First Independent Mena Newspaper
Former Kenyan president Daniel arap Moi, who ruled for more than 20 years, has died, the office of the president said on Tuesday. “Our nation and our continent were immensely blessed by the dedication and service of the Late Mzee Moi; who spent almost his entire adult life serving Kenya and Africa,” President Uhuru Kenyatta […]
Standard Chartered which has recently released its Trade20 Index, identifying the 20 world economies with the greatest potential for commercial growth, has listed three African countries as rising stars of global trade. These are Côte d’Ivoire (top), Kenya (3rd) and Ghana (13th). The study, which examined 66 markets around the world, found that while existing […]
Kenya is set to benefit from at least 50,000 new jobs in the maritime sector over the medium term as a direct result of its entry into the league of oil-exporting countries. The East African nation on Monday exported its first batch of oil as President Uhuru Kenyatta flagged off the crude shipment from the […]
South Sudan and Kenya seek to boost their cooperation in the oil sector. To this end, South Sudan petroleum minister Daniel Awow Chuang, and his Kenyan counterpart John Munyes met in Juba to discuss ways of enhancing cooperation in the areas of oil infrastructure development and experience sharing, State-owned radio South Sudan Broadcasting Corporation […]
Kenya’s finance minister was arrested on Monday on corruption charges in the East African nation. Mr Henry Rotich turned himself in to authorities on Monday and is currently in police custody, according to the country’s Director of Public Prosecutions Noordin Haji. The charges against Rotich relate to a project to build two hydroelectric dams in […]
The Indian Ocean, Lake Victoria and Lake Turkana have been identified as the most optimal sites for the establishment of Kenya’s first nuclear power plant, local media reported. China National Nuclear Corporation (CNNC) is helping the East African nation’s Nuclear Power and Energy Agency (NuPEA) to identify the sites that would host the first […]
The Kenyan National Environmental Court has ordered the suspension of the controversial project to build a coal-fired power plant on the Lamu Archipelago. Although the government sees the $2 billion Chinese financed project a sure way to promote economic growth, create jobs and secure an energy source for the future, Kenyans condemn the move. A […]
It’s official. The government of Kenya has closed a border with neighboring Somalia indefinitely with cross-border trade banned in the process. Rising tensions between Kenya and Somalia over political and economic interests have seen the two East African countries also spar pettily over border and immigration rules in recent months. The border closure is the […]
Unilever Kenya, a subsidiary of Unilever, an Anglo-Dutch conglomerate has recently commissioned a 619 kWp solar park in the East African nation to supply electricity to its tea leaf processing plant. The mini-grid project was conducted by CrossBoundary Energy, an investment fund specializing in the financing of off-grid projects for companies. The solar park was […]
US-based tech giant Microsoft Corp will launch this year two hubs in Nairobi and Lagos with an investment of over $100 million over five years as it seeks to partner with local talents and governments on the continent, Bloomberg reports. Microsoft will launch two hubs this year and plans to hire 100 workers at the […]