TIMES TOWER, Nairobi –Despite economic challenges, the Kenya Revenue Authority has collected Sh 2.571 trillion in the 2024/2025 financial year exceeding it’s target of Sh 2.555 trillion. This milestone reflects not just fiscal discipline but the resilience and commitment of Kenyan taxpayers. In a press statement released on July 10th, KRA revealed that the collection…
Kisumu City Department announces the temporary relocation of over 4,000 traders to pave the way for phase two of the market’s transformation into a modern complex. KIBUYE, Kisumu July 9 -The Kisumu County Government has announced plans to temporarily relocate traders from Kibuye Market as the national government steps in to complete the second phase…
RABAT, Morocco July 8 –The Kingdom of Morocco has officially joined the Pan-African Payment and Settlement System (PAPSS), becoming the 17th country to integrate into the fast-growing continental payment infrastructure. This strategic move was formalised with the signing of the PAPSS membership agreement by Morocco’s central bank, Bank Al-Maghrib, marking a significant milestone in the…
LONDON, United Kingdom, July –President William Ruto recently visited King’s Cross Railway Station in London, a renowned transport hub accommodating over 50 million passengers annually. The benchmarking trip was aimed at revitalising the heart of Nairobi’s public transport system. Dr Ruto’s visit to 10th Downing Street led to the announcement of a vital funding agreement…
EU-funded AfriFOODlinks project delivers research-driven, community-led solution for over 200 fish vendors at Obunga Market to boost food safety and Health in Kisumu county OBUNGA, Kisumu June 3, –The African Population and Health Research Centre (APHRC), in partnership with the City of Kisumu, Jaramogi Oginga Odinga University of Science and Technology (JOOUST), and the Kisumu…
ABUJA, Nigeria-As Africa’s public and external sovereign debt surges to a historic $1.8 trillion, economists and policymakers across the globe are sounding the alarm—and, in a surprising twist, some are calling for more borrowing, not less. New figures from the African Development Bank (AfDB) reveal the continent’s debt has grown by 170 percent since 2010,…
ABUJA, Nigeria –Africa has taken a significant leap toward financial independence with the launch of PAPSSCARD, the continent’s first Pan-African card scheme. Officially unveiled on June 27 during the 32nd Afreximbank Annual Meetings in Abuja, Nigeria, the PAPSSCARD initiative marks a crucial milestone in Africa’s pursuit of financial autonomy. It aims to build resilient, homegrown…
ABUJA, Nigeria, June 26th a remarkable testament to visionary leadership and strategic execution, the African Export-Import Bank (Afreximbank) has announced a tenfold growth in its total assets over the past decade, from $4 billion in 2015 to an impressive $40 billion in 2025. This landmark achievement was revealed during a press briefing in Abuja ahead of…
ABUJA, Nigeria, June 26th,– In a compelling call to action for Africa’s business and technology sectors, the African Continental Free Trade Area (AfCFTA) Secretariat has projected that the continent’s digital market will surpass a staggering $712 billion by 2035. This revelation, announced by AfCFTA Secretary-General Wamkele Mene, signals a seismic shift in Africa’s economic landscape—one…
Governor Nyong’o hosts UN delegation, unveils plans for green housing, slum upgrades, and lakeside development KISUMU, Kenya – Kisumu Governor Prof Anyang’ Nyong’o held high-level talks with a UN-Habitat delegation led by Ms Beryl Khanyile, Head of the Kenya Country Programme, to strengthen collaboration on urban development and affordable housing initiatives in the county. The…