Daily Archives: Nov 18, 2023

UM6P Ventures Invests in Moroccan Startup Chari

Rabat – UM6P Ventures, the investment entity of Mohammed VI Polytechnic University (UM6P), has announced a new investment in Chari, a Moroccan startup leading in B2B e-commerce for consumer goods in Morocco and Francophone Africa. This investment aims ...

Ivory Coast Treasury Secures $66 Million in WAMU Market

Abidjan – The Treasury of Ivory Coast successfully raised FCFA 41.185 billion ($66 million) on November 14, 2023, in the financial market of the West African Monetary Union (UMOA).According to Africa News Agency, This fundraising through assimilable tr...

IMF Approves $938 Million Loan to Kenya

Nairobi – The International Monetary Fund (IMF) has reached a significant agreement to provide a loan of $938 million (€864 million) to Kenya. According to Africa News Agency, This financial support comes at a crucial time as the East African nation gr...

Hassan Allam Holding Embarks on $200 Million Investment in Africa

Cairo – Hassan Allam Holding, a leading engineering and construction firm in Egypt, spearheaded by billionaire Hassan Allam, has announced a significant investment initiative across Africa. The company has committed to investing $200 million in various...

Somali Interior Minister and ATMIS Head Discuss Security and Environmental Challenges

Mogadishu – The Minister of Interior, Federal and Reconciliation of the Federal Government of Somalia, HE Ahmed Moalim Fiqi, held a meeting with the Head of the African Transition Mission in Somalia (ATMIS), Ambassador Mohammed El-Amine Souef. The meet...

Somalia’s President Leads National Security Committee Meeting

Mogadishu – The President of the Federal Republic of Somalia, HE Hassan Sheikh Mohamud, chaired a National Security Committee meeting, focusing on strategies to eradicate terrorist groups and enhance collaboration among government security branches. Th...

Somali Foreign Minister Farewells Outgoing Kenyan Ambassador

Mogadishu – H.E. Mr. Abshir Omar Jama, the Minister of Foreign Affairs and International Cooperation of Somalia, hosted a farewell event for the outgoing Ambassador of the Republic of Kenya, Maj Gen (Rtd) Thomas Kipkosgei Chepkuto, in Mogadishu. The me...

National Assembly Committee Urges Samburu Leaders to Collaborate with Security Agencies for Peace Restoration

Samburu/Baringo Border, Kenya – The National Assembly Security Committee has emphasized the need for Samburu leaders to engage more actively with security agencies to bring peace to the volatile Samburu/Baringo border area. The committee, headed by Tes...

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Maua Residents Cautioned Against Illegal Water Connections

Maua: Residents of Maua in Igembe South Sub-County have been urged to desist from illegal water connections as authorities step up enforcement measures. Maua Town Municipal Manager Timothy Mwenda issued the stern warning stating that anyone caught eng...
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Yetu Sacco Hits Record Billion Revenue

Meru: For the first time in its 33-year history, Yetu DT Sacco, Meru County has hit the Sh1 billion profit mark with a historic membership registration drive. According to Kenya News Agency, the Sacco has recently recorded a surge in membership, su...

Teso King to Tour Kenya, Engage with Iteso Community

Nairobi: Iteso Cultural Union (ICU) leader Papa Paul Sande Emolot is set to visit the Iteso community in Teso, Kenya, as well as those residing in other sub-counties, in March this year. The announcement was made during the burial of Moses Oduya in Ka...

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