Countries

President Ruto
  • US Congress members ask Speaker Mike Johnson to invite President Ruto to address the assembly.
  • President Ruto will be visiting the US on May 23 to mark 60 years of US-Kenya diplomatic ties.
  • If invited, President Ruto would become the first Kenyan Head of State to address a joint session of US Congress.

In a historic plan highlighting the deepening ties between the United States and Kenya, House Foreign Affairs Committee chairman Michael McCaul (Republican – Texas) and Ranking Member Gregory Meeks (Democrat – New York) have jointly sent a letter to Speaker of the House Mike Johnson (Republican – Los Angeles, asking him to extend a formal invitation to President William Ruto of Kenya to address a joint session of Congress during his upcoming visit to the US, slated later in May.

“This year, we are celebrating the historic 60-year anniversary of the U.S.-Kenya diplomatic relationship. Such an invitation …

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  • The IMF has identified South Sudan, Burundi, and the DRC as East African Community member states poised for significant economic growth in the 2024–2025 period.
  • GDP growth in Burundi is projected to increase from 4.3 to 5.4 percent and in the DRC from 4.7 to 5.7%.
  • Kenya leads regionally with a projected GDP of $104 billion, ranking 7th overall among the continent’s largest economies.

The economic outlook for East African Community member states South Sudan, Burundi, and the Democratic Republic of the Congo (DRC) is poised for significant economic growth in the 2024–2025 period. This prognosis by the International Monetary Fund (IMF) comes despite these nations grappling with conflicts, marking them as among the most fragile in the region.

In its latest regional economic outlook report for Sub-Saharan Africa, the IMF forecasts a noteworthy 1.2 percent gross domestic product (GDP) growth for South Sudan, from 5.6 to 6.8 percent, despite …

  • US Senators Chris Coons and James Risch have introduced the bipartisan Agoa Renewal and Improvement Act of 2024, aiming to integrate Agoa with the AfCFTA.
  • Bill aims to refine Agoa’s eligibility criteria, increase transparency, and hold US agencies accountable for their advice to the president: Senator Risch
  • Proposed extension signals a commitment to bolstering trade relations between the US and Africa.

The US Congress has proposed extending the African Growth and Opportunity Act (Agoa) to 2041, covering all 54 African countries. Senators Chris Coons of Delaware and James Risch of Idaho introduced the bipartisan Agoa Renewal and Improvement Act of 2024, aiming to integrate Agoa with the African Continental Free Trade Agreement (AfCFTA) to foster intra-African supply chains.

Originally enacted in 2000, Agoa is set to expire next year. However, the proposed extension signals a commitment to bolstering trade relations between the United States and Africa. Speaking at the fourth …

  • UN faults UK-Rwanda asylum treaty citing concerns on potentially harmful impact on global responsibility-sharing, human rights, and refugee protection.
  • Spearheaded by Prime Minister Rishi Sunak, the legislation mandates judges to deem Rwanda as a safe third country.
  • With deportation flights slated to start in July, the move is sparking weighty debates over the ethical implications of outsourcing asylum responsibilities.

This week’s passage of the “Safety of Rwanda” Bill by the UK Parliament has triggered alarm bells within the United Nations (UN), with two prominent leaders, Filippo Grandi, the UN High Commissioner for Refugees, and Volker Türk, the UN High Commissioner for Human Rights, raising concerns over its potentially harmful impact on global responsibility-sharing, human rights, and refugee protection.

Spearheaded by Prime Minister Rishi Sunak, the legislation mandates judges to deem Rwanda as a safe third country, paving the way for the deportation of thousands of migrants who have sought refuge …

  • Namibia’s Mopane field could hold up to 10 billion barrels of oil, Galp announces.
  • Tests on Mopane-1X well in January and the Mopane-2X well in March gave highly promising findings.
  • Exploration success in Namibia could pave the way for a new revenue stream for Galp.

Portuguese oil company Galp Energia has set the stage for a potential game-changer in the global energy industry with its announcement at the weekend regarding the Mopane field off the coast of Namibia.

Following the conclusion of the first phase of exploration, Galp projects that the Mopane field could hold up to 10 billion barrels of oil, marking a huge step in the evolving oil and gas industry in Namibia.

Gap noted that testing operations were undertaken at the Mopane-1X well in January and the Mopane-2X well in March gave highly promising findings. The company noted the discovery of significant light oil columns in …

  • Kenya’s economic resurgence in 2024 proving a reality following a notable upturn in recent months, marked by positive indicators across sectors.
  • According to CBK, leading indicators point to the continued strong performance of the Kenyan economy in the first quarter of 2024.
  • According to the World Bank, Kenya’s economic growth is projected to be 5.2 per cent, boosted by increased investment in the private sector as the government reduces its activities in the domestic credit market.

A strong rebound

Kenya’s economic prospects are looking brighter, attributed to the interventions by the World Bank and the International Monetary Fund, which have played a massive role in easing volatility witnessed less than three months ago.

Major economic indicators in the country show that confidence is slowly creeping back after the government secured the International Monetary Fund’s facility to pay back the Eurobond.

The repayments had triggered volatility in financial markets, including the …

  • Cairo, Egypt, holds third place after Athens and Manilla, Philippines.
  • India stands out, with three cities being included in the world’s top 10 most stressed cities.
  • Los Angeles, US, holds the ninth place with the highest obesity rate on the list.

Experts conducted a study to identify the most stressful cities to live in 2024.  The study measured several parameters including the quality of life, safety, and pollution index as main criteria, also considering the presence of stress-related habits such as smoking rates, obesity, and alcohol consumption. The final score was made, considering all of the mentioned criteria.

The most stressed city in the world is Athens, Greece, with the highest stress levels, which include a low safety index and a high rate of stress-related habits such as smoking, over-eating, and alcohol consumption. Compared to other cities on the list, Athens has the highest smoking rate, with 31.3 per cent …

  • The increasing food prices have majorly occasioned the rise in consumer expenditure. 
  • In the review period, 50 per cent of the Kenyans polled indicated static income levels over the last year
  • 53 per cent of Kenyans polled allocated less than 10 per cent of their income to travel and leisure expenditures.

The slight drop in inflation in Kenya has failed to soften the impact of Increased consumer spending after posting a 42 per cent rise in spending in the past six months. This is after a new survey showed that the country posted a six per cent rise in Kenyan expenditures compared to the preceding three months, which ended December 2023.

According to the latest spending index from ICEA LION Group, Kenyans’ spending escalated by 6 per cent from January to March this year. However, this growth was more subdued than the previous quarter, which witnessed a 36 per

  • A total of 77 people, including 22 Chinese and a Cameroonian, all suspects in an elaborate cybercrime ring in Zambia targeting thousands of people across the world, have been arrested in a crackdown. 
  • Masquerading as call centre agents, Zambian youth were recruited into conning people via Telegram and WhatsApp platforms.
  • Authorities in Zambia say the scam affected people in Singapore, Peru, the UAE, and some African countries.

In Zambia’s posh Roma district, the morning African sun barely peeked through the offices of Golden Top Support Services. This company had promised scores of respectable jobs to young Zambians as call centre agents.

Instead, it had covertly plunged them into the depths of a sprawling cybercrime syndicate. This chilling reality came to light following a decisive raid led by the country’s Drug Enforcement Commission (DEC), exposing a narrative that conjures up the global challenges of cybercrime.

This operation was a huge score …

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