estimate of 1.2% and even exceeding the government’s own forecasts. This impressive growth was largely fuelled by a […]

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 NAMIBIA TO REQUIRE VISAS FOR U.S CITIZENS & TRAVELERS FROM 30+ COUNTRIES  

NAMIBIA TO REQUIRE VISAS FOR U.S CITIZENS & TRAVELERS FROM 30+ COUNTRIES  

Faith Nyasuguta  Starting April 1, Namibia will implement a new visa policy requiring U.S. citizens and tourists from over 30 other nations to obtain visas before entering the country. This development signifies a shift in Namibia’s approach to managing international travel and immigration, prompting mixed reactions domestically and globally.   The Namibian government clarified that the […]

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 SOUTH SUDAN’S VP MACHAR PLACED UNDER HOUSE ARREST AMID GROWING POLITICAL CRISIS

SOUTH SUDAN’S VP MACHAR PLACED UNDER HOUSE ARREST AMID GROWING POLITICAL CRISIS

Faith Nyasuguta  South Sudan’s political climate has been thrown into turmoil after First Vice-President Riek Machar was placed under house arrest, his party announced.  Machar, a long-time rival of President Salva Kiir, was reportedly detained late Wednesday when an armed convoy, led by top security officials, including the defense minister, stormed his residence in Juba. […]

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 7 AFRICAN COUNTRIES GRAPPLING WITH THE HIGHEST GOVERNMENT DEBT

7 AFRICAN COUNTRIES GRAPPLING WITH THE HIGHEST GOVERNMENT DEBT

Faith Nyasuguta  Government debt continues to be a significant economic challenge across Africa, with some nations facing alarmingly high debt-to-GDP ratios. According to the International Monetary Fund (IMF), these mounting debt levels threaten fiscal sustainability and economic stability in several countries. Let’s take a closer look at the seven African nations with the highest government […]

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