Kenya is grappling with a host of economic challenges including a vast debt mountain, cost of living crisis and tumbling currency. The IMF said in a statement published on Wednesday that its executive board had approved the $941.2 million loan, with an immediate disbursement of $624.5 million. Total payments under various credit facilities amount to […] The post IMF approves new $941m loan for
Chairman of the Automobile Dealers Union of Ghana, Kwaku Boateng, has declared his intention to unseat the incumbent Member of Parliament, Mavis Hawa Koomson in the upcoming battle for the New Patriotic Party’s parliamentary candidacy in Awutu Senya East constituency. Boateng confidently asserts that he will secure a 90% victory in the parliamentary primaries. Although […] The post Kwaku
A former Kenyan tourism minister has been arrested and taken to court over corruption allegations. Najib Balala, and other ex-officials, are accused of inflating the cost of a project to build a tourism college. In court, he denied the charge of abuse of office relating to an irregular payment worth $21m (£17m), the Nation newspaper […] The post Najib
Kenya and the European Union have signed a long-negotiated trade agreement to increase the flow of goods between the two markets, as Brussels pursues stronger economic ties with Africa. The agreement signed on Monday is the first broad trade deal between the EU and an African nation since 2016 and follows a spending spree by […] The post EU, Kenya sign landmark trade deal appeared first on The
John-Peter Amewu Minister for Railways Development, John-Peter Amewu, has stated that the construction of the Western Railway Line on standard gauge from Takoradi Port to Huni Valley is facing ‘serious challenges’ due Read More... The post Galamseyers Attack
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