Lawrence Baraza
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West Africa
WHY Dangote is Selling Multi-Billion-Dollar Refinery to NNPC
Aliko Dangote, Africa’s wealthiest man, has expressed his willingness to sell his multi-billion-dollar oil refinery to the state-owned energy company…
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Kenya
Details of Kenya’s Ksh.70 Billion Debt Repayment in July
Kenya spent about Ksh.70 billion to repay its debt, according to the latest records from the Treasury. The debt repayment…
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Kenya
Kenya’s Forex Reserves Drops to Ksh.63 Billion on Debt Repayment
Kenya’s foreign exchange reserves dropped by $487 million (Ksh.63.9 billion) in the week ending July 19, 2024. This is after…
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Sport
Fenty Beauty Secures Partnership for 2024 Olympic, Paralympic Games
Pop icon and cosmetics mogul Robyn “Rihanna” Fenty’s brand, Fenty Beauty, has secured a landmark deal as the official makeup…
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Markets
Kenyan Ride-Hailing Drivers Threaten New Protests After Unsuccessful Strike
Kenyan ride-hailing drivers are poised to protest again on Wednesday after a previous strike from July 15th to 19th failed…
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Southern Africa
World Bank Pledges $100 Million to Enhance Zambia’s Digital Infrastructure
The World Bank has pledged $100 million to boost Zambia’s digital infrastructure, aiming to expand internet access across the nation.…
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International
President Joe Biden Announces Withdrawal from 2024 Presidential Race
President Joe Biden has announced his withdrawal from the 2024 presidential race. This decision comes amidst mounting pressure from fellow…
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Commodities
Do Kenyans Have Option for Affordable Fuel? Here’s List of Countries With Cheapest Fuel Globally
Several major oil-producing countries, including Libya, Venezuela, Kuwait, and Saudi Arabia, benefit from very low domestic fuel costs. Among these…
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International
Elon Musk to Move SpaceX and X Headquarters Over Homosexuality Laws
Billionaire Elon Musk has announced plans to relocate the headquarters of his companies, SpaceX and social media platform X, from…
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Corporate
HSBC Appoints Georges Elhedery as New Chief Executive
UK-based banking giant HSBC has announced that Georges Elhedery, 50, will become its next chief executive, succeeding Noel Quinn who…
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