Why trying to simply declare independence from US dollar and technology isn’t a viable option
In Europe, discussions are coalescing around an ambitious idea called EuroStack, an EU-led “digital supply chain” that would give Europe technological sovereignty independent from the US and other countries.
‘Enshittification’ of American power: How US hegemony is sustained by network logic that’s difficult and expensive to break away from
So dollar clearing is an expedient. It’s also the chief enforcement mechanism of US financial policy across the globe. If foreign banks don’t implement US financial sanctions and other measures, they risk losing access to US dollar clearing and going under. This threat is so existentially dire that, when Lam was placed under US sanctions
For disrupting and democratising traditional banking services, Equity Bank has no equal n East Africa
Omar declared, “Thomas Sankara once said, ‘The ones who feed you, rule you.’ In today’s context, we might say, ‘The ones who finance you, empower you’,” insisting that strong African-owned banks are critical to scaling development and banks like Equity Bank are at the forefront of that mission.
Kenya plans Jumuiya Market that ‘converges’ East African Community business, trade in Kisumu
Governor Nyong’o welcomed the initiative, saying it aligns with the county’s vision to transform Kisumu into a regional trade hub.
Gold rush: Discovery of precious mineral touches off a mad scramble in Sindo town in Homa Bay County
National Council of Churches of Kenya, Homa Bay County Chair Ken Ouma called for caution noting that in the past, the area witnessed a landslide that killed four people. He feared mining could lead to disasters if uncontrolled stressing: “The government should regulate mining at the site to curb adverse effects.”
While Africa has been vital to development of HIV medication, Trump’s funding cuts to UN threatens vaccine research
Significant advances have included clinical trials for lenacapavir, the world’s only twice-a-year shot to prevent HIV, recently approved for use by the US Food and Drug Administration. One study to show its efficacy involved young South Africans.
Homa Bay County in Lake Victoria Basin launches half marathon to promote Ruma National Park tourism, protect rare antelope
The Kenya Wildlife Service (KWS)’s official Kennedy Ochieng said the event will enhance conservation of the roan antelope. He said the roan antelopes sometimes suffer environmental challenges that are being addressed.
Diminishing interest in President Ruto in Kakamega prods him to deploy military to complete stalled hospital project
The 900-bed Hospital is expected to create 5,000 jobs, promote medical tourism and provide learning and practical exposure to medical students. The completion of the hospital that was intended to take pressure off Kenyatta National Hospital in Nairobi and Moi Teaching and Referral in Eldoret by specialising in – among other services – the treatment of cancer, dialysis, hypertension and diabetes.
Air India crash investigation report pinpoints pilot confusion that led to the accident that killed 260
The commanding pilot of the Air India plane was Sumeet Sabharwal, 56, who had a total flying experience of 15,638 hours and, according to the Indian government, was also an Air India instructor. His co-pilot was Clive Kunder, 32, who had 3,403 hours of total experience.
Kisumu launches fibre boats to enhance safety of fishing community, blue economy on Lake Victoria
Artisanal fishing Fibre Boats constructed at the Kenya Shipyards Limited Kisumu. The County government plans to deploy them at major beaches in the area to enhance safety and boost blue economy. Credit: Chris Mahandara.
