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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…

The New Wave: Japan's Growing Interest in Africa In a fascinating turn of events, Takehiko Matsuo, the Vice Minister for International Affairs at Japan’s Ministry of Economy, Trade and Industry, recently highlighted a shift in Japan's economic landscape. After struggling through nearly three decades of deflation, Japan is finally emerging from its economic chrysalis. What does this mean for the future? According to Matsuo, this transformation has sparked a renewed enthusiasm within the private sector, encouraging a…

On a day marked by significant developments, the Southern African Development Community (SADC) made a compelling decision to conclude its military involvement in the Democratic Republic of Congo (DRC). After years of complex engagement, this decision wasn’t just a moment in time; it was the culmination of extensive deliberations and strategic thought. The transition involves a thoughtful, gradual withdrawal of forces—an operation marked by its sensitivity and precision. As the SADC's communiqué succinctly…

In a bold move, British Prime Minister Keir Starmer has declared plans to dismantle NHS England, with the aim of "cutting bureaucracy" and restoring democratic oversight of the nation's health service. Starmer firmly believes that "decisions about billions of pounds of taxpayer money should not be taken by an arms-length body," and he promises transformative reforms intended to enhance patient care. During a visit to Hull, Mr. Starmer stated, "I can't in all honesty explain to the British people why they should spend their…

Aid Reevaluation: Germany's Decisive Step on Rwanda It can be a daunting task when a nation grapples with the complexities of international aid amidst conflict. Who could have thought that Germany, a key player in global development, would find itself reassessing its relationship with Rwanda, a country in the heart of Africa? On a Tuesday that promised to deliver headlines around the world, an announcement was made by the German development ministry. They’ve taken a bold step—suspending…

In a contentious decision, European Union member states have opted to reduce the protection status of wolves, sparking outrage among conservationists and setting the stage for a potential easing of stringent hunting regulations. The representatives from the bloc's 27 nations rallied behind a proposal aimed at amending an international wildlife agreement. This change would shift the classification of wolves from "strictly protected" to simply "protected." The European Commission, the body that originally advocated for this…

MOGADISHU, Somalia | The Somali government is expected to reduce costs incurred in several departments; Auditor General Mohamed Ali Afgoe has warned, in yet another tax strategy aimed at increasing the financial fortunes of the Horn of Africa nation, which is embroiled in a host of challenges. For decades, Mogadishu, which does not yet have a stable government, relied almost entirely on the international community for its financial survival, given the low revenues generated by national taxes. The country has implemented…

In Mali itself, the newspaper Malikilé wonders whether it is a "confession of failure in France's military strategy in the Sahel", a "bloodbath" or a "great irritation. The development of the situation in Mali". In all his questions, Malikilé also states that "the future candidate Emmanuel Macron saves himself a sword of Damocles over his head with possible reports of French soldiers being killed somewhere in the vast…

President Félix Tshisekedi has decided on an unlimited national curfew to deal with the second wave of Covid-19. A measure that will take effect on Friday 18 December. About 15,000 cases, including more than 360 deaths, have been registered across the country, but the authorities assure that the signals are red. as reported…

The G20 finance ministers have adopted a new framework that will make it possible to reduce, or even eliminate, some of the debt of the poorest countries in the world. One week before the next G20 summit, finance ministers have decided to go beyond the current moratorium on the debts of poor countries, a moratorium extended to June 2021, but not enough, while some countries in the south are already…