Kakuma, Kenya| Equity Bank Kenya, in collaboration with the International Finance Corporation (IFC), has unveiled a groundbreaking $20 million Risk Sharing Facility (RSF) aimed at expanding financial inclusion in underserved regions of Kenya. The initiative, launched in Kakuma, Turkana County, will be implemented across 14 marginalized counties, including Turkana and Garissa, home to the Kakuma […]
Farmers in the semi-arid Makima Ward, Embu County, have received a major boost after the County Government distributed Galla hybrid goats worth Sh2.3 million to improve livelihoods and enhance food security. A total of 178 goats, comprising 162 does and 16 bucks, were handed over to local farmers to help them diversify their income sources […]
Burkina Faso has made a historic leap in sustainable transportation with the launch of Itaoua, the country’s first-ever electric vehicle (EV) brand. Named after a village in Tanghin-Dassouri, Kadiogo Province, Itaoua represents a bold step towards modernizing the nation’s automotive industry while embracing environmental sustainability. This groundbreaking initiative is the result of a strategic partnership […]
Panama City| Panamanian President José Raúl Mulino has firmly dismissed any possibility of negotiations with the United States regarding the ownership of the Panama Canal, reaffirming that the strategic waterway belongs solely to Panama. “It is impossible; I cannot negotiate. The canal belongs to Panama,” Mulino declared unequivocally during a press conference on January 30. […]
The Kenyan government has disbursed grants totaling Sh128 million to fish farmers across 15 counties under the Aquaculture Business Development Programme (ABDP). The initiative, co-funded by the Government of Kenya and the International Fund for Agricultural Development (IFAD), aims to support smallholder farmers in aquaculture, enhancing their sustainability and profitability in fish farming. Empowering Fish […]
Dar es Salaam, Tanzania| President Samia Suluhu Hassan has outlined Tanzania’s strategic plans to leverage its geographical location as a crucial hub for connecting electricity networks across Eastern and Southern Africa. This initiative aims to facilitate seamless electricity trade between the Eastern Africa Power Pool (EAPP) and the Southern African Power Pool (SAPP), linking energy […]
The Kenyan government, in partnership with key players in the dairy sector, has unveiled the MoreMilk 2 initiative, a groundbreaking program aimed at improving milk safety, quality, and access to regulated markets for small-scale informal dairy businesses. The program also seeks to empower consumers to demand safer, high-quality milk and promote gender equity by fostering […]
In response to mounting concerns within the aquaculture sector, Cabinet Secretary for Mining, Blue Economy, and Maritime Affairs, Ali Hassan Joho, has constituted a 12-member taskforce to review the Fisheries Management and Development (Aquaculture) Regulations 2024. This decisive action follows a High Court suspension of the regulations, initially set to take effect on January 1, […]
The global economy has suffered a staggering $200 billion in damage due to the activities of Yemen’s Houthi rebels, according to a recent analysis by The Economist. The disruption, which has had far-reaching consequences, has significantly impacted international trade and maritime logistics, forcing nations and industries to grapple with skyrocketing costs and economic uncertainty. Background […]
