NAIROBI, Kenya | Xinhua | Kenya and France have finalized an agreement to facilitate funding for the upgrading of the Nairobi Commuter Railway, a rail network serving Nairobi and its suburbs, officials said on Saturday. Musalia Mudavadi, prime cabinet secretary who is also the cabinet secretary for foreign and diaspora affairs, …
Read More »25 killed in central Nigeria attack
ABUJA, Nigeria | Xinhua | At least 25 people were killed by a group of unidentified gunmen who recently attacked a local community in Nigeria’s north-central state of Kogi, local authorities said. The gunmen wreaked havoc in the Agojeju-Odo community in the Omala local government area of Kogi late Thursday, …
Read More »Kenya shilling rises to year high of 130 against US Dollar
NAIROBI, Kenya | Xinhua | The Kenya shilling strengthened against the U.S. dollar Friday to close the week at the 130 mark, the strongest level in about a year. The Central Bank of Kenya (CBK) quoted the local unit at 130.7 shillings against the dollar Friday, as the local currency …
Read More »East Africa launches strategic plan to boost insurance penetration
NAIROBI, KENYA | Xinhua | East African countries unveiled a strategic plan on Thursday aimed at increasing insurance penetration in the region. Kaddunabbi Ibrahim Lubega, Chairman of the East African Insurance Supervisors’ Association and CEO of the Insurance Regulatory Authority of Uganda, announced the plan in Nairobi, Kenya. Lubega said …
Read More »Former parliament speaker arrested on corruption, money laundering charges
CAPE TOWN, South Africa | Xinhua | South Africa’s former parliament speaker, Nosiviwe Mapisa-Nqakula, was arrested and charged with corruption on Thursday, a day after she resigned over graft allegations. National Prosecuting Authority (NPA) spokesperson Henry Mamothame confirmed that Mapisa-Nqakula was formally detained after handing herself over to police in Pretoria …
Read More »Speaker resigns amid corruption investigation
CAPE TOWN, South Africa | Xinhua | South African National Assembly Speaker Nosiviwe Mapisa-Nqakula resigned Wednesday amid investigations into corruption allegations against her. “Today, the 3rd of April, I have submitted to the Acting Speaker of the National Assembly, Hon. Lechesa Tsenoli, my letter of resignation as both the Speaker of …
Read More »Parliament speaker faces possible arrest after losing court bid
CAPE TOWN, SOUTH AFRICA | Xinhua | A South African high court on Tuesday dismissed an urgent application filed by National Assembly Speaker Nosiviwe Mapisa-Nqakula to interdict a possible arrest of her on corruption charges. The ruling, which clears the path for her potential arrest, marks a new setback for …
Read More »Egypt’s president sworn in for 3rd term in new capital
CAIRO | Xinhua | Abdel-Fattah al-Sisi took the constitutional oath on Tuesday as president of Egypt for a third consecutive term in office, serving until 2030, the state-run Nile TV reported. In an aired ceremony held at the headquarters of the Egyptian Parliament in the New Administrative Capital, Sisi vowed …
Read More »Africa is fueling India’s economic ambitions
Africa is becoming a crucial player in India’s ambitious quest for global economic dominance. Through strong trade investments, expanding diplomatic relations, and strategic military partnerships, India is making significant investments in the continent as part of its broader global economic strategy. SPECIAL REPORT | BIRD AGENCY | India is growing …
Read More »Uganda’s trade amidst changing global trends
Kampala, Uganda | THE INDEPENDENT | Several African countries are on the way to being declared middle-income economies, with the declaration of some coming sooner than Uganda’s, amidst major disruptions in global trade. These disruptions include the reorganization of trade routes and partnerships due to the geopolitical situations in Eastern Europe, …
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