KCB CEO Joshua Oigara lays out strategy for growth
31 March 2019 | 12:31 pm
Kenya Commercial Bank seeks to set up subsidiaries in Ethiopia, Somalia and the DR Congo as part of its growth strategy. CNBC Africa's Michael Mugisha sat down With KCB Group CEO, Joshua Oigara for more on this.
In the past few decades, Somalia’s droughts have increased both in intensity and in number due to climate change. It is now facing a famine that threatens the lives of millions of people, especially children. The United Nations says there are staggering levels of malnutrition among children under the age of five. T
UN chief Antonio Guterres warned Monday that the situation in Ethiopia was "spiralling out of control" as fighting raged in the north of the country and the government vowed to seize control of airports and other sites in Tigray.
'Situation in Ethiopia is spiraling out of control'
The warring sides in Ethiopia's two-year-long brutal conflict head to South Africa for peace negotiations, although the talks are pushed back to Tuesday. Staying in South Africa, President Cyril Ramaphosa submits his "action plan" in response to the Zondo Commission's report into graft and fraud in the public sector under his predecessor Jacob Zuma.
Peace talks aimed at ending the two-year-old conflict in the Tigray regions of Ethiopia have begun in Pretoria. The negotiations follow a surge in violence in recent weeks.
Every party involved in the war in northern Ethiopia has committed crimes against humanity, Amnesty International said on Wednesday, calling for a probe into abuses in the nearly two-year conflict.
The al-Qaida-linked extremist group al-Shabab has claimed responsibility for the attack in Mogadishu, the country's capital, where explosions have killed at least 100 and left hundreds more injured.
The World Health Organization warned that hospitals are running dangerously low on medical supplies, as fighting between federal and Tigrayan forces intensify following a lull in the conflict between March and August.
The clean-up continues in Somalia's capital Mogadishu as the death toll from the weekend's bombing claimed by Al Shabaab rises to at least 116. The government is appealing for international help.
The African Union has been mediating an end to the two-year conflict. The deal came hours after Ethiopian Prime Minister Abiy Ahmed claimed his forces were close to "winning".
The Ethiopian government and Tigrayan forces formally signed a truce Wednesday, raising hopes that two years of devastating war that threatened to tear apart Africa’s second-most-populous country might be coming to an end.
One day after Ethiopia's historic truce agreement, we get all of the reaction as Addis Ababa and Tigray look ahead to a renewed path of understanding and cooperation. World powers are now voicing cautious optimism for the country's future but a long road of recovery lies ahead.
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