Kenya now wants China to convert dollar rail loan into yuan for lower interest rate
Last year, the East African nation’s efforts to hike taxes to improve its financial situation sparked deadly protests, leading the government to backtrack. It has since tried to find other ways to create more fiscal space.
Japan’s Samurai loans Kenya’s $169 million to boost vehicle assembly industries, energy production
Speaking on the sidelines at TICAD on Thursday, Raphael Otieno, Kenya’s director-general of debt management in the ministry of finance, said Nairobi’s debt strategy is shifting focus from short-term refinancing risks to addressing high borrowing costs.
20 people, including five journalists, killed in an Israel attack on a Gaza hospital
Prime Minister Benjamin Netanyahu’s office said Israel deeply regretted what he called a “tragic mishap”. Israel valued the work of journalists and medical staff, he said, adding that Israel’s war was with Hamas.
British Army in Kenya comes fire for promoting ‘transactional sex’ in Nanyuki as UK pays out £2.9m over wildfires
A report released by Britain’s Ministry of Defence earlier this month shows that, despite instituting a ban against transactional sex, British soldiers stationed in central Kenya’s Nanyuki area continue to fuel prostitution, which is illegal in Kenya.
WHO data show more women die giving birth in Nigeria than anywhere else in the world
The prospects of more health resources have dwindled in the region. US foreign aid data shows that Nigeria received almost $4 billion in aid from the now-dismantled US Agency for International Development between 2020 and 2025, with $423 million going to maternal health and family planning.