Moody’s Changes Outlook on Kenya’s Rating to Negative from Stable

FAR Moody’s Investors Service, on Thursday changed the outlook on the Government of Kenya’s ratings to negative from stable. Concurrently, Moody’s has affirmed Kenya’s B2 issuer and senior unsecured ratings. The negative outlook reflects the rising financing risks posed by Kenya’s large gross borrowing requirements, which include amortization More...

by admin | Published 5 months ago
By admin On Thursday, May 7th, 2020
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IMF approves $739 million emergency loan for Kenya

AFP The IMF on Wednesday approved a $739 million emergency loan for Kenya and $491.5 million for Uganda, as the East African countries deal with the coronavirus pandemic. Both face severe economic shocks amid efforts More...

By admin On Wednesday, April 15th, 2020
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Africa China relationship – A moment of reflection and re evaluation.

China has spent the last few days trying to manage a damaging story about how local authorities in the city of Guangzhou have been targeting black African migrants for eviction and forced coronavirus testing. The More...

By admin On Wednesday, April 15th, 2020
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Reactions from Trump’s WHO funding with drawing

Africa briefing: US President Donald Trump has instructed his administration to temporarily halt funding to the World Health Organisation (WHO) over its handling of the coronavirus pandemic. Trump said the WHO ‘failed More...

By admin On Tuesday, April 14th, 2020
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Africa’s COVID 19 response team to mobilise resources.

The African Union has appointed a team of special envoys to try to mobilise international support to help the continent respond to the coronavirus pandemic. AU chairman Cyril Ramaphosa insisted it was time to marshal More...

By admin On Monday, April 13th, 2020
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Africa’s Healthcare counting the cost of Financing.

  By Agnes Gitau As communities across the world grapple with COVID19, All eyes are on Africa healthcare system, being scrutinised for having failed to invest in strong/effective healthcare system. Many analysts More...

By admin On Thursday, April 9th, 2020
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COVID 19 – Refugee Camps and migrants already facing the brunt of the pandemic.

According to WHO Africa office, COVID19 pandemic is spreading rapidly across African countries. To date there are over 11, 000 reported COVID positive cases , 1405 recovery and 575 deaths. The pandemic has had a More...

By admin On Wednesday, April 8th, 2020
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Kenya and Somalia’s Long-Simmering Territorial Dispute Threatens to Boil Over

A 62,000-square-mile triangle of the Indian Ocean is driving a wedge in the Horn of Africa. For years, Kenya and Somalia have been at odds over the pie-shaped slice of the sea, to which each lays a claim and which More...

By admin On Tuesday, March 31st, 2020
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COVID 19 may disrupt the schedule of the African continental free trade agreement -AfCFTA

By Agnes Gitau In every of the African Union member states, fighting the spread of Covid19 is the top priority. Every country is dedicating already strained resources to public healthcare provision whose infrastructure More...

By admin On Monday, March 30th, 2020
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Tanzania – Elections to go ahead

TANZANIAN President John Magufuli said on Thursday the country’s October 2020 general elections will be held as planned despite the COVID-19 outbreak. ‘The elections will be held as planned. There are people More...

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