Kenya’s President William Ruto has issued a strong warning to those accused of stealing medical supplies from the State House of the Aged, saying they will face the full weight …
AccountabilityGovernanceHealthKenyaPolitics
- BusinessEconomyInfrastructureKenyaTechnologyTelecommunications
Meta Partners with Safaricom on $23 Million Subsea Cable Project to Boost Internet in East Africa
Facebook’s parent company, Meta, has entered into a partnership with Safaricom, Kenya’s largest telecom operator, to invest in a new subsea fibre-optic cable project that will connect East Africa to …
- BankingBusinessEconomyFinanceKenyaRegulation
Central Bank of Kenya Rejects Exemptions on Staff Loans Under New Pricing Formula
The Central Bank of Kenya (CBK) has rejected requests to exempt bank staff loans from its new loan pricing system, insisting that all borrowers must operate under the same rules. …
Brega Petroleum Marketing Company has confirmed that operations at the Ras Al-Mungar depot are proceeding smoothly and at full capacity. On Friday, the tanker Anwar Al-Nasr arrived at the depot’s …
- HealthNewsRumors & SpeculationSocial MediaUnited States
Rumors Surround Trump’s Health as Speculation Grows Online
There has been growing concern and confusion worldwide after the hashtag #TrumpIsDead trended on social media platforms on Friday evening. The speculation surrounding the health and whereabouts of former U.S. …
- AfricaClimate ResilienceEnergyGreen InfrastructureINVESTMENT
AGIA-PD Fund Raises $118 Million for Climate-Resilient Infrastructure in Africa
The Alliance for Green Infrastructure in Africa’s Project Development Fund (AGIA-PD) has successfully closed its first funding round with $118 million (€101 million), marking a key milestone in financing climate-resilient …
- African PoliticsElectionsGovernanceNigeria
APC Rejects Bala Mohammed’s 2027 Election Claims, Focuses on Governance
The All Progressives Congress (APC) in Lagos State has responded sharply to accusations from Governor Bala Mohammed of Bauchi State, who alleged that the APC and the Federal Government were …
- BusinessCompaniesFinanceProfit ReportsTechnology
Alphabet, Microsoft Boost Tech Giants’ $143B Q2 Profit
The world’s seven largest tech companies—Microsoft, Apple, Alphabet, Amazon, Meta, Nvidia, and Tesla—collectively reported a staggering $143 billion in net profit for the second quarter of 2023, marking a 27.6% …
- EconomyGovernment PolicyLabour PartyNigeriaPolitics
Peter Obi Slams Passport Fee Hike as Burden on Nigerians
Peter Obi, the Labour Party’s presidential candidate in the 2023 general elections, has condemned the recent hike in International Passport fees, calling it yet another burden on ordinary Nigerians. In …
- CBNEconomyForeign ExchangeNigeriaRemittances
Nigeria’s Diaspora Remittances Hit $600 Million Monthly, CBN Governor Says
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed that diaspora remittance inflow into the country has seen a significant increase, rising from $200 million to …