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Tanzania, Chinese firms signed agreement on 506-km railway project

DAR ES SALAAM – Tanzania’s railway authorities, signed an agreement with two Chinese companies, for the second phase of the construction of the 506-km standard gauge railway (SGR), from Tabora to Kigoma region.The Tanzania Railways Corporation (TRC) an...
Business

Nigeria’s Central Bank Raises Cash Withdrawal Limits After Public Outcry

The Central Bank of Nigeria has raised the maximum weekly limit for cash withdrawals after a public uproar over the caps it announced two weeks ago. The new limit is five times higher than the initial cap for individuals and ten times more for companie...
Business

Cameroon Deploys Troops to Quell Gang Violence in Economic Hub

Cameroon has deployed troops to its port city of Douala, the country's economic hub, to try to stem a wave of gang violence.The insecurity has also disrupted Cameroon's exports to its landlocked neighbors, the Central African Republic and Chad.Cameroon...
Business

Suez Canal Earned Record Revenue Of 7.9 Billion USD In 2022

CAIRO– Egypt’s Suez Canal, registered a record-breaking revenue of 7.932 billion U.S. dollars in 2022, the chairman of Egypt’s Suez Canal Authority (SCA), announced yesterday.“The revenues of 2022 are the highest in the SCA’s history,” Osama Rabie told...
Business

Tunisia gets loan to boost food security, electricity supply

TUNIS— The European Investment Bank (EIB) has approved 220 million euro loans for Tunisia to boost its food security and electricity supply, the Tunisian Ministry of Economy and Planning said in a statement.Two financing agreements were signed in the c...
Business

IMF Approved Three-Billion-USD Loan To Egypt

CAIRO– The International Monetary Fund (IMF), said that, its executive board had approved a loan to Egypt of about three billion U.S. dollars over 46 months.The decision enables an immediate disbursement of about 347 million dollars to Egypt, “which wi...
Business

Ghana secures SLA with IMF in record 5 months – Finance Minister Ofori-Atta

ACCRA— The Ghana Government has announced a staff-level agreement with the International Monetary Fund (IMF) on a $3 billion loan deal.The agreement, reached on the back of a record 5 months of intense negotiations between the International Monetary Fu...
Business

IGAD in Partnership with World Bank Launches its Groundwater for Resilience Project

December 9, (NAIROBI, Kenya): The Intergovernmental Authority on Development (IGAD), with financial and technical support from the World Bank, officially launched the IGAD Groundwater for Resilience project.In an event organised by the IGAD Secretariat...
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General

Kakamega County Public Service Board Sworn In During Ceremony at Bukhungu Stadium

Kakamega: Governor Fernandes Barasa presided over the swearing-in of the newly appointed members of the Kakamega County Public Service Board (KCPSB) during a ceremony held at Bukhungu Stadium. The governor expressed confidence in the new board, saying...
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General

Call for Peace During Slain Legislator’s Burial

Homa Bay: Homa Bay County Commissioner Moses Lilan has asked residents to maintain peace ahead of and during the burial of the slain Kasipul MP Charles Ongondo Were. Lilan emphasized the need for a peaceful environment to allow the bereaved family to ...
General

Red Cross Scales Up Flood Preparedness in Mombasa Amid Heavy Rains

Mombasa: The Kenya Red Cross Society (KRCS) has intensified its disaster preparedness and response measures in Mombasa County following ongoing heavy rains that have affected parts of the region over the past two days. According to Kenya News Agency...

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Abalone poachers feel the heat in Gqeberha as police clamp down on the illegal trade

Police in Gqeberha are leaving no stone unturned as they clamp down on illegal abalone activity in the metro while at the same time, perpetrators are feeling the pinch in their pockets.This week, several intelligence driven operations were conducted wh...
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Kenya to Allocate Funds for Local Anti-Venom Research Amid Rising Snakebite Cases

Nairobi – The Kenyan government has pledged financial support for applied research aimed at accelerating the local production of anti-venom, in an effort to address the increasing incidence of snakebites. According to a new release by Kenya News Agency...
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French-speaking Scrabble World Championship: Burkinabè Ousmane Lengané vice-champion

Burkinabe scrabbler Ousmane Lengané finished vice-world champion in French-speaking individual classic scrabble last Sunday, we learned from the Burkinabe ministry in charge of sports.On the ministry's Facebook page, it appears that "at the end of 24 r...
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