Browsing: United States

• Kenya’s education sector is set to receive nearly $32 million of investment from the United States to support new partnerships between the two countries.
• part of the investment, $850,000, will go towards supporting the Ed-tech Africa initiative
• The funding includes a new $24.5 million early-grade literacy program.
• USAID Counselor Clinton White signed the deal alongside Kenyan Prime Cabinet Secretary Wycliffe Mudavadi.

STEM education is a teaching approach that integrates Science, Technology, Engineering, and Mathematics related fields. Kenya’s education sector is set to receive nearly $32 million of investment from the United States to support new partnerships between the two countries. This is to drive innovation, research, and job growth in the country’s Science, Technology, Engineering, and Mathematics (STEM) related fields.

The funding announcement was made during the strategic partnership signing event in Atlanta, USA, during President William Ruto’s four-day US visit.

The US expects the deal signed on Tuesday to …

• Around 200 countries have agreed on how to run the Climate Loss and Damage Fund to help vulnerable nations address more extreme weather conditions.
• Germany and the UAE have pledged $100 million each to the climate damages initiative.
• The World Bank will host the Climate Loss and Damage Fund on a trial basis. 

Around 200 countries have agreed on how to run the Climate Loss and Damage Fund to help vulnerable nations address more extreme weather conditions. Consequently, rich nations have pledged at least $260 million to kickstart the program, making a breakthrough as global climate deliberations opened in Dubai, the United Arab Emirates (UAE).

Delegates at the COP28 summit on Thursday adopted a framework for the World Bank to host the Loss and Damage Fund following months of negotiations. This year’s host, the UAE, indicated it would contribute $100 million, adding another $100 million from Germany. The United Kingdom …

As Angola President João Manuel Gonçalves Lourenço visits the White House on Thursday, November 30, the US is poised to strengthen a complex alliance developed during the past three decades of diplomatic ties between the two countries. Going beyond the usual protocol, this visit exemplifies the growing bond between two countries sharing common ideals with hope for a bright and safe future. …

• The strategic manoeuvrings of the United States in the DRC’s cobalt mines serve as an international yardstick for how well it can balance economic aspirations with ethical imperatives.
• The DRC has become embroiled in a complicated geopolitical chess game, and it is no longer merely a national asset but a worldwide commodity.
• The strategic importance of cobalt from the Congo to the United States exemplifies the necessity for a multifaceted solution that upholds human dignity in the workplace, safeguards natural resources, and encourages economic resilience.

Conspicuously rising to critical importance on a global scale, cobalt has been overshadowed by the world’s precious metals. Although it is sometimes overlooked in resource talks in favour of its more glamorous cousins, gold and oil, this silvery-blue element—a byproduct of copper and nickel mining—is an essential component of modern technology.

Nevertheless, it is a mineral of the future because it powers electronic devices such …

Russia’s invasion of Ukraine in February 2022 threw oil and gas markets into disarray. Consequently, the world experienced the first real global energy crisis during the uneven economic recovery from the COVID-19 epidemic. Russia’s inclusion in the OPEC+ group has hampered international attempts to manage the situation. This has made it harder to handle the significant inflationary effects of rising global fuel prices, particularly in developing nations.

Global fuel prices have risen exponentially in the last few months. The rise is hugely significant, as it has seriously aggravated the global cost-of-living crisis. African economies have particularly been on the receiving end. The continent has suffered from disrupted supply chains and a slowdown in the global economic outlook. Thus, rising energy costs complicate matters even further.…

International tourist arrivals grew 32 per cent in the half-year to June, closing at 847,810 as Kenya’s tourism sector growth continued post-Covid-19. This was up from 642,861 arrivals recorded in the same period last year, as official data from the Ministry of Tourism indicates.
The performance represents a 92 per cent recovery compared to the same period in 2019. The increased numbers came with higher earnings for the country and the sector.…

Until the Biden Administration, US-Africa trade relations had remained remarkably consistent. Africa Growth and Opportunities Act (AGOA), in place since October 2000 through five separate US administrations, has been the ‘centrepiece’ of this consistency.…