Kenya’s Generation Z rising: scores killed, wounded after police shoot at anti-tax hike protestors

At least five demonstrators were killed and dozens were wounded when Kenyan police on Tuesday (25 June) opened fire on angry protestors some of whom breached the parliament complex in Nairobi to express dissatisfaction with proposed tax hikes. The mainly youth-led rallies, which started last week, have caught President William Ruto and his government off […]

Algerian Consumers’ Association Calls for Opening Oran-Oujda Air Link

Calls are mounting within the Algerian civil society for a normalization of ties with Morocco. This time the Algerian Consumers’ Association called for opening an air route between the eastern Moroccan city of Oujda and the Western Algerian city of Oran to ease traffic for many border families who are looking forward to visit their […]

IFC to invest $100m in Nairobi-listed Diamond Trust Bank to back SMEs hit by pandemic

International Finance Corporation (IFC) will invest 12.18 billion shillings ($100 million) in Nairobi-listed Diamond Trust Bank (DTB) to support small and medium enterprises (SMEs) impacted by Covid-19, Zawya reports, citing Kenyan Wall Street newspaper. The investment will be in senior debt under its Covid-19 emergency response working capital solutions scheme (WCS FIGE). IFC initiated the […]