West-Africa
Somali Cabinet Gives Green Light to $1.3 Billion Budget for 2025 Fiscal Year
Mogadishu (AX) – At a special gathering led by Prime Minister Hamza Abdi Barre, Somalia’s Cabinet of Ministers gave the green light…
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billion
Somalia
How Africa Forfeits More Than $300 Billion Each Year Due to Unlawful Financial Outflows
“The definition requires broadening because businesses are indulging in activities that, while not criminal, significantly impact domestic resource mobilization.” The world lacks…
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…
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…
