International News Archives - Page 24 of 57

IMF Approves Ksh 78.3 Billion Loan to Kenya to Support Economic Stability and Climate Resilience

Eniola OladeleOctober 31, 2024

by Eniola OladeleOctober 31, 2024065

The International Monetary Fund (IMF) has approved a significant loan package for Kenya, amounting to approximately Ksh 78.3 billion (USD $551.4 million). This funding comes...

Africa BUSINESS

Rinehart’s Hancock Prospecting Acquires MinRes Gas Assets for $1.1 Billion

Eniola OladeleOctober 31, 2024

by Eniola OladeleOctober 31, 2024080

The binding sale-and-purchase agreement would see MinRes sell 100% of its exploration permits 368 and 426 in the Perth basin to Hancock, while also entering...

Africa ECONOMY International News

Vaal Dam Water Level Drops to 34.8%, Raising Concerns Over Water Security

Eniola OladeleOctober 31, 2024

by Eniola OladeleOctober 31, 20240124

The Vaal Dam, one of South Africa’s largest and most crucial water reservoirs, has dropped to 34.8% of its capacity, sparking concerns over water security...

Africa International News

Special Envoy for Sudan Perriello Embarks on Diplomatic Tour to Kenya, Uganda, Saudi Arabia, and Egypt

Eniola OladeleOctober 31, 2024

by Eniola OladeleOctober 31, 2024077

In a crucial effort to address the escalating crisis in Sudan, U.S. Special Envoy for Sudan, Thomas Perriello, has embarked on a diplomatic mission to...

Africa International News

MV Kathrin, German-Flagged Ship Carrying Explosives for Israel, Docks in Egypt’s Alexandria Amid Controversy

Eniola OladeleOctober 30, 2024

by Eniola OladeleOctober 30, 20240101

German-owned cargo ship MV Kathrin carrying explosives destined for Israel, has docked in the port of Alexandria, Egypt, raising serious concerns among pro-Palestine groups about...

Africa POLITICS

Botswana President Defends Electoral Commission as Citizens Cast Votes in General Elections

Eniola OladeleOctober 30, 2024

by Eniola OladeleOctober 30, 2024073

Botswanan President Mokgweetsi Masisi is defending the country’s electoral body amid criticism of its preparedness as voting began Wednesday. Critics said some polling stations...

Africa TECHNOLOGY

Jordan and Egypt Sign Agreement to Build New Natural Gas Pipeline, Boosting Regional Energy Collaboration

Eniola OladeleOctober 30, 2024

by Eniola OladeleOctober 30, 2024078

Jordan and Egypt have recently signed a significant energy cooperation agreement to enhance natural gas infrastructure and supply. This deal enables Egypt to utilize the...

Africa International News

UN Security Council Approves Transition of Somalia Mission to African Union-Led AUSSOM in 2025

Eniola OladeleOctober 30, 2024

by Eniola OladeleOctober 30, 2024076

The UN Security Council adopted a resolution Wednesday that allows the transition of the UN Assistance Mission in Somalia (UNSOM) to the UN Country Team...

Africa ECONOMY

Experts Warn That Regulatory Constraints Are Hindering Ethiopia’s Economic Growth Amidst Reform Efforts

Eniola OladeleOctober 30, 2024

by Eniola OladeleOctober 30, 2024052

Experts have raised concerns that existing laws and regulations in Ethiopia are obstructing the country’s pursuit of economic growth. Among the regulations cited are those...

Africa BUSINESS

L&T Shares Rise as Power Transmission Division Secures Major Orders in Middle East, Africa

Eniola OladeleOctober 30, 2024

by Eniola OladeleOctober 30, 2024099

Larsen & Toubro added 1.34% to Rs 3426.35 after the company’s Power Transmission & Distribution (PT&D) vertical won new ‘major’ orders in the Middle-East and...

Africa BUSINESS

Growthpoint Laments Rising Rates and Taxes Amid Decline in Service Delivery

Eniola OladeleOctober 30, 2024

by Eniola OladeleOctober 30, 2024076

Growthpoint Properties, one of South Africa’s largest property investment firms, has raised concerns over the steep increase in municipal rates and taxes, which has severely...

Africa ECONOMY International News

EMMA LOUISE POWELL: Prioritizing South Africa’s National Interests A Review of the BRICS Summit

Eniola OladeleOctober 30, 2024

by Eniola OladeleOctober 30, 2024076

As SA enters the era of coalition politics, the government of national unity (GNU) must unite in developing a strategic, coherent and consistent foreign policy...

Africa POLITICS

Algeria Reveals Acquisition of Russian Iskander-E Ballistic Missile System

Eniola OladeleOctober 29, 2024

by Eniola OladeleOctober 29, 20240119

The Iskander system, developed by Russia, has a range of up to 500 kilometers and can reach speeds of up to Mach 6. It is...

Africa POLITICS

Former Minister Bitangaro Charged Over Shs 1.3 Billion Fraud

Eniola OladeleOctober 29, 2024October 29, 2024

by Eniola OladeleOctober 29, 2024October 29, 2024047

Former Bufumbiro South County MP Sam Bitangaro has been charged by the Anti-Corruption court in Kampala with fraud and conspiracy to defraud Kiboga Twegate Cooperatives...

Africa TECHNOLOGY

Building Sustainable Smart Cities: Tech Innovations in Urban Development

Eniola OladeleOctober 29, 2024

by Eniola OladeleOctober 29, 2024069

As Africa continues to urbanize rapidly, the need for sustainable and efficient urban development has never been greater. This article explores how technology is driving...

Africa ECONOMY

South Sudan Farmers Face Crippling Fuel Shortages and Bird Infestations Amid Economic Crisis

Eniola OladeleOctober 29, 2024

by Eniola OladeleOctober 29, 2024090

JUBA Farmers in South Sudan’s Ruweng Administrative Area (RAA) are facing a double whammy of fuel shortages and destructive bird attacks, threatening their livelihoods and...

Africa POLITICS

Mokgweetsi Masisi Defies IMF Recommendations, Continues High Spending Ahead of Elections

Eniola OladeleOctober 29, 2024

by Eniola OladeleOctober 29, 2024075

In a bold pre-election move, Botswana’s President Mokgweetsi Masisi has maintained significant spending on domestic initiatives despite advice from the International Monetary Fund (IMF) urging...

Africa Agriculture International News

Agricultural Experts Push to Enhance Smallholder Farmers’ Production

Eniola OladeleOctober 28, 2024October 28, 2024

by Eniola OladeleOctober 28, 2024October 28, 20240113

Agricultural experts are increasingly focusing on enhancing the productivity of smallholder farmers, who form the backbone of agricultural production in many developing regions. These farmers,...

Africa International News

Sudan: UN Coordinator Condemns Escalating Violence in Al Jazirah Region

Eniola OladeleOctober 28, 2024

by Eniola OladeleOctober 28, 2024072

The United Nations’ humanitarian coordinator for Sudan has expressed grave concern over the intensifying violence in Sudan’s Al Jazirah state, where clashes have led to...

Africa ECONOMY

Rising Tensions Signal Potential for New Conflict in Africa

Eniola OladeleOctober 28, 2024

by Eniola OladeleOctober 28, 2024083

In recent months, growing tensions across parts of Africa have sparked concerns about the potential for new conflicts in a region already dealing with significant...

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