Kenya opens talks with IMF, World Bank on Eurobond repayment

Kenya has started talks with the International Monetary Fund and other development financial institutions for a new loan. Photo/Shutterstock By Business Daily Africa Kenya has started talks with the International Monetary Fund (IMF) and other development financial institutions for a new loan to help it settle the $2.0 billion (Sh297.6 billion) Eurobond whose repayment is

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State Department clarifies deletion of Blinken’s post encouraging ‘cease-fire’

US Secretary of State Antony Blinken By Anadolu Agency The US State Department clarified on Tuesday the deletion of a tweet by Secretary of State Antony Blinken, citing that it was “unfortunately worded.” “The tweet was unfortunately worded, did not capture that appropriately. So we pulled it down,” said Spokesman Matthew Miller in response to

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Somalia’s SSC Khatumo state will not participate in Puntland elections

File Photo/Somali Times The leader of the SSC-Khatumo state Abdiqadir Ahmed Aw-Ali, has stated that his newly formed state will not participate in the upcoming elections for the Puntland regional state. Abdiqadir Ahmed who attended the Heritage forum in Mogadishu on Tuesday night, emphasized that the local people in Sool, Sanaag, and Ayn, collectively known

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Scotland’s leader fears for wife’s parents ‘trapped’ in Gaza

Scotland’s first minister and Scottish National Party (SNP) leader Humza Yousaf arrives at St Giles’ Cathedral to attend a National Service of Thanksgiving and Dedication, in Edinburgh on July 5, 2023. PAUL ELLIS/Pool via Reuters/files By Reuters Scotland’s leader Humza Yousaf said on Monday that his wife’s parents were “trapped” in Gaza, leaving him worried

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Kenya’s financial markets ranking falls in Africa

The Central Bank of Kenya in Nairobi By Business Daily Africa Kenya’s financial markets standing on the continent has taken a major beating from the country’s foreign exchange trouble tied to dollar shortages and a fall of forex reserves. According to the 2023 Absa Africa Financial Markets Index, to be launched on Tuesday, Kenya’s country

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Somali NHS scientist wins £60,000 after colleagues gave her offensive nickname

Ubah Jama was one of four senior biochemists within the Clinical Biochemistry department at Queen’s Hospital, Romford (Image: Google Maps) The Mirror By Chiara Fiorillo A senior NHS scientist has been awarded almost £60,000 in compensation after her colleagues replaced her username with an offensive nickname on a work spreadsheet. An employment tribunal heard Ubah

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Somali community mourns deaths of mother, four children in Vantaa fire

Candles outside the apartment building where Sunday morning’s fire claimed the lives of a mother and her four children. Image: Simo Kymäläinen / Yle By YLE News The Somali community in Vantaa is grieving the deaths of a mother and her four children following the outbreak of a fire in an apartment in the early

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Deni, the governor of Puntland in Somalia has been absent for 55 days

File Photo/Somali Times The Puntland governor is scheduled to come back Puntland this week after his longest trip while he was away from Puntland. The trip of the governor of Puntland was unique and related to his personal affairs, as there was no one from his government accompanying him on the trip. Read: Why is

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US stocks slip, oil surges on Middle East conflict

By Reuters U.S. stock futures slid on Monday as the military conflict in the Middle East lifted oil and Treasuries, while the sizzling September U.S. jobs report raised the rate stakes for inflation figures later in the week. Holidays in Japan and South Korea made for thin conditions but the initial bid was for bonds

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2 Israeli tourists killed in Egyptian shooting

By Anadolu Agency At least two Israeli tourists were killed in a shooting in Egypt’s Alexandria city on Sunday, according to Hebrew media. The Israeli Foreign Ministry also confirmed that a gunman opened fire on a bus carrying Israeli tourists in the Egyptian port city of Alexandria. The Cairo 24 news channel, citing a security

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