Uproar over efficacy of its Covid vaccine forces Moderna to pause plans to build factory in Kenya
The drugmaker said it had taken more than $1 billion in losses and write-downs related to the cancellation of previous orders from Africa.
Kenyan private sector activity slows as impact of easing of fuel prices and stronger shilling is felt
The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) fell to 49.7 in March from 51.3 a month earlier. Readings above 50.0 signal growth, while those below point to a contraction. In February, it was the first time since August that the figure had gone above 50.
Kenya government on strike: Authorities in East African nation ‘boycott’ doctors’ industrial action
The Kenyan health sector, which doctors say is underfunded and understaffed, is routinely beset by strikes. Talks between the two sides aimed at ending the ongoing strike have so far not borne any deal and other health workers, such as clinical officers, have also joined the doctors in the strike, domestic media reported on Tuesday.
Nigeria’s Access Holding to seek shareholders’ nod to raise $1.5 billion via share or bond sale
Shares of Nigerian-based Access Group, which operates across 15 countries, mostly in Africa but including Britain and France, rose 2.08 per cent to 24.50 naira on the Nigerian bourse. They hit a high of 30.70 naira in January.
Neighbours Kenya and Uganda resolve their oil importation row through Mombasa port
Landlocked Uganda imported $1.6 billion worth of petroleum products in 2022, mostly originating from the Gulf. Some 90 per cent of the products are imported through Kenya.
On the mend: Kenya Airways rakes in $80 million to record first operating profit since 2017
The airline expects to receive an additional cargo freighter soon and it will receive another Boeing 737-800 passenger jet by the third quarter of this year to boost capacity, Kilavuka said.
Hazardous textile waste: Kenya’s secondhand clothes traders oppose EU ban on used clothes export
The EU exported 1.4 million tonnes of used textiles in 2022, more than twice as much as in 2000 according to UN trade data. Exports to developing countries can lead to pollution when clothes that cannot be resold end up in dumps, the EU has said.
4 people, including 3 police officers, die after an IED explodes near police station in northern Kenya
The latest attack followed another one on Sunday in coastal Kenya’s Lamu County, where two police reservists were also killed. The area has a forest that has often been the site of security operations because it’s a known hideout of al-Shabab militants.
Water: Kenyans in semi-arid regions turn to sand dams on seasonal rivers to trap surface runoff
Many people in Kenya’s dry southeastern region rely on boreholes and rivers for water, but many boreholes produce saline water and permanent rivers are few and far for most people. Earth dams are another source, but they’re also few and require regular desilting.
‘I’d never be happy to see foreign boots in my country but in current situation Haiti is a sort of prison’
Once financed by the elites who were keen for their muscle to secure votes, get protection against enemies or prevent robberies in companies located near the slums, Haitian gangs now rely on extortion, kidnapping, so-called “taxes”, and arms and drug trafficking to make money.
