East Africa

In the current tapestry of global economics, Africa finds itself at a fascinating junction. As the continent embarks upon a journey marked by both challenges and opportunities, it faces the daunting forces of global inflation, pervasive unemployment, and sluggish growth that seemingly hinders its stride. These challenges echo a stark narrative where maintaining a low debt profile with the International Monetary Fund (IMF) becomes an imperative not only for economic stability but also for national dignity. One may…

Kenya Airways planes are seen through a window at the Jomo Kenyatta International Airport in Nairobi, Kenya, August 1, 2020. REUTERS/Njeri Mwangi/File Photo Purchase Licensing Rights. Kenya Airways, a beacon in the African aviation landscape, has reported a stunning turnaround. On a seemingly ordinary Tuesday, the airline, under its stock identifier KQNA.NR, revealed an impressive pretax profit for the last fiscal year, marking a victory lap after more than a decade of persistent losses. Such a revelation strikes a…

The narrative of Kenya's bustling second-hand clothing economy is not only about numbers but about stories woven into the very fabric of everyday life. In 2023, Kenya's import of second-hand clothes and textiles reached a staggering Sh38.5 billion ($298 million), according to data from the Massachusetts Institute of Technology (MIT). For an economy and a society, what do these numbers truly signify? Categories of Imported Second-Hand Apparel Kenya's import market for second-hand…

Bosaso port. Siphon/ CC BY-SA 3.0 via Wikimedia Commons. In a world where strategic alliances can pivot the fate of nations, Somalia finds itself at a crossroads. The Somali government recently made a bold move, offering the United States "exclusive operational control" over critical ports on the Gulf of Aden. The intention? To prevent the Washington establishment from recognizing secessionist regions within Somalia's borders. This promise is particularly contentious because, paradoxically, the Somali government…

Exploring Top Healthcare Systems of 2024: A Blueprint for Global Excellence In a world where the health and well-being of citizens are paramount, some nations stand out as exemplary models. According to global rankings, the ten best healthcare systems in 2024 include Singapore, Japan, South Korea, Taiwan, China, Israel, Norway, Iceland, Sweden, and Switzerland. These countries have achieved excellence through universal healthcare coverage, cutting-edge medical technology, and well-structured public health policies.…

Nigeria is embarking on an unprecedented journey in its quest to attract foreign investment while boosting local manufacturing. The renowned automaker, AvtoVAZ, is propelling plans to set up an assembly plant in the nation. Curious about this bold move? Let’s delve into the details. According to Techcabal, AvtoVAZ, commonly associated with its Lada range of accessible passenger cars, SUVs, and commercial vehicles, is charting a path into Nigeria. This venture aligns…

In anticipation of a looming protest against President Emmerson Mnangagwa’s prospective bid for a third term, security forces are reported to be on heightened alert. Alarm bells are ringing as individuals rally behind the controversial war veteran, Blessed "Bombshell" Geza. Recently ousted from the ruling Zanu-PF party’s Central Committee, Geza has taken to the airwaves, urging citizens to take to the streets. One might wonder, what drives such fervent dissent? Geza's rhetoric goes beyond mere political disagreement; he…

In a climate replete with global complexities and shifting geopolitical priorities, the recent interaction between Turkish President Recep Tayyip Erdogan and Somali President Hassan Sheikh Mohamud in the vibrant heart of Ankara marks a significant chapter in international diplomacy. A meeting laden with layers of meaning, this encounter doesn't just solidify Türkiye’s historical alliance with Somalia—it propels it into new realms of cooperation and growth. The venue was the august Presidential Complex on a…

An Exploration of African Currency Depreciation in 2024 Currency is a subtle force that silently shapes the fortunes of nations. In 2024, numerous African nations, such as Nigeria and Ghana, faced significant currency depreciation, casting shadows over their economies. But why should one care about numbers on a currency exchange board? Let's delve into this complex issue, examining its ripples across economies, both near and far. "Where has the purchasing power gone?" many Nigerians…

Mogadishu, also known as the heart of the Horn of Africa, has witnessed an inspiring boost in its defense capabilities. In a monumental gesture of support, the African Union has delivered a critical consignment of military equipment aimed at bolstering Somalia's security landscape. This endeavor not only aims at enhancing the country's security architecture but also underlines the unwavering commitment to stabilizing a region plagued by challenges. The shipment comprises a myriad of essential assets: robust armored…