Tag: Kenya

Kenyan default fears intensify as anti-government protests are to resume

April 26, 2023

Investors are unloading Kenya’s dollar bonds due 2028, whose yields have climbed to 14.6% and the shilling has also trading at a record low, while ... Read More

Tanzania’s, Kenya’s flag carriers explore new cargo partnership

April 21, 2023

Air Tanzania Company Limited and Kenya Airways top officials have met to discuss the possibility for a cargo transportation collaboration aiming to increase value and ... Read More

Kenya’s China dilemma: between foreign investment and dependency

April 20, 2023

While Kenya’s government is targeting Chinese investors to establish manufacturing plants in its special economic zones to boost exports, thousands of local traders have protested ... Read More

Kenya’s economy powers ahead to overtake Angola, as Ethiopia stretches its lead

April 15, 2023

The size of Kenya’s economy will overtake that of Angola, Africa’s leading oil producer, this year even as Ethiopia stretches its lead, according to the ... Read More

Kenya has no money even to pay govt officials but default is ruled out

April 12, 2023

Kenya will not default on its debt repayment obligations, the president’s chief economic adviser has said, as the country’s government failed to pay its employees ... Read More

Camps in Niger, Kenya swell with migrants, refugees fleeing conflict and drought

April 7, 2023

The two camps — Assamaka in Niger and Dadaab in Kenya — are more than 5000 kilometers apart but both swell with migrants or refugees ... Read More

Kenya pondering tax reforms to entice hesitant Western investors

April 4, 2023

Kenya is considering tax reforms, including possible tax breaks, to entice hesitant US and EU investors after Washington complained that corruption and a lack of ... Read More

Kenya to launch first operational satellite next week

April 4, 2023

Kenya’s Defense Ministry and the country’s Space Agency announced Monday the launching on April 10 from California (U.S.) Taifa-1, or Nation-1 in Swahili, the eastern ... Read More

World Bank calls for further lowering of remittance costs to Sub-Saharan Africa

March 29, 2023

The World Bank and industry stakeholders have called for the lowering of the cost of sending remittances from the African diaspora to their home countries, ... Read More

Kenya’s Ruto visits Germany, Belgium to seek trade deals with EU

March 29, 2023

Kenyan President William Ruto, now on a visit to Germany and Belgium, has invited German companies to invest in Kenya’s micro, small, and medium-sized enterprises. ... Read More