Fitch Ratings has lowered Kenya’s credit rating from “B” to “B-”, pointing to increased risks to the nation’s finances after the government retracted planned tax measures due to public protests. The Kenyan government, yielding to demonstrators, scrapped a tax proposal intended to generate an additional $2.7 billion in revenue, a move initially advised by the […]
Authorities in Madagascar have recently launched an impressive reforestation campaign to plant 60 million trees, in reference to the sixtieth anniversary of the country’s independence, which will take place on June 26, 2020. Last week, close to 10,000 people planted up to 1.2 million trees in one day. Madagascar, once called the great green island, […]
Egypt warned Qatar not to poke its nose into its internal affairs after Doha offered to mediate between the Egyptian government and outlawed Muslim Brotherhood. After the Qatari foreign Minister proposed to heal relations between the Egyptian government and embattled Muslim Brotherhood, the Egyptian foreign ministry issued a statement on Saturday condemning what it called […]
