East Africa

NAIROBI, Kenya — Kenya moved Wednesday to ease refinancing pressures, launching tender offers to buy back up to $500 million of outstanding Eurobonds and preparing a new dual-tranche dollar issue aimed at extending the country’s debt maturities. In a regulatory notice, the government said it would repurchase up to $350 million of its 8% bond due in 2032 and up to $150 million of its 7.25% bond maturing in 2028, amounts inclusive of accrued interest. The tender offer closes Feb. 25. To fund the buybacks, Kenya plans to issue…

ADDIS ABABA, Ethiopia — Turkish President Recep Tayyip Erdogan on Thursday rejected Israel’s recognition of North Western State of Somalia as an independent state, warning that the move risks escalating tensions in an already volatile Horn of Africa. “The Horn of Africa should not be the battlefield of foreign forces,” Erdogan said during a joint news conference with Ethiopian Prime Minister Abiy Ahmed in Addis Ababa. “We believe that countries of the region should address their problems by themselves.” North Western State…

Malawi has struck a landmark mineral marketing agreement with U.S.-based Traxys North America to sell graphite from the Kasiya rutile-graphite project in Lilongwe, officials said Friday, a deal that both countries view as strategically significant amid growing global demand for critical minerals. Malawian authorities hailed the arrangement as a potential boost to the country’s export earnings and industrial profile. The U.S. government classifies both rutile and graphite as essential minerals, and they are widely sought for…

NAIROBI, Kenya — Kenya’s Counter Terrorism Policing Unit said Wednesday it foiled a planned terrorist attack in Nairobi and seized a cache of weapons and explosives allegedly linked to suspected al-Shabab operatives. In a statement dated Feb. 18, the unit said the operation capped months of surveillance in which investigators tracked suspects’ movements, communications and logistics. Acting on intelligence, officers executed coordinated raids that led to the recovery of firearms, explosive devices and ammunition believed to…

Thursday, February 19, 2026 MOGADISHU — Oman’s low-cost carrier SalamAir will launch the first direct Muscat-to-Mogadishu flights on Sept. 3, 2026, establishing a new nonstop air link between the Gulf and the Horn of Africa via Aden Adde International Airport. The airline said it will operate two weekly services between Muscat International Airport and Mogadishu, positioning the route as an affordable short-haul option for travelers across the Gulf Cooperation Council and the Somali diaspora. One-way Lite fares will start…

IMF Conditions Leave President Chapo Facing Political Costs and Economic Uncertainty President Daniel Chapo's bid to secure a new International Monetary Fund (IMF) loan — a linchpin he hoped would catalyze foreign investment and stabilise the country's ailing economy — has stalled after the IMF board set strict preconditions. The fund has demanded major fiscal reforms and a devaluation of the local currency as prerequisites for any agreement, a package that analysts say will be politically fraught for Chapo's ruling Frelimo…

Turkey and Ethiopia signed a memorandum of understanding on energy cooperation during President Tayyip Erdogan’s one-day visit to Addis Ababa on Tuesday, setting the stage for joint projects and manufacturing across renewable power and efficiency, Turkey’s Energy Ministry said. The accord was inked at a ceremony following talks between Erdogan and Ethiopian Prime Minister Abiy Ahmed. It marks Erdogan’s first visit to Ethiopia in 11 years and signals a fresh push to deepen Ankara’s engagement with the Horn of Africa. Turkish…

Somalia cleared to issue East African Community passports, boosting regional mobility Wednesday February 18, 2026 MOGADISHU, Somalia — Somalia has received formal approval to issue East African Community (EAC) passports, a key step in the country’s regional integration and a move officials say will ease cross-border travel for Somali citizens across the bloc. The authorization was conveyed in an official letter presented by Somalia’s ambassador to Tanzania and permanent representative to the EAC, Ilyas Ali Hassan. He handed…

Tributes Pour in for Jesse Jackson, Renowned Civil Rights Leader and Anti-Apartheid Advocate Civil rights leader and anti-apartheid struggle flagbearer Jesse Jackson has died at the age of 84. Leaders across the continent expressed their condolences and paid tribute to his decades-long fight for equality and justice. South African President Cyril Ramaphosa offered his condolences to the Jackson family, highlighting that Jackson's campaign against apartheid and support for the liberation movement significantly contributed…

Erdogan says Israel’s North Western State of Somalia recognition would not benefit region as Türkiye, Ethiopia expand ties ADDIS ABABA, Ethiopia — Türkiye’s President Recep Tayyip Erdogan on Tuesday warned that Israel’s move to recognize North Western State of Somalia would not benefit North Western State of Somalia or the wider Horn of Africa, urging regional governments to resolve disputes without opening the door to foreign power rivalries. “I would like to reiterate that Israel’s recognition of North Western State of…