Lawrence Baraza
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International
U.S Federal Reserve Lowers Interest Rate by 50 Basis Points; What it Means
The US Federal Reserve (Fed) has reduced the interest rates by 50 basis points (bps), setting it between 4.75% and…
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East Africa
IMF’s $1 Billion Program Expires, Denying Uganda Final Payout
An International Monetary Fund (IMF) program for Uganda expired, denying the East African nation a final disbursement after it failed…
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Kenya
It Was Productive: Says IMF After Meeting Kenyan Team on Anti-Tax Protests
The International Monetary Fund (IMF) said on Tuesday it held productive discussions with the Kenyan government on its plans to…
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Kenya
JPMorgan Boss Dimon to Visit Kenya in Lender’s Expansion Plan Across Africa
JPMorgan Chase CEO Jamie Dimon is set to visit Kenya in mid-October, marking his first trip to Africa in seven…
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Kenya
Nairobi-Based Flux Sells Africa’s First Carbon Dioxide Removal Credits
Flux, a climate startup based in Nairobi, has made a historical gesture to sell Africa’s first carbon dioxide removal credits…
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Northern Africa
Saudi Sovereign Wealth Fund Poised for $5B Investment in Egypt
Saudi Arabia’s sovereign wealth fund is set to invest $5 billion in Egypt, marking the latest Gulf funding for the…
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Corporate
AfDB Launches New Digital Platform to Track Gender Equality Progress
The African Development Bank Group (AfDB) has launched a new digital platform to track progress across its programmes and projects.…
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Lifestyle
Bill Gates Turns to Cow Milk, Gut Bacteria With $922 Million to Fight Malnutrition
Bill Gates is urging world leaders to intensify efforts to combat a growing child nutrition crisis that is causing significant…
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Kenya
IMF Team in Kenya to Assess Economic Risks of Tax Protests
An International Monetary Fund (IMF) delegation has arrived in Kenya to assess the economic fallout from a recent court ruling…
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East Africa
Adani, AfDB Get $1.3 Billion Grant for Kenya Power Lines
The Kenya Electricity Transmission Co. (Ketraco) has awarded Adani Group and a unit of the African Development Bank a public-private…
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