Browsing Tag

Assets

President Ruto: Kenya Aims to Privatize State Assets to Attract Investors

On June 30, 2025, a significant milestone was reached in Seville, Spain, as Kenya’s President William Ruto took to the stage during the launch of the Sevilla Platform for Action at the 4th International Conference on Financing for Development. His remarks resonated not only within the walls of the conference but echoed across continents as they laid out a roadmap for a financially robust future for Kenya. In a world increasingly characterized by economic uncertainty, Ruto’s vision provides a glimmer of hope. During an…

Kenya Aims to Sell State Assets to Reduce Debt and Boost Investment

In a bold move aimed at invigorating the economy and drawing in private sector investment, Kenya is gearing up to privatize a number of state-owned enterprises through initial public offerings (IPOs). President William Ruto articulated this vision during a recent address at the London Stock Exchange, emphasizing the need for a modern and dynamic approach to national economic management. The journey towards privatization is set to kick off later this year with the listing of the Kenya Pipeline Company on the…

French Nuclear Firm Weighs Sale of Niger Assets Amid Tense Junta Relations

In recent months, the relationship between the French state-owned nuclear fuel company, Orano, and the military government of Niger has been deteriorating, raising pivotal questions about the future of uranium mining in the region. Orano is now contemplating the sale of its uranium assets within Niger—a critical decision that reflects both geopolitical tensions and the complex landscape of international mining. This shift comes on the heels of a coup in early 2023, which saw the military junta ousting a…

UNIFIL: Israel’s Demolition of Its Own Assets Violates Global Legal Standards

The United Nations peacekeeping contingent operating in southern Lebanon has vocalized grave concerns regarding what it describes as the Israeli military’s "intentional and overt destruction" of its assets. This, they assert, constitutes a "blatant breach" of international law. This considerable UN force, known as UNIFIL, consists of around 10,000 personnel dedicated to observing tensions along the 'blue line,' which delineates the boundary between Lebanon and Israel. Among these peacekeepers, a contingent of 340 personnel…

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