Africa set for fertiliser boom as food crisis remains critical

By The East African A fertiliser boom is breaking out across Africa as calls for food security gain momentum amidst a widespread continental food crisis. With an estimated 346 million people on the continent negatively impacted by a severe food crisis, according to the Food and Agriculture Organisation (FAO), the use of fertilisers has become

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1.8 tons of cocaine seized, 5 arrested in Nigerian bust

Credit: Reuters Photographer Karen Toro/File Photo By The Associated Press Nigeria’s anti-drug agency seized a record 1.8 tons of cocaine valued at $278 million at a Lagos warehouse in what it described Monday as likely the country’s largest bust ever. Five people – the warehouse manager and four “drug barons” including one profiled as a

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Uhuru Kenyatta, William Ruto splash half a billion on travel in three months before polls

By Business Daily Africa President William Ruto and his predecessor Uhuru Kenyatta more than doubled the spending on local travel to Sh579 million in the three months to June as campaigns for the August elections picked up momentum. Although Dr Ruto was the incumbent Deputy President, Mr Kenyatta had thrown his weight behind opposition leader

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Biden: US would defend Taiwan against Chinese invasion

President Joe Biden speaks during the United We Stand Summit in the East Room of the White House in Washington. (AP Photo/Susan Walsh) By The Associated Press China’s government on Monday criticized President Joe Biden’s statement that American forces would defend Taiwan if Beijing tries to invade as a violation of U.S. commitments about the

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Britain and the world to lay Queen Elizabeth II to rest

Britain’s Queen Elizabeth II smiles during a visit to open the Sainsbury Laboratory for Plant Sciences in the University of Cambridge Botanic Garden, in Cambridge, England, Britain, April 27, 2011. Reuters/Andrew Winning/File Photo By The Associated Press Britain and the world are laying Queen Elizabeth II to rest on Monday at a state funeral that

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William Ruto faces return of costly foreign loans in first year

By Business Daily Africa The Treasury has said Kenya will find it challenging to sustain reliance on multilateral lenders like World Bank Group for external funding, signalling a return of costly foreign loans in the first year of the new administration. Kenya has in the past three financial years largely tapped cheaper concessional loans, helping

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Saudi Arabia’s crown prince to miss queen’s funeral

By Reuters Saudi Arabia’s de-facto ruler Crown Prince Mohammed bin Salman is no longer expected to attend Queen Elizabeth’s funeral on Monday, a British foreign office source said on Sunday, contrary to Britain’s earlier expectations that he would. Saudi Arabia would be represented instead by Prince Turki bin Mohammed al Saud, the source said. Prince

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In a first, European Union moves to cut Hungary funding over damaging democracy

By Reuters The European Union executive recommended on Sunday suspending some 7.5 billion euros in funding for Hungary over corruption, the first such case in the 27-nation bloc under a new sanction meant to better protect the rule of law. The EU introduced the new financial sanction two years ago precisely in response to what

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Move over, Jeff Bezos. India’s richest man is now wealthier than the Amazon founder

Gautam Adani (center) attends the UP Investors Summit in the northern Indian state of Uttar Pradesh, on June 3. Rajesh Kumar Singh/AP By NPR India’s richest man, Gautam Adani, shot past the Amazon founder this week in the rankings of the world’s wealthiest people. According to lists maintained by Forbes and Bloomberg, Adani’s fortune lies

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World leaders head to London for Queen Elizabeth II funeral

Members of the public pay their respects as they pass the coffin of Queen Elizabeth II, Lying in State inside Westminster Hall, at the Palace of Westminster in London, Sunday, Sept. 18, 2022. (Adrian Dennis/Pool Photo via AP) By The Associated Press Thousands of police, hundreds of troops and an army of officials made final

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