GOLD POWERS EGYPT’S RESERVES TO A RECORD $51 BILLION

GOLD POWERS EGYPT’S RESERVES TO A RECORD $51 BILLION

Faith Nyasuguta  Egypt’s gold story delivered a standout performance in the last fiscal year, helping propel the country’s international reserves to their highest level on record. Riding a global surge in gold prices and a deliberate accumulation strategy by the Central Bank of Egypt (CBE), gold emerged as a key pillar of financial stability for […]

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 ZAMBIA BECOMES FIRST AFRICAN COUNTRY TO ACCEPT CHINA’S YUAN FOR MINING TAXES

ZAMBIA BECOMES FIRST AFRICAN COUNTRY TO ACCEPT CHINA’S YUAN FOR MINING TAXES

Faith Nyasuguta  Zambia has become the first African nation to formally accept China’s yuan for mining taxes and royalties, a move that highlights Beijing’s expanding financial influence across the continent’s strategic resource sectors. The Bank of Zambia confirmed that payments in renminbi, the official currency in China,began in October, marking a major shift in how […]

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 CENTRAL AFRICAN REPUBLIC (CAR) SEEKS TO OPEN DRONE TRAINING CENTER WITH RUSSIA

CENTRAL AFRICAN REPUBLIC (CAR) SEEKS TO OPEN DRONE TRAINING CENTER WITH RUSSIA

Faith Nyasuguta  President Faustin-Archange Touadera of the Central African Republic (CAR) has expressed his country’s desire to establish a drone training center in partnership with Russia, showcasing the deepening military and security cooperation between Bangui and Moscow. The proposal reflects CAR’s ongoing efforts to modernise its armed forces while addressing persistent security challenges posed by […]

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ISRAEL’S FOREIGN MINISTER MAKES HISTORIC VISIT TO SOMALILAND AFTER RECOGNITION

Faith Nyasuguta  Israel’s Foreign Minister, Gideon Sa’ar, is in the breakaway region of Somaliland, in what marks the first official visit by a senior Israeli government representative since Israel became the first country in the world to recognise Somaliland’s independence. Sa’ar landed in Hargeisa, the capital, nearly two weeks after Israel’s unilateral recognition on December […]

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BURKINA FASO ALLEGES FOILED PLOT TO ASSASSINATE PRESIDENT TRAORE & DESTABILISE THE COUNTRY

Faith Nyasuguta  Burkina Faso’s military government has announced that it has foiled what it described as yet another attempt to destabilise the country and assassinate President Captain Ibrahim Traore. The Security Minister, Mahamadou Sana, made the claims during a televised address on national state television (RTB), saying intelligence services uncovered and stopped the plot before […]

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 AMNESTY WARNS UGANDA MAY SHUT DOWN THE INTERNET DURING JANUARY 15 ELECTIONS 

AMNESTY WARNS UGANDA MAY SHUT DOWN THE INTERNET DURING JANUARY 15 ELECTIONS 

Faith Nyasuguta  Amnesty International has warned that Uganda could once again shut down the internet or restrict access to social media platforms as political tensions rise, raising serious concerns about freedom of expression, access to information, and human rights in the country. The warning comes amid renewed crackdowns on dissent, civic space, and independent journalism, […]

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 EAST AFRICA ON THE BRINK OF FIRST OIL EXPORTS AS EACOP NEARS COMPLETION

EAST AFRICA ON THE BRINK OF FIRST OIL EXPORTS AS EACOP NEARS COMPLETION

Faith Nyasuguta  The East African Crude Oil Pipeline (EACOP), one of the region’s most ambitious infrastructure projects, is steadily nearing completion, with officials confirming that construction is on track to deliver first crude oil exports by October. The milestone is expected to mark a turning point for Uganda’s long-awaited oil industry and significantly strengthen Tanzania’s […]

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