Day: March 9, 2026

An earthquake with a magnitude of 5.2 jolted off the east coast of Kamchatka at 1638 GMT on Monday, the GFZ German Research Centre for Geosciences said, News.az reports, citing Xinhua.
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The epicenter, with a depth of 66.2 km, was initially determined to be at 51.94 degrees north latitude and 159.21 degrees east longitude. 

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“Mobilizing domestic capital will help us solve major challenges that arise when development depends excessively on foreign financing,” he said in Nairobi, the Kenyan capital. “The fund marks a new chapter in financing our transformation, making us the architects of our own future,” News.az reports, citing Telegraph.
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He said the expansion of Jomo Kenyatta International Airport will be the first project to be financed under the fund, structured with approximately 20 billion Kenyan shillings (about 155 million U.S. dollars) in equity participation from the fund and domestic institutional investors.
The Kenyan leader said the fund will close the infrastructure financing gap by raising over 5 trillion shillings to support key projects, including the production of 10,000 megawatts of clean energy, 50 mega dams, 200 micro-dams, more than 1,000 small dams, 2,500 km of dual carriageways, and 28,000 km of roads.
He said the government will have the necessary financing for extending the Standard Gauge Railway from the lakeside town of Naivasha to Malaba near the border with Uganda and Kisumu in western Kenya.
The fund will be managed by a board comprising eight persons, including four independent directors to be competitively recruited by the governing council, three public officers appointed based on their expertise, and a chief executive officer.
Funding is expected to come from government allocations, private investment, privatization proceeds, grants, and loans. 

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The chairperson said in a statement that he is closely following developments in the region, which are marked by “concerning incidents that are escalating tensions and undermining regional stability,” News.Az reports, citing CNN.
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He expressed deep concern over recent attacks on critical infrastructure, including energy and transport facilities, which further heightened tensions and is threatening regional and global economic stability.
Highlighting that such actions are disrupting vital supply chains and have far-reaching implications for international trade and energy markets, he condemned any violation of international law, including infringements on the sovereignty and territorial integrity of states.
He called on all related parties to exercise maximum restraint, prioritize dialogue and diplomacy, and work toward a swift de-escalation of the situation, in accordance with the principles and purposes of the Charter of the United Nations.
“Rising oil prices and disruptions in trade routes are already affecting markets, including the export of perishables from Africa, while disruptions to airspace are impacting African airlines and travel connectivity,” Youssouf said.
He reiterated the 55-member continental organization’s commitment to international law, the peaceful resolution of disputes, and the preservation of international peace and security. 

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