Browsing: Kenya

Egypt has overtaken Nigeria by raising $540 million in tech startup funding in the year to June 2023. This year,…

Until the Biden Administration, US-Africa trade relations had remained remarkably consistent. Africa Growth and Opportunities Act (AGOA), in place since October 2000 through five separate US administrations, has been the ‘centrepiece’ of this consistency.

During the last quarter of 2022, the EAC hit an intra-trade value of $10.17 billion. This was a 20% proportion…

Kenyan water firms are seeking about $7.1 billion from the capital markets for various projects.  The initiative is a liaison…

 In Kenya, mining yields high-grade quantities of gold, copper, ilmenite and tantalum. Kenya is an important source of non-metallic minerals…

A recent report has revealed that the ban on second-hand clothing, also known as mitumba, might not enhance Kenya’s textile industry as previously anticipated. The report commissioned by the Mitumba Consortium Association of Kenya (MCAS) on the Second-Hand Clothing Industry in the East Africa Community has cautioned against protectionism towards importing second-hand clothing.

Coconut remains one of the most important and useful palms globally. The global coconut products market could reach $31.1 billion by 2026. This follows its increasing use in food, beverage, cosmetics, and other industries. There are opportunities in the global coconut industry for the African government and the private sector to explore and earn foreign exchange.

PROPARCO and the IFC, are scaling up of renewable energy production in both Kenya and DRC.  The two organisations will…

Women and youth in Kenya’s agricultural sector are set to benefit from new AfDB funding.  Another $1.3 million has been…

Kenyan imports from Saudi Arabia grew three fold to $228 million in March on increased orders of diesel.  This was…