- Nigeria’s oil output soars to heights not seen since 2020. Here’s what’s changing behind the numbers
- Kenya’s construction costs surge at fastest pace in four years as fuel price shock hits
- African trade is growing despite the obstacles
- Why global capital is betting big on Africa’s digital promise
- Kenya posts stronger-than-expected Q1 growth at 5.3% on manufacturing rebound, tourism boom
- China’s new investment rules are about guardrails, not closed doors
- Zanzibar optimistic economic growth will hit 7.5% on tourism boom
- Kenya defies economic shocks to post record $22 billion in tax collections
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Zanzibar legislators project 7.5% economic growth. President Mwinyi advocates private sector participation. Zanzibar recent talks with Brazil, US expected to bare fruits. Zanzibar has…
KRA reports record KES2.84 trillion (up 10.6%) in tax collections,…
UAE has cemented its spot as the main refining, and…
KumKang Kind is also collaborating with developers in Ethiopia, Ghana, and Algeria outside of Kenya’s boundaries.
In his role as Business Development Director for Kumkang Kind East Africa, Sam Muhia advised the construction industry to be receptive to new ideas, such as using aluminium formwork as a construction component.
The building technology has been implemented by most western countries, according to Muihia, so that inhabitants can have affordable homes.
The construction of the world’s largest heated crude oil pipeline, a 1443km pipeline, has started…
Kentucky Fried Chicken, alias KFC, has suffered a potato shortage at its outlets in Kenya…
The Kenyan bank said it would use the loan to help it increase working capital and trade-related lending to its small and medium-sized enterprise (SME) clients in Kenya, especially those facing COVID-19 related challenges.
The loan from IFC is one of the single-largest credit facilities to a Kenyan lender.
Besides shoring up the bank’s capital base, the new loan will also be lent to customers, fitting IFC’s’ impact investing criteria.
IFC encourages the banks it funds to lend to women-owned enterprises and climate-related ventures such as renewable energy projects.
In his ruling, Judge Bloem said that Shell had failed to prove the safety of the project against the claims made by environmental experts and the local community, and that there had been a substantial flaw in the consultation process with the locals in the Wild Coast.
Protests against Shell exploration have gained 85,000 signatures with over 35 fuel stations dumping the company.
The local communities expressed their disappointment, saying that their customary rights to the land where they fished and did their religious activities had not been respected. Shell quietly announced the commencement of the seismic survey on November 4, 2021.
Rwanda has gone a step further and promoted its tourism attractions on the world stage, through sports via its ‘Visit Rwanda’ tagline on England’s Premium League football clubs.
The EAC core objectives compel the countries to bring collective efforts to promote their industry and share benefits as they come. So far, the EAC treaty (under Article 115) has shown partner states can undertake and develop collective and coordinated approach to the promotion and marketing of quality tourism into and within the community (EAC).
Hence, the entire concept of coordinating policies in the tourism industry to establish a framework of cooperation is vital, as it will promote the equitable manner of benefit-sharing.
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Recent Posts
- Nigeria’s oil output soars to heights not seen since 2020. Here’s what’s changing behind the numbers 22.07.2026
- Kenya’s construction costs surge at fastest pace in four years as fuel price shock hits 21.07.2026
- African trade is growing despite the obstacles 15.07.2026
- Why global capital is betting big on Africa’s digital promise 15.07.2026
- Kenya posts stronger-than-expected Q1 growth at 5.3% on manufacturing rebound, tourism boom 14.07.2026
- China’s new investment rules are about guardrails, not closed doors 14.07.2026
- Zanzibar optimistic economic growth will hit 7.5% on tourism boom 13.07.2026
- Kenya defies economic shocks to post record $22 billion in tax collections 10.07.2026
- Forget South Africa: East Africa now rules in banking industry returns 09.07.2026
- Lamu over Tanga: The commercial calculus that cost Tanzania $20bn refinery 09.07.2026


























