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Global Ties

Egypt Inks Agreement with Russia’s New Development Bank

(3 Minutes Read) Egypt’s Minister of International Cooperation Rania Al Mashat, held a meeting with the New Development Bank’s Vice President Vladimir Kazbekov and his...

USD 222 million fine slapped on SAP for bribing government officials from several African...

(3 Minutes Read) The United States recently slapped a USD 222 million fine on the German software company SAP on the grounds of bribery. The...

Egypt Signs Pact with Switzerland for Improving Urban Utilities

(3 Minutes Read) (Global) The grants are part of a broader joint development cooperation program between Egypt and Switzerland, spanning from 2021 to 2024. This...

Israel signs visa-free accord with Seychelles

(3 Minutes Read) The Seychelles and Israeli governments signed an agreement allowing citizens from both nations to travel freely without the need for a visa. The Seychelles and Israeli governments...

Blackrock acquires Nigeria’s GIP for USD12.5bn

(3 Minutes Read) BlackRock, one the biggest asset management companies in the world stated that it is buying Global Infrastructure Partners, a company founded by...

IMF Predicts Resilient Global Economy: Africa to be Second Fastest Growing Economy

(3 Minutes Read) The International Monetary Fund (IMF) predicts a soft-landing scenario in 2024 for the global economy while warning that leaders should be preparing...

IMF Disburses Another Tranche of Loan to Mozambique

(3 Minutes Read) The executive board of the International Monetary Fund (IMF) has concluded the third review of Mozambique's three-year loan program. This enables the...

Kenya’s Visa-Free Policy Comes Under Scrutiny

(3 Minutes Read) Kenya's recent decision to offer visa-free entry to all foreigners has stirred controversy. Critics of this policy term it as hectic and...

Boeing 737 Max Planes Grounded: Alaska Airlines and United Flights Disrupted

(3 Minutes Read) This forced the Federal Aviation Administration (FAA) to issue an emergency order mandating immediate inspections for some Max 9 planes. This will...

Kenya-led Multinational Mission in Haiti Can Do Little to Ensure Law and Order: Report

(3 Minutes Read) Corruption, links between the police, politicians, and gangs, overcrowded prisons, outnumbered police officers, and difficulties in protecting civilians in urban warfare are...

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