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Russia Reportedly Prepares $1 Billion Loan For Iran

Russia has reportedly prepared a $1 billion loan for Iran, with some media reports suggesting the funding could represent the first instalment of a proposed $20 billion lending arrangement between Moscow and Tehran. According to the reports, the funds are ready for
October 9, 2026

Four EAC Partners Join The Kenya-Uganda SGR Project

Four East African Community member states this week joined the Kenya and Uganda joint project to develop a modern railway on the Northern Corridor. However, the lack of funding remains a persistent issue for the joint standard gauge railway (SGR) that ends
May 4, 2024

Kenya Floods: Death Toll Reaches 210 Amid Heavy Rains

The death toll from the raging floods and landslides triggered by heavy rains in Kenya since March has risen to 210, with dozens of people still missing, the government announced on Friday. The Ministry of Interior and National Administration reported that 196,296
May 4, 2024

Death Toll in Kenya Flood Disaster Reaches 188

The death toll from heavy rains and floods has hit 188 after nine more bodies were retrieved in various parts of the country. Presently, 90 individuals remain missing, while 125 others have sustained injuries, and approximately 165,500 people have been displaced by
May 2, 2024

Ruto Names Kenya’s New Defence Chief

Kenya’s President William Ruto has promoted Lieutenant General Charles Muriu Kahariri to the rank of General and appointed him Chief of Defence Forces (CDF). He now takes over the post left vacant following the death of Gen Francis Ogolla in a helicopter crash. Simultaneously, Maj-Gen John
May 2, 2024

Indonesia’s Ruang Volcano Eruption

Footage from the National Search and Rescue Agency depicted hundreds of residents of Indonesia’s Tagulandang island awaiting evacuation at the island’s port on Wednesday, as grey smoke continued to billow from the Ruang volcano. The eruption of Indonesia’s Ruang volcano on Tuesday
May 1, 2024

We Need Loans That Drive Prosperity, Museveni Tells World Bank

Ugandan President Yoweri Museveni has emphasized the importance of loans that drive prosperity during his address to the World Bank. Highlighting  the need for financial support that fosters economic growth and development in Africa,the Preisdent, stressed the significance of strategic loans in
April 30, 2024
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