Model of Oil barrels are seen in front of rising stock graph in this illustration, July 24, 2022. Photographer Dado Ruvic By Reuters Oil prices fell on Monday, dragged down by a renewed focus on market fundamentals as Israel and Iran played down the risks of an escalation of hostilities in the Middle East after

File Photo/Somali Times By The East African Several African countries reeling under the weight of economic and political problems are banking on rescue interventions from the World Bank and the International Monetary Fund (IMF), which are now holding their annual spring meets in Washington DC. Read: Africa’s $824 billion debt burden and opaque resource-backed loans

By Anadolu Agency At least one crew member was killed and another seven are missing after two Japanese Maritime Self-Defense Force helicopters crashed during a drill in the Pacific late Saturday, Japan’s defense minister said Sunday. The two aircraft crashed in waters around 270 kilometers (168 miles) east of Torishima Island in the Izu Island

Dr Akinwumi Adesina (right) warns of the impact of non-transparent resource-backed loans on Africa’s debt burden. Semafor Summit, Washington DC April 2024 By African Development Bank Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth, African Development Bank President Akinwumi Adesina said on Thursday.

The Federal Government of Somalia has rejected a call from the world’s richest countries called the G7, which was to enter into dialogue on the crisis between Ethiopia. The foreign ministers of the G7 countries of Canada, France, Germany, Italy, Japan, the UK, and the United States called on Somalia and Ethiopia “to open all

Members of the public have expressed their displeasure after a video emerged online showing Nairobi County Speaker Kennedy Okeyo Ng’ondi allegedly violating a Muslim woman’s cultural sanctity, according to Now Kenya reported. In the video shared by popular blogger and activist Cyprian Nyakundi, the Nairobi County Speaker could be seen engaging in song and dance

By Anadolu Agency Israel has carried out a strike inside of Iran, multiple American media outlets reported Thursday citing anonymous US officials, in a move that threatens to further push the region towards war. None of the reports identified the targets, but the attack comes in response to Iran’s unprecedented drone and missile attack on

Former Chief of Defence Forces the late General Francis Ogolla By The East African Kenya’s Chief of Defence Forces (CDF) Francis Ogolla is dead, President William Ruto has confirmed. General Ogolla died on Thursday afternoon after a Kenya Defence Forces (KDF) helicopter crashed in Sindar, Elgeyo-Marakwet County. Read: Kenya Defence Forces chopper crashes, kills five

A Kenya Defence Forces helicopter making a landing. Photo/Courtesy By Daily Nation A Kenya Defence Forces (KDF) helicopter on Thursday afternoon crashed and caught fire in Sindar area of Western Kenya, on the border of West Pokot and Elgeyo Marakwet counties. According to the police, five occupants of the chopper have died while three have

Duke Chapel, West Campus, Duke University, Durham, NC. Photo: Wikimedia Commons/ Warren LeMay By Face2Face Africa Duke University has ended its full-ride scholarship program for Black students following the 2023 Supreme Court ruling that ended affirmative action in admissions. The Reginaldo Howard Memorial Scholarship Program was for “top applicants of African descent,” but it has