Somalia
VIDEO: Somalia’s $2 Billion Banking Industry Confronts Obstacles in Embracing Cryptocurrency
Mogadishu (AX) — Somalia’s banking industry, worth a cool $2 billion, is gearing up for some serious expansion. This growth spurt is…
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billion
World
Biden Declares $8 Billion Military Support Package for Ukraine
In a significant move, President Joe Biden has unveiled over $8 billion in military aid aimed at assisting Ukraine in its struggle…
East-Africa
Kenya Nears Agreement on $1.5 Billion Budget Support Loan from UAE – Insider
Kenya’s administration is on the cusp of securing a hefty $1.5 billion loan from the United Arab Emirates at an 8.2% interest…
East-Africa
Kenya’s Foreign Exchange Reserves Climb to $7.85 Billion
Kenya’s foreign exchange reserves have hit an all-time peak of $7.85 billion as of Thursday, notching up gains for the third week…
East-Africa
Advocacy Groups Assert Kenya’s Sh6 Billion Mpox Funding Falls Short
Public Health and Professional Standards PS Mary Muthoni in Nairobi on September 18, 2024. Image: HANDOUT Kenya’s proposed Sh6.7 billion Mpox response…
East-Africa
Ruto states Kenya requires Sh106 billion for police reform implementation
President William Ruto during an event at the Kenya School of Government on September 16, 2024. Image: PCS During an event brimming…
East-Africa
China Commits $51 Billion to Africa, Vowing Employment Opportunities, Infrastructure Development, and Sustainable Energy Solutions
China Commits $51 Billion to Africa: A Pledge for Jobs, Infrastructure, and Sustainable Energy In a significant address to representatives from over…
Somalia
China to give Africa $50 billion over next three years
Thursday's China-Africa forum produced a myriad of agreements between China and more than 50 African countries in areas ranging from industry and…
East-Africa
Erdogan guarantees EUR 2.5 billion in investments
Abiy Ahmed visited Ankara on Wednesday, August 19, where he met his Turkish counterpart Recep Tayyip Erdogan. A visit organized on the…
East-Africa
Tanzania relaunches $ 10 billion port undertaking with China, India
Tanzania relaunches $ 10 billion port undertaking with China alongside Indian Ocean TANZANIA – The Tanzanian authorities has relaunched a $ 10…
Somalia
Mastercard offers AU $ 1.3 billion dollars
The announcement was made on Tuesday in New York. This is the largest private donation for the purchase of anticovid vaccine to…
