A Kenya Railways cargo train. By Business Daily Africa The Chinese operator of the standard gauge railway (SGR) has demanded billions of shillings in unpaid bills before handing over fully to Kenya. Africa Star Railway Operation Company Ltd (Afristar), the Chinese company contracted to run the train service, has listed clearing of its debts as

Britain’s Prime Minister Boris Johnson and Chancellor of the Exchequer Rishi Sunak arrive for a Cabinet meeting, in London, Britain October 13, 2020. REUTERS/Simon Dawson/Files By Reuters LONDON, Aug 9 (Reuters) – British Prime minister Boris Johnson has full confidence in finance minister Rishi Sunak and has no plans to reshuffle his cabinet team, Johnson’s

Photo/Somali Times A high level Kenyan delegation led by Foreign Affairs Minister Raychelle Omamo has arrived in the Somali capital Mogadishu today. Raychelle Omamo and her delegation were welcomed at the Aden Adde International Airport by Foreign Minister Mohamed Abdirizak and other government officials. According to reports, the Kenyan foreign minister will hold private talks

Photo/Somali Times Farmajo’s order came out tonight President of Somalia, Mohamed Abdullahi Mohamed Farmajo, said on Facebook propaganda campaign from his office over the bodies stopped to enter into an agreement or understanding of any pressing political, economic and security. The President said that considering the elections, he has suspended until after the elections, the

Founder and Chief Executive of the Dangote Group Aliko Dangote gestures during an interview with Reuters in his office in Lagos, Nigeria, June 13, 2012. REUTERS/Akintunde Akinleye/File Photo According to the Forbes, the top 10 richest people in the continent have an average networth of $4.1 billion Nigeria’s Aliko Dangote tops the list of the

A man wearing a protective mask to help curb the spread of the coronavirus walks past the logo of Honda Motor Company in Tokyo on May 13, 2021. Honda returned to profitability in April-June, recording a 222.5 billion yen ($2 billion) profit, as better sales and costs cuts added to the Japanese automaker’s bottom line.

File – In this Friday, May 14, 2021 file photo the logo of German car manufacturer BMW is fixed at the headquarters in Munich, Germany. German automaker BMW reports second-quarter earnings on Tuesday Aug. 3, 2021. (AP Photo/Matthias Schrader, file) Frankfurt,, Germany (AP) — BMW reported 4.8 billion euros ($5.7 billion) in net profit in

A pedestrian walk past the National Treasury building in Nairobi By OTIATO GUGUYU Kenya has withdrawn its request for China to extend debt repayment holiday to December in the wake of opposition from Chinese lenders that recently froze disbursements to local projects. The Treasury says that Kenya has decided not to seek an extension of

Credit: Associated Press /Photo Olamikan Gbemiga/ Nigeria President Muhammadu Buhari. By Doyinsola Oladipo, Mike Stone U.S. lawmakers have put on hold a proposal to sell almost $1 billion of weapons to Nigeria over concerns about possible human rights abuses by the government, three sources familiar with the matter said on Thursday. The proposed sale of

Credit: Facebook/ British Prime Minister Boris Johnson and Prime Minister Mohamed Hussein Roble Prime Minister Mohamed Hussein Roble, in London, met with British Prime Minister Boris Johnson, to discuss three points. “I met in London with British Prime Minister Boris Johnson, whose government is hosting the International Conference on the Advancement of Education,” Roble said