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- History beckons as push for Kenya’s Ruto to address US Congress gathers pace
- IMF’s Sub-Saharan Africa economic forecast shows 1.2 percent GDP growth
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- Empowering the Future: Humanity Protocol’s Dream Play Initiative
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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.…
- Telkom Kenya has connected nine more counties to its countrywide Mobile 4G/LTE Network
- The technology company said it had completed the Coast and Lower Eastern phase of its network expansion plans
- Telkom Kenya has added Mombasa, Kilifi, Kwale, Lamu, and Taita/Taveta, and Makueni, Machakos, Kitui, and Kajiado Counties to its Mobile 4G/LTE Network
Telkom Kenya has connected nine more counties to its countrywide Mobile 4G/LTE Network, The Exchange Africa has learned.
On Tuesday, June 12, 2022, the technology company said it had completed the Coast and Lower Eastern phase of its network expansion plans.
The company said it has added Mombasa, Kilifi, Kwale, Lamu, and Taita/Taveta, and Makueni, Machakos, Kitui, and Kajiado Counties to its Mobile 4G/LTE Network. As such, the firm has erected an additional 224 4G sites in the area.
According to the telco, the expansion is part of plans that Telkom Kenya, along with its partners, Ericsson, …
- Diamond Trust Bank (DTB) has opened three new brick-and-mortar branches in Kenya as part of its growth strategy, to bring its branch network in the country to 64
- The three new branches are located at Imara Daima (Imaara Mall), Kamakis (Viashla Business Centre) and Kahawa Sukari (Ruhan Plaza)
- The lender also announced that it would open 17 more branches in Kenya before the end of 2022, signalling a sizeable expansion in its branch network
Regional lender Diamond Trust Bank (DTB) has opened three new brick-and-mortar branches in Kenya as part of its growth strategy, The Exchange Africa has learned.
DTB said the three new branches are located at Imara Daima (Imaara Mall), Kamakis (Viashla Business Centre) and Kahawa Sukari (Ruhan Plaza).
The new branches now bring DTB’s physical branch network in Kenya to 64.
DTB Kenya Chairperson Linus Gitahi described the move as part of the bank’s plan to deepen …
- A report by the Kenya National Bureau of Statistics (KNBS) indicates that Kenya’s real estate sector grew by 6.1 per cent in the first quarter of 2022
- KNBS revealed that the decline in performance was attributed to a slowdown in activities in the market, which resulted in a decline in transactions in the sector
- The construction sector grew by 6.4 per cent in the quarter under review, marking a 0.4 per cent decline from the 6.8 per cent growth that was realised in the first quarter of 2021
Kenya’s real estate sector grew by 6.1 per cent in the first quarter of 2022, representing a 0.6 per cent decline from the 6.7 per cent growth that was recorded in the corresponding quarter in 2021.
A finding by the Kenya National Bureau of Statistics (KNBS) revealed that the decline in performance was attributed to a slowdown in activities in the market, …
In a new report, the Commission on Revenue Allocation (CRA) has revealed the richest counties in Kenya that contribute the highest share to the national cake.
The government agency stated the top five wealthiest counties of Nairobi, Kiambu, Mombasa, Nakuru, and Meru contribute 46.9% to the Gross Domestic Product (GDP).
Nyandarua was ranked the top county in wealth creation since 2013. During the period under review, the county’s contribution to the national cake increased to 1.52%, up from 1.03%.…
If you’ve recently found out that your long-term relationship has ended, it can look like an unimaginable irish mail order brides whack. Whether you didn’t discover this coming or perhaps were blindsided by it, the shock could be overwhelming, giving you with unpleasant feelings and emotions that take time to work through.
The best way to cope with a sudden break up is usually to give yourself a good amount of space and time to procedure your emotions. This can incorporate taking up a new hobby, training self-care, or simply just https://en.wikipedia.org/wiki/Online_dating_service making the effort00 outdoors.
You’ll should also avoid concentrating on the reasons why the relationship offers broken down and blaming your ex. Putting all of the blame on them can lead to an elevated level of relax.
Instead, try examining your role in the breakup. This could help you figure out what needs to in order to improve …
- A survey by Stanbic Bank of Kenya revealed that Kenyan firms continued to report a drop in output levels at the end of the second quarter of 2022
- The rate of decline sped up for the third straight month and was sharp, shown by a further decrease in the seasonally adjusted Output Index to its lowest since April 2021
- The sector’s headline Purchasing Managers’ Index (PMI) fell to 46.8 from 48.2 in May, indicating a continued decline in business conditions and activities in the Kenyan economy
Kenyan firms continued to report a drop in output levels at the end of the second quarter of 2022.
A new survey by Stanbic Bank Kenya indicates that the rate of decline sped up for the third straight month and was sharp, shown by a further decrease in the seasonally adjusted Output Index to its lowest since April 2021.
Surveyed businesses said they were …
