Kenya’s public debt rose by 1.3 trillion shillings ($11.8 billion) in 2020.
This is as the east African nation stepped up borrowing in response to the COVID-19 pandemic and implemented various infrastructure projects.
The Central Bank of Kenya (CBK), in its weekly update of the financial markets on Friday, noted that the debt rose to $66.1 billion, up from $54.3 billion in January 2020.
Of the public debt, $34.4 billion is external and the rest is domestic, according to the apex bank.
Most of the debt accumulated during the period was external and came from both multilateral and bilateral lenders like the World Bank to shore up Kenya’s efforts to contain the pandemic.
The country also borrowed money during the period to implement various infrastructure projects that include roads and railways.
Three Endangered Rothschild’s Giraffes Die of Electrocution in Kenya
The Kenya Wildlife Service (KWS) has confirmed that three Rothschild’s giraffes have died after being electrocuted by low-hanging power powerlines at a Soysambu conservancy in Nakuru.
News Central reports that Rothschild’s giraffe are one of the most endangered species of the animal with estimate putting their population at less than 1,600 in the wild.
Kenya has about 600 Rothschild’s.
KWS said officials from the state-owned power distributing company, Kenya Power, would replace the poles.
“Preliminary reports indicate that the height of the electricity poles crossing Soysambu Conservancy are low, below giraffe’s height,” a statement read in part.
Dr Paula Kahumbu, the Producer and Host of Wildlife Warriors CEO WildlifeDirect, alleged in a tweet that the deaths could have been prevented if experts’ advise was heeded.
In another tweet, Kahumbu added that these deaths were not the first, and that they could have been prevented if expert advice had been followed.
“These power lines have been killing giraffes, vultures and flamingos. Advice from experts was ignored. RIAs [Risk Impact Assessments] are notoriously poor on many development projects. Sad that it takes these kinds of deaths to wake some people up!” she tweeted.
Teachers Strike in Malawi
The Teachers Union of Malawi (TUM) on Monday began an indefinite strike action that coincided with school resumption and the new academic year.
The teachers, who are demanding an increase in wages as well as COVID-19 risk allowance, on Monday boycotted classrooms saying they feel unsafe in school environments.
TUM is also demanding that teachers be given personal protective equipment (PPE), training on how to deal with Covid-19 cases within their schools and a plan for social distancing in classrooms.
President Lazarus Chakwera ordered schools to be closed five weeks ago following a sharp rise in Covid-19 infections and deaths.
Schools were to reopen on Monday after a drop in the number of cases of coronavirus.
Local media is reporting that most students returned home after reporting to school in the morning.
In the town of Mponela, 65km north of the Capital, Lilongwe, learners closed roads with huge stones and tree branches to express solidarity with their teachers.
Police have since dispersed the protest.
Ministry of education spokesman, Chikondi Chimala, said the government was holding meetings with teachers’ representatives to resolve the issue.
Ethiopia: Six Students Feared Dead in Tigray’s Bus Attack
No fewer than six students are feared dead after gunmen attacked a bus in Tigray, northern Ethiopia.
According to reports, there was a shootout between the attackers and soldiers escorting the bus, which was carrying students returning from a graduation ceremony in the Tigray’s capital, Mekelle.
The bus was reportedly stopped many times at road blocks as it made its way from Mekelle.
It is not clear who carried out the attack but this shows Tigray is still volatile months after the federal government said the conflict with the regional authorities was over.
Meanwhile, the United Nations says civilians in Tigray are facing “extremely alarming” hunger as fighting between federal government forces and the regional Tigray Peoples’ Liberation Front (TFPL) remained an obstacle to reaching millions of people with aid.
The Ethiopia/Tigray conflict, now in its fourth month, has killed thousands of people. But little is known about the situation for most of Tigray’s six million people, as journalists are blocked from entering, communications are patchy and many aid workers struggle to obtain permission to enter.
Civilians have suffered and reports from aid workers on the ground indicate a rising in acute malnutrition across the region. According to the UN, starvation has become a major concern.
COVID-19: Nigeria Records Additional 600 Cases, Total Now 155, 076
Nurses in Ondo, Southwest Nigeria Declare 3 Days Warning Strike
COVID-19: Zimbabwe’s President Not Having Health Workers Reluctance to Take China Vaccines
Nigeria Ports Authority Commences Electronic Call Up System
Zamfara, Kano States Close Schools After Schoolgirls Abduction
Africa’s Wissa, Moffi Lift Lorient over PSG in 3-2 Thriller
Payback Time! Nigerian Communities Can Now Sue Shell over Oil Spills
Global Tourism Loses $1.3tn in 2020 Due to Coronavirus
Review: People Like Lauretta Hardly Think Before They Talk! – Liborous Fumes At #OccupyLekkiTollGate Aftermath
Six Ghanaians Arrested in the U.S. over $50M Romance, COVID-19 Relief Scam
Boosting Africa’s Revenue | The Remittances and Taxation Conversation
China’s Belt and Road Initiative | Is Debt Slowing China’s Advancement?
3rd Mainland Bridge | Rehabilitation Work Nears Completion.
Crude Oil | OPEC Battles to Avoid Glut As Price Rises Above $50
World Bank’s Global Economic Prospects For January 2021
News3 days ago
Nigerian Government Concessions Twelve Highways to Investors
Business News3 days ago
Review: “It Should Bother Us That Our Existence Is Tied To Oil” Tunji Andrews Speaks On Recession
Business News3 days ago
Review: Selling Assets to Fund the National Budget is Irresponsible – Tunji Andrews
Health3 days ago
12 Die of COVID-19 Complications in Nigeria
West Africa Sports News3 days ago
Tributes as 21-year-old Ivorian Player, Willy Ta Bi, Dies of Liver Cancer
West Africa Politics3 days ago
Protests as Bazoum is Declared Winner of Niger’s Presidential Election
News4 days ago
Multiple Explosions Rock Maiduguri, Nigeria
Business News5 days ago
Goldman Sachs Predicts $75 per barrel for Brent Crude by September