afwallst

World

October 8, 2025

Kenya launches sovereign wealth & infrastructure funds amid debt pressures

Kenya’s government has unveiled plans to establish two new funds—a sovereign wealth fund (SWF) and an infrastructure fund—designed to channel domestic resources into strategic sectors while reducing dependence on debt. President William

World

October 23, 2025

John Heche: Top Chadema Politician Arrested Ahead of Tanzania Election

Who is John Heche? John Heche is a key member of Tanzania’s main opposition party, Chama cha Demokrasia na Maendeleo (CHADEMA). He serves as the Vice-Chairman for Tanzania Mainland and previously represented

Business

January 9, 2026

Botswana Cuts Diamond Output 16% Amid Weak Global Demand

Botswana, the world’s leading diamond producer, will cut its 2025 diamond production by 16%. This significant reduction responds to plummeting global demand and the rising market share of lab-grown alternatives. For a nation

Uganda’s Richest Men in 2026

Uganda’s richest men in 2026 collectively control more than 10.3 billion dollars in estimated private wealth. In a 65 billion dollar economy, that concentration is material. Moreover, it highlights how capital accumulation

February 28, 2026

Business

Gold Prices Fall as Dollar Gains and Trump Tariffs Loom

The global commodities market saw a sharp reversal on Tuesday. Gold prices fell by more than 1% during the morning session. This move pulled bullion back from a three-week peak. The drop

February 24, 2026

Business·Global Market Data·U.S. Markets

African Debt Distress Outlook for 2026

The persistent challenge of African debt distress continues to shape fiscal policy across the continent as governments navigate complex global financial conditions in 2026. According to S&P Global Ratings, more than twenty

February 24, 2026

Africa·Finance

Salva Kiir Fired Finance Minister in New Sudan Reshuffle

South Sudan currently faces yet another major shift in its economic leadership. On Monday evening, President Salva Kiir fired Finance Minister Bak Barnaba Chol during a surprise announcement. Consequently, the news broke

February 24, 2026

Africa·Finance

South Africa 2026 Budget: Key Questions for Godongwana

South African Finance Minister Enoch Godongwana will present the 2026 budget bill to lawmakers on Wednesday. Investors are watching closely to see how Treasury manages improved revenues. The South Africa 2026 budget

February 23, 2026

Business

Uganda Plans New Railway Link to Tanzania for Exports

Uganda plans to connect its new standard gauge railway to a line under construction in neighboring Tanzania. A government document seen by Reuters reveals this strategic shift in transport policy. The Uganda

February 23, 2026

Business

South Africa Visa Scandal: Officials Sold Permits for Cash

A government investigation has uncovered widespread corruption in South Africa’s immigration system. Officials enriched themselves by selling visas and residence permits for decades. The probe revealed that immigration was treated as a

February 23, 2026

Politics

AngloGold Earnings Surge on Record Gold Prices, Reports 5 Million Ounce US Reserves

AngloGold Ashanti reported a sharp rise in profit for 2025. Headline earnings reached $2.725 billion. This is almost three times higher than the $954 million earned in 2024. The strong result came

February 20, 2026

Business

Oil Prices Rise on Weekly Basis as US-Iran Tensions Escalate

Oil prices held near six-month highs on February 20, 2026, setting Brent crude and West Texas Intermediate on course for their first weekly gain in three weeks. Escalating US-Iran tensions oil provided

February 20, 2026

Business

Tinubu and Merz Discuss Security, Siemens Power Deal in Phone Call

Nigerian President Bola Tinubu and German Chancellor Friedrich Merz held a nine-minute phone call on February 18, 2026, focusing on security cooperation, power infrastructure, and broader bilateral ties. Tinubu’s office released details

February 20, 2026

Politics

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afwallst

Kenya launches sovereign wealth & infrastructure funds amid debt pressures

John Heche: Top Chadema Politician Arrested Ahead of Tanzania Election

Botswana Cuts Diamond Output 16% Amid Weak Global Demand

Uganda’s Richest Men in 2026

Gold Prices Fall as Dollar Gains and Trump Tariffs Loom

African Debt Distress Outlook for 2026

Salva Kiir Fired Finance Minister in New Sudan Reshuffle

South Africa 2026 Budget: Key Questions for Godongwana

Uganda Plans New Railway Link to Tanzania for Exports

South Africa Visa Scandal: Officials Sold Permits for Cash

AngloGold Earnings Surge on Record Gold Prices, Reports 5 Million Ounce US Reserves

Oil Prices Rise on Weekly Basis as US-Iran Tensions Escalate

Tinubu and Merz Discuss Security, Siemens Power Deal in Phone Call

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afwallst

Dancan Odhiambo

Mihiret Gemida

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