annual

The African Economic Outlook Kenya Country Focus Report, recently unveiled in Nairobi, brings to light critical vulnerabilities within Kenya's economic framework. Through an examination of mismanagement, extensive tax exemptions, and lax oversight mechanisms, the report illustrates how these factors are gradually eroding the nation’s revenue base and stifling its ability to fund essential sectors of growth. Public Spending Inefficiencies and Tax Waivers Take a Toll One of the most striking figures from…

In recent years, the continent of Africa has faced significant challenges in economic growth, primarily due to losses that severely hinder foreign direct investment (FDI) and development assistance. This loss is more than a statistic; it resonates in the lives of millions who are deprived of essential resources necessary for infrastructure, healthcare, and education. The underlying culprits—illicit financial flows—are often driven by practices such as capital flight, tax evasion, and crimes ranging from money laundering to…

In a world where financial platforms often require users to make difficult choices between harvesting rewards and holding onto their funds, Sentz emerges as a refreshing alternative. With its self-custodial nature, Sentz allows users to earn daily-compounding rewards without the necessity of locking away their money. Isn't it a relief to know that you can have your cake and eat it too? "Traditional financial systems often force users into a binary choice: growth or…

In a thought-provoking interview, Mr. Nkaw shed light on the often-overlooked consequences of gas flaring—a practice that remains alarmingly prevalent in our energy sector. He meticulously detailed how the unresolved issue of excess gas processing leads to not just financial waste, but also significant environmental and health repercussions. Flaring, a method of burning off excess natural gas, contributes to a myriad of challenges that extend beyond the immediate economic implications. “We have data that shows…

As a father to a remarkable 24-year-old son who is autistic and as a co-founder of Daryeel, I have experienced, firsthand, the transformative power that dedicated support can bring to individuals and families. The recent event, held on April 11, 2025, in London, was more than just an occasion for raising awareness; it was a heartfelt celebration of neurodivergent excellence and an earnest confrontation of the systemic barriers that persist within our communities. Section 1: Transformative Highlights 1.1 The Power of…

Reimagining Trade in African Economies We often hear the phrase "money makes the world go round," but have you ever paused to consider whose money does that? For the African continent, the answer often points towards foreign currencies. Unfortunately, these aren't just facilitating trade; they're silently eroding Africa's economic potential. Historically, African nations have predominantly conducted trade—both amongst…

On Monday, January 27, the Supreme Court of Liberia found itself noticeably absent from a pivotal moment in the political arena: President Joseph Boakai's constitutionally mandated annual address. As he spoke, the seats reserved for the five justices sat barren, a striking tableau that raised eyebrows and sparked a whirlwind of speculation. Did they choose to stay away to avoid giving a nod of legitimacy to the executive branch's recognition of Richard Nagbe Koon, the ruling Unity Party's pick for Speaker of the House of…

Istanbul (AX) — The 10th Annual International Conference of the Global Somali Diaspora (GSD) kicked off in Istanbul on Saturday, honing in on the crucial part the Somali diaspora plays in the nation's rejuvenation and development. Fathudin Ospite, the Somali Ambassador to Turkey, spotlighted the significance of this gathering. The event has drawn several ministers from the Somali federal government and esteemed delegates worldwide. He stated, "A substantial Somali community, primarily students, lives in Turkey, cementing…

House dancing, locking, popping or even top rock, it is in front of a full house that the artists compete for these street dances whose figures are exclusively attached standing. A rare space where young people have their place, Jessica, 15, notes: “Standing dance gives us young Madagascans the opportunity to develop and show that we have things to say. That's why I'm very involved in this dance. When I am angry, melancholy or happy, I express it with this art. There are not many places dedicated…

AXADLE, Northeastern State - Somalia's northeastern part of Northeastern State on Saturday received a large number of distinguished guests ahead of the annual Forum for Ideas 2020, scheduled for 29 December.