Kenya and the Czech Republic have taken decisive steps to enhance their trade and investment relationship, building on a history of cooperation that dates back to 1993. During a visit to Kenya, Prime Minister Petr Fiala and President William Ruto met at State House Nairobi to consolidate their commitment to mutual growth and collaboration. President […]
In a positive turn of events, South Africa’s net foreign reserves have experienced a significant boost, reaching an impressive $55.510 billion at the close of October, as revealed by the latest central bank data. This surge is a notable increase from the $54.980 billion recorded in September, reflecting the nation’s strengthening financial position in the […]
Kenya’s electricity imports from Ethiopia have been reduced by half, a consequence of the severe drought affecting the Horn of Africa region. This setback was revealed by Energy Cabinet Secretary Davis Chirchir during the National Dialogue Committee hearings aimed at addressing the cost of living. Previously, Kenya had contracted to receive 200 megawatts of electricity […]
In an effort to align with the UAE’s upcoming COP28 conference, the World Governments Summit (WGS) Organization has unveiled a pivotal report, aptly titled “Net Zero: The Countdown Has Begun.” This comprehensive report offers a pragmatic assessment of global warming challenges while laying out five crucial actions for effective decarbonization. Produced in collaboration with respected […]
In a historic announcement made at the 23rd Global Summit of the World Travel and Tourism Council (WTTC) in Kigali, Rwandan President Paul Kagame unveiled a bold initiative aimed at fostering regional integration and trade across Africa. Kagame declared that Rwanda would now allow all Africans to enter the country without the need for a […]
In a move of strategic importance, the Kenyan government is actively considering the purchase of up to a 20 percent stake in the Turkana oil project, with the outcome depending on a review of the project’s revised development plan and the availability of funds. The Energy and Petroleum Regulatory Authority (Epra) director-general, Daniel Kiptoo, revealed […]
South Africa is taking decisive steps to combat its persistent energy deficit, which has been hampering economic growth. Electricity Minister Kgosientsho Ramakgopa announced that the country is expediting plans to generate 3 gigawatts (GW) of power through gas-fired projects, signaling a shift towards cleaner and more reliable energy sources. The ongoing daily power cuts in […]
The United States has reaffirmed its dedication to fostering regional integration in Africa as a critical driver of the continent’s economic growth and prosperity. This commitment was reiterated during a conference focused on the African Growth and Opportunity Act (Agoa) held in Johannesburg. Agoa, a significant trade agreement, allows duty-free access to the U.S. market […]
ABUJA, Nigeria – Nigeria’s government has approved a supplementary budget of 2.176 trillion naira, equivalent to $2.8 billion, in a strategic move aimed at addressing pressing national priorities. The announcement was made by Budget Minister Atiku Bagudu during a press conference held in Abuja. The supplemental budget is a critical step to address pressing issues, […]
The ongoing Israel-Hamas conflict has drawn the attention of the World Bank, which has issued a warning about the potential implications for global oil prices and commodity markets, highlighting the existing six percent rise in oil prices as a precursor to further instability. The latest bout of hostilities began when Hamas militants from Gaza launched […]
Kenya's agriculture sector — the engine that directly powers 22.5% of the nation's GDP, employs more than 40% of its...
When Sanae Takaichi secured Japan's largest Lower House election victory since World War Two on February 8, 2026, financial markets...
On the morning of February 18, 2026, the Nigerian Exchange Limited quietly rewrote the rules of its own market. For...
The clock is ticking louder than the government had hoped. Kenya Pipeline Company's landmark Initial Public Offering — billed as...
