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EAC nations to bolster their economies with bigger budgets for 2023/2024

East African Community (EAC) countries expect overall national government spending to rise in the upcoming financial year that starts on 1 July 2023 and ends on 30 June 2024. Finance ministers from Kenya, Rwanda, Tanzania, and Uganda are to present their annual 2023/2024 budgets under a common theme before their respective parliaments on Thursday June […]

Nigeria: UK-listed PAS solar to connect 150,000 people to clean electricity

In Nigeria, a $10 million line of credit from Renewable Energy Performance Platform (REPP) and Electrification Financing Initiative (ElectriFI) will help to boost the distribution of home solar kits. The credit line was secure by PAS Solar Limited, a British company operating in Africa’s most populous nation. With exclusive funding from the United Kingdom’s International […]

Eastern Congo ceasefire collapses as m23 rebels maintain strategic positions

The fragile ceasefire between Congolese forces and Rwandan-backed rebels in eastern Congo deteriorated Monday as M23 fighters reneged on withdrawal commitments from the strategic town of Walikale while accusing the army of violating agreed terms. M23 spokesperson Lawrence Kanyuka claimed government forces failed to remove attack drones from the area, declaring this “a major obstacle […]