East Africa

Zimbabwe’s gold-backed currency, the ZiG, recently achieved a significant milestone by recording its largest single-day gain against the U.S. dollar in 2023. This remarkable change can be attributed to a surge in gold production alongside a bolstered reserve of foreign currency, reflecting a new chapter in Zimbabwe’s economic narrative. On Friday, the ZiG appreciated by 0.2%, trading at 26.89 per dollar. This shift was particularly noteworthy, considering it marked only the twelfth instance of the currency…

Mogadishu (AX) — Strengthening International Support for AUSSOM The Somali government has once again placed a heartfelt call for robust international support to enhance the African Union Transition Mission in Somalia (AUSSOM). This appeal isn’t just about finance; it’s about fostering a sense of global responsibility toward stabilizing a nation that has faced significant challenges for decades. Sustained financial aid, along with long-term funding solutions, are not mere line items on a budget; they are…

A Significant Step Towards Peace: The Rwanda-DRC Peace Deal The President of Rwanda recently made headlines with a candid statement regarding the ongoing negotiations with the Democratic Republic of the Congo (DRC). Stating firmly that he won’t tolerate any deceptive maneuvers from his neighbors, he reflects a growing sentiment among leaders who yearn for stability in a turbulent region. But what does this mean for the peace deal brokered by the United States, and for the future of both nations? Last week, in a historic…

The recent revelations regarding a mining company's alleged involvement in trafficking conflict minerals from the Democratic Republic of Congo (DRC) illuminate a complex and troubling chapter in the region's ongoing struggles. According to a report by Reuters, this marks a significant moment as it is the first time the United Nations has explicitly named an organization purportedly complicit in such activities since the M23 rebel group seized control of vital mining territories last year. The confidential UN…

Reuters recently reported a significant allegation concerning Boss Mining Solution, a mining company now at the center of controversy for its supposed involvement in trafficking minerals looted from the Democratic Republic of Congo (DRC). This marks a pivotal moment, as it is the first instance where the United Nations has named an entity believed to be complicit in such activities since the resurgence of M23 insurgents, who dramatically seized control of crucial mining territories last year. But what does this mean…

A Historic Farewell: Major General Fatuma Gaiti Ahmed On May 3, 2024, the landscape of military leadership in Kenya underwent a significant transformation. In a pioneering move, President William Ruto appointed Major General Fatuma Gaiti Ahmed as the first female Air Force Commander in the nation's history. This appointment not only symbolizes a crucial step toward gender equality but also represents a broader commitment to military reform within the Kenya Defence Forces (KDF). As Major General Ahmed sets off…

Starlink Launches in Chad: A New Era of Connectivity In a landmark development for digital access, Elon Musk’s SpaceX has officially launched Starlink, its innovative satellite internet service, in Chad. This significant step follows the completion of its licensing process, firmly establishing its operations in the nation. The confirmation of this launch was shared through the company’s official availability map, much to the excitement of those eager for enhanced internet connectivity in this region.…

Recently, a significant event unfolded that brought together shareholders, institutional investors, and regulators in a collective space of review and forward-thinking. This gathering served as a platform to delve into the comprehensive Annual Report and Financial Statements for Beta Glass Plc for the year ending December 31, 2024. It wasn't merely about numbers and charts; it was about shaping the future trajectory of the company and reinforcing its dedication to sustainability. Dr. Vitus Ezinwa, the Chairman…

The recent peace agreement facilitated by the United States between Rwanda and the Democratic Republic of Congo unfolded against the backdrop of a less explored narrative. As noted by Edward DeMarco, a strategist and commentator on African affairs, “Behind last week's U.S-brokered peace deal between Rwanda and the Democratic Republic of Congo is a hidden storyline: Togo's quest to become West Africa's Rwanda.” This intriguing comparison draws attention to the ambitions of this small West African nation. How did Togo, a…

The 2025 U.S.-Africa Business Summit in Luanda provided a remarkable platform for transformative dialogue and strategic engagements that are poised to redefine economic partnerships between the United States and Africa. This gathering was nothing short of historic, as it brought together an unprecedented number of Heads of State and Government. Twelve leaders—among them Presidents and Prime Ministers from various African nations—graced the summit, amplifying its significance. This summit wasn’t just marked by the…