East Africa

Egypt and Somalia: Strengthening Bonds Amid Regional Tensions In a bold declaration filled with resolve, Egypt has recently asserted its commitment to thwart Ethiopia’s push for access to the Red Sea. On Sunday, President Abdel Fattah el-Sissi conveyed this message during a press conference that followed strategic discussions with Somali President Hassan Sheikh Mohamud in Cairo. This development highlights not only Egypt's deep-rooted concerns but also its expanding security partnership with Somalia. El-Sissi…

The long-anticipated 2024 Women's Africa Cup of Nations (WAFCON) in Rabat kicked off with unexpected flair at the Stade Olympique on Saturday night. The host nation, Morocco, faced a formidable challenge against Zambia, ultimately ending in a gripping 2-2 draw. Both teams showcased remarkable skill and tenacity, each rallying to equalize, illustrating the heart of competitive football. Analysts praised their relentless spirit; Morocco's ability to respond under pressure was particularly impressive. The atmosphere in the…

The Geopolitical Ripple Effects of Trump's Tariff Threats On a recent Sunday, the atmosphere of global diplomacy was stirred by none other than former President Donald Trump. In a statement that reverberated well beyond U.S. borders, Trump issued a stern warning to nations contemplating partnerships with the BRICS bloc. He labeled their policies as “anti-American,” threatening an additional 10% tariff on countries that align themselves with this coalition of emerging economies. This declaration has raised eyebrows and…

Kenya on Edge as Saba Saba Day Approaches: Protests Loom Over Economic and Political Tensions Nairobi, Kenya (AX) — As Kenya prepares to commemorate Saba Saba Day, the air is thick with anticipation and anxiety. Mass protests are expected across the nation, spurred by weeks of public outcry over police brutality, severe economic challenges, and a controversial protest bill that has ignited widespread condemnation. How did we reach this critical juncture, and what does it mean for the future of a nation rich in history yet…

The landscape of energy generation in Africa is witnessing a pivotal transformation, fueled by a renewed interest from international investors and development partners in nuclear power infrastructure. This surge in interest is not merely a trend; it's a purposeful move towards enhancing energy security, stimulating industrial growth, and bolstering climate resilience across the continent. Africa, with its ever-increasing energy deficits, stands at a crossroads. Coupled with an urgent need to transition to…

Garowe (AX) — In a recent development that has heightened tensions in Somalia's complicated political landscape, Northeastern State has publicly declared that the federal government will bear responsibility for any ensuing violence in the contested Sanaag region. This warning follows a decisive move by regional troops, who took control of the coastal village of Elbuh and effectively forced rival political figures to retreat overnight. In a statement from the Northeastern State presidency, it was revealed that Federal…

A recent study entitled AFRAA Taxes and Charges Study Review 2024 has shed light on a significant issue affecting travelers in Nigeria. The report highlights that Nigerians are paying an astonishing average of $180 in taxes and charges for each international flight, a figure that stands in stark contrast to the continental average of just $68. This disparity raises an important question: what does this mean for ordinary Nigerians who wish to explore the world or conduct business abroad? The financial burden,…

Kenya: A Nation in Turmoil Amid Calls for Justice In a stark and alarming incident, armed assailants targeted the headquarters of the Kenyan Human Rights Commission on Sunday as they convened for a pivotal press conference advocating for an end to state violence. This scene unfolded against a backdrop of rising tensions in Kenya, a nation grappling with deep-rooted issues of economic stagnation, corruption, and an ongoing cycle of police brutality. The timing was particularly poignant, occurring just a day before "Saba…

Mozambique's Financial Crossroads: A Bold Move Towards Debt Restructuring In a significant move that may reshape its financial landscape, Mozambique is contemplating a strategic approach to restructure $1.4 billion in debt with none other than China, its largest bilateral creditor. President Daniel Chapo revealed this during recent discussions about the nation’s pressing fiscal challenges. The situation is dire. Mozambique has faced back-to-back economic contractions that have left it grappling with fiscal…

Kenya's Bold Move Towards Financial Resilience In a significant step for its financial landscape, the Nairobi International Financial Centre Authority (NIFCA), operating under the auspices of the National Treasury, has entered into a pivotal agreement with Africa Specialty Risks (ASR). This global underwriter is renowned for its recognized access to AA-rated international reinsurance. The signing of this agreement is not merely a roadmap for growth; it's a beacon of hope for investors looking at Kenya as a…