Finance
Not Charity, But Fair Finance: Sing’Oei’s Case for Rewriting Africa’s Place in Global Capital
Kenya’s Foreign Affairs Principal Secretary, Dr Abraham Korir Sing’Oei, has made a pointed argument to global policymakers: Africa does not need another round of benevolence. It needs a global financial system that prices African risk fairly, lends at affordable rates, and treats the continent as an investment destination rather than a permanent recipient of aid
Morocco Locks €270M AfDB Loan to Double Airport Capacity by 2030
Morocco has locked in a €270 million loan from the African Development Bank (AfDB) to expand and modernize four key airports, Marrakech, Agadir, Tangier and Fez, as part of a broader push to double national passenger capacity by 2030 and ready the country for co-hosting the FIFA World Cup.
Enwealth Umbrella Fund Grows 12% on NSSF Tier II Inflows Amid Sh3 Trillion Pension Milestone
Kenya’s retirement savings industry has crossed a major milestone, with total pension assets surpassing Sh3 trillion for the first time as of June 2026. At the heart of this expansion is a wave of formalisation among micro, small and medium-sized enterprises (MSMEs), channelled through the National Social Security Fund (NSSF) Tier II “opt‑out” framework and funds like Enwealth Umbrella Fund are among the clearest beneficiaries.
Jeff Bezos wants the bottom half of earners to pay zero income tax
Amazon founder Jeff Bezos has publicly endorsed a bold tax idea: eliminate federal income taxes for the bottom 50% of U.S. earners, arguing that the revenue gained from this group is so small it isn’t worth the burden on working families. In a May 2026 CNBC interview, he pointed to a nurse making about $75,000 a year in Queens, saying she shouldn’t be sending money to Washington—and estimating she could save roughly $12,000 annually if her federal income tax bill went to zero.