Kenya has marked a significant milestone by listing its first Islamic bonds, worth $23 million, on the Nairobi Securities Exchange (NSE). President William Ruto inaugurated the Shariah-compliant bonds, known as Sukuk, and introduced by Linzi Finco Trust Islamic. The move is part of Ruto’s initiative to enhance affordable housing through ...
NAIROBI, Kenya (AA) – The High Court in Kenya has ruled that the killing of Pakistani journalist Arshad Sharif by the Kenyan police in 2022 was “unlawful” and “unconstitutional.” Justice S. N. Mutuku noted that the actions of the Kenyan police were in violation of Sharif’s rights. Sharif, 46, was a well-known journalist...
NAIROBI, Kenya (AA) – Sudan has recalled its ambassador to Kenya in protest against the warm reception given to Sudanese paramilitary commander Mohamed Hamdan Dagalo by Kenyan President William Ruto. Sudan’s Foreign Affairs Minister Ali Al-Sadiq confirmed the summoning of Kamal Gubara in protest against the Kenyan government’...
NAIROBI, Kenya (AA) – Defense Minister Aden Duale said Wednesday that Kenya troops will completely withdraw from Somalia by December 31, 2024. “The last troops are expected to leave Somalia on 31 December 2024 as per the AU (Africa Union) and UN Security Council resolution and plan,” Duale told the Senate. He said Kenya began...
NAIROBI, Kenya (AA) – Extreme weather patterns being seen around the world are “just a sign of things to come,” the UN’s top climate official has warned. All these climate disasters, from droughts to wildfires and floods, serve as stark reminders of the urgent need for accelerated action, Simon Stiell, executive secretary of the UN […]...
NAIROBI, Kenya (AA) – The United Arab Emirates (UAE) has pledged a staggering $4.5 billion in investments to boost clean energy projects in Africa. Making the announcement during the inaugural Africa Climate Summit being held in the Kenyan capital Nairobi on Tuesday, COP28 President-designate Sultan Al Jaber said: “The initiative will prioriti...
