Hard truths. Bold Insights. Real talk.
President William Ruto told the UN General Assembly that Africa has lost about Sh9.71 trillion through higher interest charges and missed lending opportunities linked to sovereign credit ratings, citing a UNDP estimate. He argued developing countries face higher borrowing costs than developed economies and urged fairer risk assessment.
The President said the arrangement was shaped by circumstances that existed when the United Nations was established in 1945 but has not kept pace with changes in the world.
The President insisted that Africa must remain active in global climate negotiations and demand implementation of commitments made by developed countries.
In his UN General Assembly address, the President will champion an Africa-financing-Africa approach.
The UN says advances in science and technology are increasingly shaping all areas of human life, while offering developing countries an opportunity to overcome some traditional stages of development
Kimani takes up the position with 25 years of experience in international relations, peace and security and multilateral diplomacy, spanning government, regional organisations, the United Nations and the private sector
Boeing’s 2026 Commercial Market Outlook estimates that passenger traffic across Africa will increase by nearly six per cent each year up to 2045, placing the continent among the world’s fastest-growing aviation markets.
Fertility rates continue to vary widely across the world, with Africa recording the highest rate at 4.0 children per woman and a population of 1.5 billion
Rice, sugar and milk made up the biggest share of the goods that entered the country outside formal import procedures, with their combined value reaching Sh145 million. Rice was valued at Sh63 million, followed by sugar at Sh45 million and milk at Sh37 million.
The arrests came as the country continued counting votes from last Thursday’s presidential election, with opposition leader Brian Mundubile trailing incumbent Hakainde Hichilema in the preliminary results.
Strathmore Business School, Standard Chartered, ALN and the Association of Family Business Enterprises (AFBE) have launched an executive programme on Monday targeting family business owners, next-generation leaders, policymakers and experts.
AGRA Country Director for Ethiopia Yihenew Zewdie said the country’s green development initiatives, including tree planting, renewable energy and climate-smart agriculture, were helping conserve natural resources, restore degraded landscapes and strengthen resilience to climate change