Nairobi, Kenya | Xinhua | Kenya’s National Treasury said Wednesday that it intends to issue syndicated bonds in local currency in the financial year 2023/2024 as it explores new ways to raise money to finance the country’s 3.6 trillion shillings (about 28.56 billion U.S. dollars) budget. The Treasury said in its …
Read More »Kenya, Uganda start talks to create one-stop border post in bandit-prone area
Nairobi, Kenya | Xinhua | Kenya and Uganda have initiated talks for the opening of a One-Stop Border Post in Lokiriama in northwest Kenya to boost trade and open up the far-flung area, the Interior Ministry said Monday evening. Kenya’s Interior Principal Secretary Raymond Omollo said the border post would enhance …
Read More »Former Kenyan president arrives in Nigeria to lead AU election observers mission
Abuja, Nigeria | XINHUA | Former Kenyan President Uhuru Kenyatta arrived in Abuja, Nigeria, Tuesday to lead the 90-member African Union (AU) Election Observation Mission (AUEOM) in the country. The AUEOM, headed by Kenyatta, will observe the integrity of Nigeria’s presidential and national assembly elections, scheduled to be held on …
Read More »South Sudan says arms embargo stalling implementation of peace deal
Juba, South Sudan | Xinhua | South Sudan said Tuesday that the arms embargo imposed on it is stalling the implementation of the security arrangement in the revitalized agreement on resolving the conflict in South Sudan (R-ARCSS). Michael Makuei Lueth, the minister for Information, Communications Technology and Postal Services, said the …
Read More »Maser Group records 38% growth in revenues to $500 million in Sub-Saharan Africa
The company plans to launch operations in Uganda and Rwanda in the near future to widen its network Kampala, Uganda | THE INDEPENDENT | Electronics manufacturer, Maser’s operations in African Sub Continent, has recorded a 38% growth in revenue to US$500million in the fourth quarter of 2022. Maser’s financial results released …
Read More »Death toll from Lassa fever rises to 85 in Nigeria
Abuja, Nigeria | Xinhua | The death toll from Lassa fever in Nigeria, Africa’s most populous country, has risen to 85 since the beginning of the year, local health authorities said on Monday. In its latest update on Lassa fever, the Nigeria Center for Disease Control (NCDC) said 15 dead cases …
Read More »FAO chief says adoption of digital tools key to boosting climate-smart farming in Africa
Nairobi, Kenya | Xinhua | African countries should embrace digital tools in their bid to boost crop yield in the face of climatic shocks, Food and Agriculture Organization of the United Nations (FAO) Director-General Qu Dongyu said Monday. Qu said geospatial and digital technologies have become crucial in tackling challenges facing …
Read More »EAC ministers to review report on admission of Somalia into regional bloc
Arusha, Tanzania | Xinhua | The 43rd ordinary meeting of the East African Community (EAC) Council of Ministers currently underway in Burundi will review a report of the verification mission on the admission of Somalia into the regional bloc. A statement issued on Monday by the EAC headquarters in Tanzania’s northern …
Read More »Botswana becomes 45th AU member to ratify African continental free trade agreement
Gaborone, Botswana | Xinhua | Botswana has deposited its instrument ratifying the African Continental Free Trade Area (AfCFTA) agreement with African Union Commission Chairperson Moussa Faki Mahamat, local media reported. The southern African country becomes the 45th African Union (AU) member to ratify the AfCFTA. Botswana President Mokgweetsi Masisi presented the …
Read More »AU official urges turning difficulties into opportunities to transform Africa’s energy sector
Addis Ababa, Ethiopia | Xinhua | African Union (AU) Commissioner for Infrastructure and Energy Amani Abou-Zeid on Sunday urged African countries to turn difficulties into opportunities to transform Africa’s energy sector. “The last three years have been difficult years in the whole world with a series of crises that have …
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