First Independent Mena Newspaper
East African economies will decline this year driven due to political instability, unreliable rainfall and reducing agricultural yields, says the latest Macroeconomic Outlook Report for East Africa published by Deloitte, the world’s largest consulting firm. The report that covered Ethiopia, Kenya, Rwanda, Tanzania and Uganda shows that the region’s gross domestic product (GDP) has been […]
Kenya has deployed forces in the East of the Democratic Republic of Congo (DRC) as part of regional mobilization to help end activities of rebel groups in the East of the second largest African country reeling with insecurity caused by armed groups. The boots are posted in Ishasha, a locality near the border with Uganda, […]
Kenya’s newly sworn-in president has expressed willingness to purchase fuel from Russia, just days after making immediate moves to boost the country’s influence on the global stage with a stirring speech at the UN General Assembly. President William Ruto’s announcement that Kenya was open to buying fuel from Russia comes at a time when a […]
Only three African nations control about 56% of the continent’s total wealth, according to the 2022 Africa Wealth Report published by UK investment consultancy firm Henley & Partners in partnership with South African wealth intelligence firm New World Wealth. South Africa, Egypt, Nigeria, Morocco, and Kenya are Africa’s wealthiest countries. The first three countries possess […]
Kenya has adopted a new pro-business stance towards Morocco, writes the Kenyan economic newspaper Business Today, in an analysis published on Saturday, following Kenyan President William Ruto’s decision to rescind recognition of the so-called ‘SADR’. The Kenyan newspaper recalls that the newly sworn President vowed to accelerate economic relations with Morocco and that a week […]
Raila Odinga, leader of the Azimio La Umoja Coalition and main challenger of William Ruto in the latest Kenyan presidential election, denied reports alleging that he had attacked the Kenyan president’s decision to revoke recognition of the so-called SADR. “The reports that I attacked Ruto’s decision to review Kenya’s policy on the polisario are erroneous,” […]
Fuel prices soar to record levels as subsidies were removed in Kenya, while inflation in Ethiopia and Ghana hit record high — in both countries about 44%. In Kenya, fuel prices have risen once again after the government partially removed subsidies that cushioned consumers from the global hike in oil prices. The energy regulator said […]
As Africa reflects on the legacy of Britain’s Queen Elizabeth II, from Kenya to Nigeria to South Africa, the monarch’s passing has reignited a sensitive debate about Britain’s colonial past in parts of the continent, particularly the queen’s role as head of state during British rule. The death of the British monarch has prompted an […]
Kenya has announced this Wednesday its decision to rescind its recognition of the pseudo-Sahrawi Republic, self-proclaimed by the Algeria-backed separatist polisario front. The newly-sworn President of kenya William Samoei Ruto announced that his country rescinds its recognition of the SADR when receiving this Wednesday, September 14, 2022, in Nairobi, the Moroccan Minister of Foreign Affairs, […]
Kenya has started exporting its fresh avocados — dubbed as “green gold” — to China, which is seen as a step in Beijing’s elaborate plan to increase imports from Africa to help balance the trade between China and the continent. The first batch of fresh avocados grown in Kenya and destined for the Chinese market […]