Central Bank of Kenya buys dollars to slow down strengthening of the shilling against hard currencies
The government also sold a 70 billion shilling infrastructure bond, receiving over 288 billion shillings of bids, a 412 per cent subscription rate, with strong offshore investor participation. The Kenyan shilling extended gains on Wednesday, hitting its strongest in more than three months as confidence the government would pay off a Eurobond maturing in June buoyed investor appetite.
Rhinos are returned to a plateau in central Kenya, decades after poachers wiped them out
The successful move of 21 eastern black rhinos to a new home will give them space to breed and could help increase the population of the critically endangered animals. It was Kenya’s biggest rhino relocation ever.
Ecuador, Haiti set to become main sources of refugees fleeing insecurity and climate change
In Ecuador, conflict between government forces and criminal groups is escalating, the IRC said. Last month, a wave of violence resurged after a gang leader escaped from prison, shown most dramatically when an armed group stormed into a live TV news broadcast.
Haiti reveals it is fine tuning deal with Kenya for deployment of police as 800 die gang warfare
The deployment was requested by Haitian Prime Minister Ariel Henry in October 2022 and approved by the UN Security Council a year later. But it has since encountered multiple legal obstacles as gang warfare in Haiti’s capital and beyond continues to rise.
Japan’s unexpected slip into recession elevates Germany to world’s third biggest economy
While many analysts still expect the Bank of Japan to phase out its massive monetary stimulus this year, the weak data may cast doubt on its forecast that rising wages will underpin consumption and keep inflation durably around its 2 per cent target.
After genocide, Rwanda re-organised its education system to inject quality that Uganda can borrow a leaf from
Rwanda was also affected by globalisation, with all its “vices” of privatisation, massification and marketisation of education. However, patriotism, which is not officially taught like we do in Uganda, pushed the Rwandese government to rethink what the education system was producing. It rethought the products from the private education institutions and the entire education system.
Report: World has entered era of instability as Africa becomes key market for new arms exporters
The combination of Russia’s war on Ukraine and rising tensions between China and Western countries have been principal drivers of military spending. Global defence spending is up 9 per cent to a record $2.2 trillion from the previous year and poised to rise further in 2024, based on already announced spending commitments.
Long orphaned, sorghum farming makes grand return to western Kenya as indigenous crops reclaim niche
Sorghum is Africa’s second most important cereal because it is the primary source of daily calories for approximately 300 million people. However, the crop had vanished from Kenyan farms as a result of large-scale maize farming in areas that traditionally grew sorghum and its ‘sister’ crop, millet.
Commecial fish farming becomes key investment area as blue economy takes root in rural Kenya
County industrialisation and trade executive Kassim Were says successful implementation of the programme that targets 7,000 fish ponds that will supply five tonnes of fish per day will further diversify the local economy that hitherto depends on sugarcane, maize and dairy farming. However, continued subdivision of agricultural land into smallholdings has rendered available land for farming uneconomical for commercial production of the two crops and livestock keeping, hence the steep decline in output.
WHO ‘desperate’ as New Zealand, Iran reject amendments to international health regulations
The agreement between the parties in New Zealand’s governing coalition stipulated that New Zealand would lodge a “reservation” against the 2022 IHR amendments.
