The International Monetary Fund in April approved a $2.34 billion three-year financing package to Kenya. The fund projects that Kenya will borrow upwards of $12.4 billion abroad by 2022. These funds will support Covid-19 prevention efforts and reduce the country’s
Lawmakers in Kenya are pushing to reduce the operating costs of a Chinese-built railway, calling for a renegotiation of the Chinese loan terms used to finance its construction.
Ethiopia is drawing up plans to launch a second satellite into space next month, following the successful launch of the ETRSS-1 Satellite in December.
A student from China has been quarantined in Kenya after developing symptoms consistent with the coronavirus.
Kenya’s has opened its halted railway project dubbed as the “Railway to Nowhere” after China pulled funding for the ambitious project.
A lot is being said about the rise of technologies such as artificial intelligence and automation in every country around the world. Many experts argue that we’re on the edge of an employment crisis as machines continue to take more
Kenya has sold its first export of crude oil to a Chinese state-owned petroleum multinational firm.
Kenya’s Mombasa-Nairobi Standard Gauge Railway has proven very popular with travellers moving between the country’s capital and the coastal city on Mombasa. However, the real aim of the project was to boost trade freight heading from the Kenyan coast to
Ethiopia is calling upon the services of two Chinese construction companies in a bid to accelerate the pace of its Grand Renaissance Dam (GERD) project.
China’s extensive investment in Africa has drawn a lot of attention in the Western media over the past couple of decades. The Asian powerhouse has established itself as the single largest investor in Africa, promising to invest $175 billion across