The East African Community (EAC) is grappling with a financial crisis for the third time in the 2024/25 fiscal year, as all member states—except Kenya—have yet to fully remit their budget contributions. This shortfall has caused delays in key programs and hindered development efforts. Burundi, the Democratic Republic of Congo, Rwanda, South Sudan, Somalia, Tanzania,…...
Trending
- Arnold Ekpe returns to the helm: a new lease of life for Dangote Sugar
- Tunisia: Budget shows a surplus of over 591 million euros as of March 31, 2025
- Uganda: Umeme electricity company records a net loss of $140 million in 2024
- Ivory Coast unveils its $100 billion ambition to investors in Osaka
- African Airlines among those banned by the EU
- Wafa Assurance Starts 2025 with Growth, Driven by Geographic Diversification and Solid Fundamentals
- Kenya, Rwanda, Uganda linked in gold smuggling from war torn DRC, Sudan
- Foreign companies dominate the most admired brands in Africa in 2025, a new report shows