Tanzania in Critical Minerals Stage after signing $1 billion mining deals with Australia, US
The US announced plans last March to boost bilateral trade and investment with Tanzania, recently signing a $500 million trade deal to enable the export of goods and services in infrastructure, energy security and power generation, among other strategic sectors.
Kenya walks tightrope as finance minister allays fears over foreign debts, shrinking hard currency reserves
Njuguna Ndung’u was responding to a research note by US investment bank JPMorgan which said on Tuesday that the East African nation was “walking a tightrope” to avoid a crisis due to a maturing dollar bond and persistent currency weakness.
Appeals court rejects Trump’s push to delay trial in wake of fraud ruling that threatens his business
Trump has denied wrongdoing, arguing that some of his assets are worth far more than what’s listed on annual financial statements that Engoron said he used to secure loans and make deals. Trump has argued that the statements have disclaimers that absolve him of liability. His lawyers have said they would appeal.
New York court finds Trump guilty of swindling banks, insurers while building real estate empire
Beyond mere bragging about his riches, Trump, his company and key executives repeatedly lied about them on his annual financial statements, reaping rewards such as favourable loan terms and lower insurance costs, Engoron found.
Kenyan innovators to compete globally in inDrive’s Underdog Tech Award for startups
Early-stage technology startups located outside major IT hubs, specifically those in US, Israel and Europe, can participate in the Underdog Tech Award selection process. To be eligible for entry, startups must have a significant positive impact on their communities (or have the potential to do so), and have good prospects for rapid scaling.
How enterprising Florida-based couple pooled resources to set up steel engineering business
The company opened its business to consumers on September 15, 2023, after three years in ‘gestation’ to firm up its business plan ahead of the roll out in Florida and eventual spreading out wings to the rest of the United States and world.
Appeals Court: Biden violated First Amendment by pressuring Big Tech to censor social media content
The judges said Biden administration officials “have engaged in a broad pressure campaign designed to coerce social-media companies into suppressing speakers, viewpoints, and content disfavoured by the government. The harms that radiate from such conduct extend far beyond just the plaintiffs; it impacts every social-media user.”
Biden: Whatever happens to China’s economy, US will still fund economies in ‘Global South’
The IMF forecasts that the Middle East, Central Asia, developing countries in Asia and sub-Saharan Africa will deliver between 3.2 per cent and 5.0 per cent GDP growth next year, faster than the 1.0 per cent they projected for the United States and 3.0 per cent globally.
India plays down Chinese President Xi Jinping missing G20 summit, says it won’t affect consensus
G20 groups the 20 major economies of the world but it has been divided due to differences over the war in Ukraine. The absence of Putin and Xi as well as divisions over the war mean it would be difficult to arrive at a consensus Leaders Declaration at the summit, analysts and officials have said.
India’s PM Narendra Modi uses G20 summit in Delhi to popularise self abroad, lure voters at home
The Modi government has gone into high gear, promoting India as a bridge to the developing world and arguing it is well-placed to tackle issues of climate change, terrorism and the debt crisis. His administration is also highlighting India’s position as a growing power courted by major Western countries, particularly after US President Joe Biden’s state visit in June.
