Many African governments, including Kenya and Uganda, are facing unrest due to tax hikes and reduced spending on health and education with the aim to make fiscal spaces for external debt payment. The continent’s foreign debt reached more than $1.1 trillion at the end of last year, according to the African Development Bank, which kept […]
Kenya’s newly sworn-in president has expressed willingness to purchase fuel from Russia, just days after making immediate moves to boost the country’s influence on the global stage with a stirring speech at the UN General Assembly. President William Ruto’s announcement that Kenya was open to buying fuel from Russia comes at a time when a […]
The Madrid-based company Gestamp, which specializes in the design, development and manufacture of highly engineered metal components for the automotive industry, has unveiled plans to build a plant in the Moroccan town of Kenitra, located around 40 km away from Rabat, next to the plant that PSA is building in the town. The facility is […]
