Asia gets the attention, but the real economic revolution is the inevitable growth of an overlooked continent | TOOZE-ADAM | In the coming decades, we face a revolutionary shift in the balance of world affairs—and it is likely not the one you are thinking of. Since the 1990s, the idea …
Read More »Hassan Sheikh Mohamud elected as Somalian president
Mogadishu, Somalia | Xinhua | The Somalian parliament on Sunday chose Hassan Sheikh Mohamud as the country’s new president in a third-round runoff in an election that has been delayed for over a year. The 67-year-old Mohamud, former Somalian president in 2012-2017, won 214 votes from lawmakers, defeating incumbent President Mohamed …
Read More »Farmajo 2nd best as Somali presidential poll goes to second round
Mogadishu Somalia | Xinhua | Four Somali presidential candidates will progress to the second round of voting after the first one ended without any candidate garnering two-thirds of the votes cast, or 219 votes required to win the polls on Sunday. The first round of the voting ended with Puntland …
Read More »Chinese-built expressway starts trial run in Nairobi, invigorating Kenyan capital
Nairobi, Kenya | Xinhua | Kenya on Saturday began trial runs on the Chinese-built Nairobi expressway ahead of its commissioning in the next few weeks. James Macharia, the cabinet secretary of the Ministry of Transport, Infrastructure, Housing and Urban Development, said Saturday during a media briefing in Nairobi, the Kenyan …
Read More »West Africa nears local vaccine production
Accra, Ghana | Xinhua | West Africa edges close to starting local vaccine production for various health conditions in the subregion, an official from the West Africa Health Organization (WAHO) said Friday. Stanley Okolo, the director-general of WAHO, made the remarks at a press briefing after the 23rd Ordinary Meeting …
Read More »Kenya sevens coach Simiyu sacked, Britain’s McGrath takes over
Nairobi, Kenya | Xinhua | Kenya rugby sevens head coach and former international Innocent Simiyu was sacked on Wednesday and replaced by Damian McGrath. “The Kenya Rugby Union (KRU) has opted to part ways with Simiyu, head coach of the Kenyan men’s national sevens team, Shujaa. Also leaving the Shujaa set …
Read More »Equity, IFC in $165 million partnership to support SMEs
IFC to support Equity’s lending to5 million SMEs under the ‘Africa Recovery and Resilience Plan’ Nairobi, Kenya | THE INDEPENDENT | Equity Group and the International Finance Corporation (IFC) have signed a partnership agreement in support of the sustainable development of Africa through supporting micro, small and medium sized businesses …
Read More »Liquid brings additional subsea cable capacity in Kenya in partnership with PEACE Cable Company
Nairobi, Kenya | THE INDEPENDENT | Liquid Intelligent Technologies, a business of Cassava Technologies, has partnered with PEACE Cable Company to introduce 800Gbps of additional subsea capacity in Mombasa on the highly-anticipated global submarine cable. This will increase the availability of high-performance and reliable Internet connectivity access across Africa, leveraging Liquid’s …
Read More »Aircraft with 11 on board missing in Cameroon
Yaounde, Cameroon | Xinhua | Cameroonian Minister of Transport Jean Ernest Ngalle Bibehe on late Wednesday reported the loss of radio contact with an aircraft with 11 people on board. Bibehe said in a statement the aircraft was located finally in the forests near Nanga Eboko, a locality in the …
Read More »IFC acquires 6.71 pct of Kenya’s Equity Bank
Nairobi, Kenya | Xinhua | The International Finance Corporation (IFC), the private sector lending arm of the World Bank, has acquired a 6.71 percent stake in Kenya’s regional lender Equity Bank, officials said Tuesday. Mohamed Gouled, the vice president of risk and finance at the IFC, said in Nairobi, the Kenyan …
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