General

General

Vihiga Residents Review County Budget Paper

Vihiga: Vihiga County Government has concluded a two-day public participation exercise on the County Budget Review and Outlook Paper (CBROP), as required by the Public Finance Management Act, 2012. The forums, organized by the Department of Finance an…

Sony Sugar Company Workers Face Uncertain Future Amid Mass Layoffs

Awendo: Hundreds of employees at Sony Sugar Company are bracing for massive layoffs following a change in management under a lease agreement. The new leaseholder, Busia Sugar Industries, plans to reduce the workforce to revive the struggling factory, …

BII Unveils $6.7 Billion Equity Strategy for Africa in Nairobi

Nairobi:British International Investment (BII), the UK development finance institution, has announced a significant new strategy in Nairobi, focusing on investing $6.7 billion in equity across Africa from 2026 to 2031. This initiative aims to attract …

COP31 Scheduled for November 2026 in Antalya, Türkiye

Antalya:The 31st Conference of the Parties to the UN Framework Convention on Climate Change is set to take place from 9 to 20 November 2026 in Antalya, Türkiye. This global gathering aims to address the accelerating climate crisis as nations work towa…

First Simandou Mining Summit Draws Over 1,000 Delegates to Conakry

Conakry:Guinea is hosting the inaugural Simandou Mining Summit in Conakry from November 11 to 14. The event, themed “The Mining Industry A Catalyst for Economic Sovereignty,” is organized by the Simandou Strategic Committee in collaboration with the M…

Biovéa Biomass Power Plant Inaugurated in Ayébo, Ivory Coast

Ayébo:The 46 MW Biovéa Énergie biomass power plant was inaugurated in Ayébo, located in the Aboisso sub-prefecture of the Sud-Comoé region. The inauguration ceremony, held on November 5, was attended by the Minister of Mines, Petroleum and Energy, Mam…

Ethiopia’s GDP Reaches $210.7 Billion Following Rebasing

Addis Ababa:Ethiopia’s Finance Minister, Fitsum Assefa, has announced the results of the GDP rebasing with the Ethiopian fiscal year 2017 (2024/25) as the new base year. The announcement was made in Addis Ababa on November 4.

According to Africa New…