AFRICA

Johannesburg, SA | Xinhua | Through its many initiatives, BRICS countries seeks to improve the world’s financial architecture and systems of trade and investment so as to strengthen economic performances of countries in the Global South, said Kenneth Creamer, a senior lecturer at the University of the Witwatersrand. BRICS is the …

United Nations, USA | Xinhua | The United Nations has released 22 million U.S. dollars to aid people fleeing the hostilities in Sudan into four neighboring countries, UN humanitarians said on Friday. The UN Office for the Coordination of Humanitarian Affairs (OCHA) said UN Under-Secretary-General Martin Griffiths, the relief chief, authorized …

Nairobi, Kenya | Xinhua | The European Union (EU), Germany and Estonia on Friday launched a 4-billion-shilling (about 29 million U.S. dollars) digital transformation center (DTC) to support Kenya’s transition toward a human-centered digital economy. EU Ambassador to Kenya Henriette Geiger told journalists in Nairobi, Kenya’s capital, that the center will …

Goma, DRC | THE INDEPENDENT | Maj. Gen. Alphaxard Muthuri Kiugu, the new overall commander of the East African Community Regional Force under the peacekeeping mission in North Kivu, has assumed office. Kiugu was appointed by Kenyan President William Ruto last month, to replace Maj. Gen. Jeff Nyaggah resigned citing …

Kampala, Uganda | THE INDEPENDENT | A dialogue between regional policymakers and business leaders has made a raft of proposals for the East African Community governments to avoid bouts of food insecurity like the recent ones. The East African region’s food insecurity is exacerbated by natural disasters, climate change, and …

The company is investing US$1millon in its first year of operation Zambia – which will be used a hub for regional expansion Lusaka, Zambia | THE INDEPENDENT | Kenya’s B2B retail and e-commerce company, Wasoko, has expanded into the Southern African market, with Zambia as the first investment destination. The company …

Rwanda’s successful Eurobond repayment serves as a reminder that there is resilience in African bond markets, despite the “perfect storm” of COVID-19, high inflation and trade disruptions SPECIAL FEATURE | BIRD AGENCY | In the face of economic challenges, Rwanda has achieved a significant milestone by successfully repaying its $400 …

Kampala, Uganda | THE INDEPENDENT | Uganda might not get maximum benefit from the African Continental Free Trade Area (AfCFTA) unless the cost of doing business in the county and East Africa is worked on, according to the private Sector. The costs cited include in areas of access to finance, quality …

Nairobi, Kenya |  Xinhua | Kenya’s President, William Ruto, formally unveiled the country’s joint bid with East African neighbours, Uganda and Tanzania, to host the 2027 Africa Cup of Nations finals on Monday in Nairobi. Ruto noted the joint bid, dubbed “Pamoja” – the Swahili word for together – is …

Mogadishu, Somalia | Xinhua |  The new force commander of the African Union Transition Mission in Somalia (ATMIS), Sam Okiding, has prioritized a smooth transition of security responsibilities to Somali security forces while consolidating the gains made in stabilizing the country. Okiding, who arrived in the Somali capital Mogadishu on …