Hundreds of mismanaged infrastructure projects have stalled in Kenya and it will cost around $10 billion to revive them, the IMF said in a report whose findings point to a growing power struggle at the heart of government. Amid mounting public anger over ballooning state debt and a series of graft scandals, President Uhuru Kenyatta … Read more
Kenya is in advanced talks with the World Bank for “a fairly priced” loan of up to 100 billion shillings ($991.57 million), nearly half of its required external funding this fiscal year, a senior Treasury official said on Friday. The East African nation wants to cut debt from overseas capital markets, after a borrowing binge … Read more
– A wing of the private school in Kenyan capital Nairobi, has collapsed into a pile of rubble and trapped pupils – Reports claimed that at least seven of the students have lost their lives to death in the incident – A city officials disclosed that there are 917 students at the school About seven children … Read more
Botswana could decriminalise gay sex on Tuesday when its high court is due to rule in a landmark case being watched across Africa after Kenya recently upheld its own anti-homosexuality laws. Homosexual acts are outlawed in Botswana — one of Africa’s most stable, democratic nations — under the country’s penal code of 1965. An unnamed … Read more