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Browsing: Kenya
Youth leaders, entrepreneurs and policymakers presented the Africa Youth Climate Assembly Declaration to Kenya’s President William Ruto, and African Development…
AFC and CPF Financial Services will collaborate in identifying, developing, and co-financing infrastructure projects aligned with Kenya’s growth plan. Globally,…
Eight out of the ten finalists in the Ashden Awards’ Global South categories hail from Africa. The Ashden Awards recognize…
At the first Africa Climate Summit, President William Ruto of Kenya ignited a collective vision for a bold, affirmative, and…
The Africa Climate Summit 2023 seeks to foster collaborative efforts in addressing the pressing climate crisis. Ahead of the summit,…
Currently, East Africa is reeling from the effects of the worst drought on record; extreme heat is ravaging northern Africa…
The African Continental Free Trade Area (AfCFTA) is now widely touted as the African Union’s (AU) most audacious project. The framework ties together the most significant number of member countries of any trade agreement since the World Trade Organisation (WTO) in 1995.
The AfCFTA had become topical even before its formal launch. Members of the business community eagerly awaited the full implementation of the AfCFTA. But two years since its formal launch, how far has the AfCFTA ushered in the ‘new era’ of African integration it promised?
On the 1st of June 2023, African ministers for trade and industries adopted a protocol that prevents trading second-hand clothes across the continent under the preferences of the AfCFTA. This was during the high-level African Union – East African Community and the private sector forum, the second Ministerial Retreat of the Council of Ministers on the AfCFTA, held in Nairobi, Kenya, to assess the progress and address critical aspects of the agreement’s implementation.
Kenya, East Africa’s economic nerve centre, was in the dark at 9.45 pm (1845 GMT) on Friday, plunging people and industries into the most prolonged nationwide blackout. Utility Kenya Power stated that the electricity outage was due to “a system disturbance”.
As lights flickered back on for nearly 24 hours later, a game of blame took centre stage, leaving the nation and analysts puzzled and raising concerns about Kenya’s energy infrastructure, emergency preparedness, and overall management.
Businesses in Kenya are facing the impact of tightened monetary policy that is resulting in high lending rates. The government…