A devastating landslide at Kampala’s only landfill site has resulted in at least 21 deaths, with rescue workers still searching for survivors. The tragedy occurred after weeks of heavy rainfall caused a massive mound of garbage to collapse, burying nearby homes as residents slept. President Yoweri Museveni has ordered the relocation of all residents living […]
The U.S. International Development Finance Corporation (DFC) has decided to finance the construction of Ifria refrigeration facilities in two African countries, namely Morocco and Senegal. The move, announced last week, come after DFC provided technical assistance grants to the cold chain development company Ifria in 2021. The Corporation announced the signing of commitment letters worth […]
African economies face an urgent need for coordinated responses to inflation threats that could destabilize social equilibrium, according to the World Bank’s latest Africa’s Pulse report. While the continent’s median inflation rate decreased from 9.8% in 2022 to 4.2% in January 2025, significant disparities persist. The interquartile range of inflation rates has widened from 6% […]
