Trending
- Investment opportunities in South Sudan’s emerging gold industry
- Family planning drive in Kenya gets 450,000 self-injectable contraceptive doses from UK
- AfDB commits $2 billion to revolutionise clean cooking in Africa, save forests
- The harsh realities of family laws for African women revealed
- Kenyan home buyers shift preferences, seek affordable housing despite market downturn
- How startup Yeeo is shaping the future of business contacts with eco-friendly innovation
- Stakeholders in Nairobi seek to unlock Kenya’s green jobs potential
- Alarming surge in online child exploitation sweeps Africa
Business
- In the past two years, short-term rentals in Nairobi have been the new trend.
- Hospitality has bounced back remarkably after the challenges posed by the COVID-19 pandemic, emerging as one of the best-performing asset classes in 2023.
- Trappler highlights that hospitality is a key economic driver, employment creator, and focal property type in regions throughout East Africa.
Hospitality has bounced back remarkably after the challenges posed by the COVID-19 pandemic, emerging as one of the best-performing asset classes in 2023. This resurgence is particularly notable in Nairobi, especially with the renewed demand for short-term rentals.
The strategic position of Kenya’s capital city serves as an East African hub for various industries, including corporate, government, MICE (Meetings, Incentives, Conferences, and Exhibitions), embassies, and tourism, which makes it an attractive destination for hospitality and residence brands.
The increasing and diversifying demand for accommodation creates meaningful opportunities for market expansion and business growth.…
- The partnership will enable Kenya and South Korea to strengthen legal services and networks for African companies.
- G&A has built a strong reputation in Africa, delivering on transformational projects like the recent Eurobond
- In February last year, the two countries pledged to continue to nurture and expand ties
A law firm in Nairobi is championing a plan to see Kenya and South Korea strengthen legal services for companies in Africa. Kenya’s G&A Advocates LLP has signed a partnership agreement with South Korea-based law firm Jipyong ahead of the Korea-African Summit. The partnership will enable Kenya and South Korea to strengthen legal services and networks for African companies.
The Korean African Summit is set to take place between June 4 and June 5 in Seoul, South Korea, under the theme: “The Future We Make Together, Shared Growth, Sustainability and Solidarity.”
The summit, which will be the first-ever, aims to strengthen the …
- The upcoming US-Africa green and sustainable financing forum in Côte d’Ivoire aims to mobilize funding for infrastructure projects across Africa.
- Set for March 19–20, the workshop will feature industry leaders, US technical experts, and key financiers.
- The event highlights the critical need for renewable energy funding models, financing mechanisms, and regulatory and policy reforms to facilitate the growth of green and sustainable infrastructure.
To foster sustainable development in Africa, the United States Trade and Development Agency (USTDA) is joining forces with the African Development Bank Group to host the US-Africa Green and Sustainable Financing Workshop.
Set to go down in Abidjan, Côte d’Ivoire, on March 19–20, 2024, this event is poised to bring to the forefront the pressing need for green and sustainable infrastructure projects across the continent.
The workshop, a convergence of industry leaders, explores innovative financing models that can support Africa’s journey towards a resilient and sustainable future.…
- The Kenyan shilling depreciated by 0.3 per cent against the US dollar between July 18 and 22, 2022, to close the week at KSh 118.6, from KSh 118.3 recorded the previous week
- Analysts from Cytonn Investments attributed the depreciation to increased dollar demand from the oil and energy sectors against a slower supply of hard currency
- On a year-to-date basis, the shilling has depreciated by 4.8% against the dollar, higher than the 3.6% depreciation recorded in 2021
The Kenyan shilling depreciated by 0.3 per cent against the US dollar between July 18 and 22, 2022, to close the week at KSh 118.6, from KSh 118.3 recorded the previous week.
Analysts from Cytonn Investments attributed the decline to increased dollar demand from the oil and energy sectors against a slower supply of hard currency.
On a year-to-date basis, the shilling has depreciated by 4.8% against the dollar, higher than the 3.6% …
- The Africa Centre for Disease Control (Africa CDC) will receive $100 million from the Wold to support a programme that would help enhance its technical capacity
- The funding will also strengthen Africa CDC’s institutional framework to intensify support to African countries in preparing for, detecting, and responding to disease outbreaks
- The funds come when the continent is addressing several infectious disease outbreaks in addition to COVID-19, and there are growing risks looking ahead
The Africa Centre for Disease Control (Africa CDC) will receive $100 million from the Wold to support a programme that would help enhance its technical capacity.
According to the partners, the deal will also strengthen Africa CDC’s institutional framework to intensify support to African countries in preparing for, detecting, and responding to disease outbreaks and public health emergencies.
The funds come when the continent is addressing several infectious disease outbreaks in addition to COVID-19, and there are …
- Kenya Airways (KQ) and Virgin Atlantic (VS) have announced an interline agreement to provide greater customer convenience
- The airline will extend its reach in the Middle East, the US, and the Caribbean via London.
- The agreement further enables Virgin Atlantic passengers to book a through ticket to Nairobi and enjoy seamless connections to Kenya Airways destinations across Africa
Kenya’s national Carrier, Kenya Airways (KQ), and Virgin Atlantic (VS) have announced an interline agreement to provide greater customer convenience.
Under the interline agreement, Kenya Airways will extend its reach in the Middle East, the US, and the Caribbean via London.
Kenya Airways customers flying to London can connect with Virgin Atlantic-operated flights to Tel Aviv, Boston, Los Angeles, Atlanta, and Bridgetown, among others.
The agreement further enables Virgin Atlantic passengers to book a through ticket to Nairobi and enjoy seamless connections to Kenya Airways destinations across Africa.
Kenya Airways Chief Commercial …
- President Uhuru Kenyatta has achieved a lot in his tenure as the Chair of the East African Community, EAC Secretary General Peter Mathuki has said
- Mathuki pointed out that other key achievements of President Kenyatta as the EAC chair include the admission of DR Congo into the community
- Mathuki said President Kenyatta’s tenure as the EAC chair also saw the implementation of the common external tariff that discouraged the importation of goods that could be produced locally
President Uhuru Kenyatta has achieved a lot in his tenure as the Chair of the East African Community, EAC Secretary General Peter Mathuki has said.
Speaking ahead of the 22nd Ordinary Summit of the East African Community (EAC) Heads of State in Arusha, Tanzania, Mathuki pointed out that other key achievements of President Kenyatta as the EAC chair include the admission of DR Congo into the community.
“DRC is a full member …
- Jubilee Health has partnered with M-TIBA & Solution Sacco to launch a comprehensive and affordable health insurance cover dubbed “Solution Afya medical scheme”
- The partnership will enable over 25,000 SACCO members and community-based organisations to benefit from the medical scheme through an extensive network of service providers across Kenya
- The medical scheme will enable users to sign up and manage their health policies through M-TIBA’s mobile platform
Jubilee Health has partnered with M-TIBA & Solution Sacco to launch a comprehensive and affordable health insurance cover dubbed “Solution Afya medical scheme”.
The Nairobi-headquartered insurer said the partnership will enable over 25,000 SACCO members and community-based organisations to benefit from the medical scheme through an extensive network of service providers across the country.
The medical scheme will enable users to sign up and manage their health policies through M-TIBA’s mobile platform.
The health cover, with a minimum premium of …
- Tanzania will receive $73.5 million to finance a programme that will boost its food production by a million tonnes
- The African Development Bank Group (AfDB) said its board had approved the funding, which will go into the Tanzania Agricultural Inputs Support Project
- The project, which will span from September 2022-June 2025, was designed under AfDB’s African Emergency Food Production Facility to tackle a potential food crisis exacerbated by the war in Ukraine
In the next three years, Tanzania will receive $73.5 million to finance a programme that will boost its food production by a million tonnes.
In a statement, the African Development Bank Group (AfDB) said its board had approved the funding, which will go into the Tanzania Agricultural Inputs Support Project.
The project, which will span from September 2022-June 2025, was designed under the Bank Group’s African Emergency Food Production Facility to tackle a potential food crisis exacerbated by …
