Economy
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IMF Reaches Deal With Tanzania to Unlock $266 Million in Funding
Tanzania will receive close to $266 million from the International Monetary Fund after reaching a deal to secure the next…
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Uganda Plans to Build $600 Million Rail Line
Uganda plans to build a rail line linking a town in the east to a proposed port on Lake Victoria…
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Courts Hand Ruto Lifeline in Affordable Housing Ruling
The High Court has ruled that the Housing Levy, a central component of the Finance Act 2023, was properly enacted.…
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Africa’s Progress in Reforming Global Financial Infrastructure: Challenges and Opportunities
A recent report by the African Future Policies Hub has revealed slow progress in addressing Africa’s critical need for climate…
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IMF to Review Kenya’s $3.9 Billion Loan Program on October 30
The International Monetary Fund (IMF) executive board is set to deliberate the next disbursement in Kenya’s $3.9 billion loan program…
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Court Clears Senate on Impeachment Trial of DP Gachagua
The High Court of Kenya has allowed the Senate to move forward with impeachment proceedings against Deputy President Rigathi Gachagua.…
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Uganda Signs $2.95 Billion Deal for SGR Extension to Kampala
Uganda has signed a €2.7 billion ($2.95 billion) deal with Turkish construction firm Yapi Merkezi Holdings AS to build a…
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Zoho Unveils Zoho IoT Platform to Revolutionize Business Automation and Connectivity
Zoho Corporation has launched Zoho IoT, a low-code platform designed to help businesses of all sizes create and deploy custom…
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Uganda’s Anti-LGBTQ Laws Have Cost the Nation $1.6 Billion, New Report Shows
Uganda has lost approximately $1.6 billion since implementing its controversial anti-LGBTQ laws in May 2023, according to a new study.…
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Adani Group Seeks to Invest $900 Million in Tanzania Power Lines
Tanzania is in talks with the Adani Group for a $900 million public-private partnership project to construct high-voltage power lines.…
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