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Browsing: President Uhuru Kenyatta
Diop said he was holding roundtable discussions with stakeholders in the pharmaceuticals and housing sectors to deliberate on how to collaborate in the areas of affordable healthcare and housing for the Kenyan people.
President Kenyatta and Diop also discussed a plan that Kenya is keen on implementing to manufacture vaccines.
Kenyatta noted that the Big 4 Agenda had opened opportunities for increased collaboration through the country’s Public-Private Partnership programme.…
- Tanzania's cement demand is estimated to have clocked 5.9Mt and is growing fast.
- Maweni Limestone Ltd will be China’s first African entity producing cement on the continent instead of importing.
- The newly purchased plant by Huaxin Cement has already been upgraded to a production capacity of 1.6Mt/yr.
If there is a booming industry in Tanzania, it is the cement industry – an industry that has more than doubled in production in under a decade.
As of 2011, Tanzania was producing 2.4Mt annually, a figure that has shot up to 6.5Mt as of 2020.
Compared to the previous year, the production volume of cement grew by 44.5 per cent and is associated with rising construction activity in the country.
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Another marker of how well the industry is doing is the amount of investment the sector is getting annually. Consider the most recent buyout of Maweni Limestone Ltd by China’s Huaxin
- President Uhuru Kenyatta said renewable energy currently accounts for 73% of Kenya’s installed power generation capacity
- The Kenyan leader called on the international community to invest more in research, innovation and technology transfer
- He also reaffirmed Kenya’s commitment to the below 1.5 degrees climate ambition, and announced the country’s endorsement of the proposed Glasgow decision on ‘power and green hydrogen in the energy sector’
President Uhuru Kenyatta has told the international community that Kenya is determined and on course to achieving full transition to clean energy by the year 2030.
The President noted that renewable energy currently accounts for 73% of Kenya’s installed power generation capacity while 90% of electricity in use is from green sources among them geothermal, wind, solar and hydro-electric installations.
“Renewable energy in Kenya currently accounts for 73% of the installed power generation capacity, while 90% of the electricity in use is from clean sources. We …
- The World Bank Board of Directors has approved a US$150 million to support locally-led climate resilience projects in all rural wards in Kenya
- The program’s development objective is to deliver locally-led climate resilience actions
The World Bank Board of Directors has approved a US$150 million International Development Association (IDA) credit to support community identified and locally-led climate resilience projects in all rural wards in Kenya.
In a statement, the organization says the resources will be channelled through the new Financing Locally–Led Climate Action (FLLoCA) Program.
The program’s development objective is to deliver locally-led climate resilience actions and strengthen county and national governments’ capacity to manage climate risks.
“Kenya has demonstrated leadership in establishing a policy framework to manage climate risk though climate action is still underfunded.” said Keith Hansen, World Bank Country Director for Kenya.
“This financing will support the Government of Kenya meet its climate commitments to increase financing …
- The eight agreements cover broad areas of cooperation between Kenya and Malawi including politics, diplomacy, defence, fisheries and aquaculture among others
- Kenyatta said collaboration and consolidation of ties between the two countries would guarantee socioeconomic growth of their citizens
- Previously, Kenyan industrialists have said they are seeking trade linkages that will allow them to establish joint ventures with Malawians
Kenya and Malawi have entered into new bilateral relations by signing eight new agreements designed to strengthen socioeconomic bonds between the two nations.
The agreements were signed on October 22 at State House, Nairobi at the end of bilateral talks between Kenyan and Malawian delegations led by President Uhuru Kenyatta and his Southern Africa counterpart Lazarus Chakwera.
The eight agreements covered broad areas of cooperation between Kenya and Malawi in politics, diplomacy, defence, fisheries and aquaculture as well as cooperative development. Others are technical cooperation in health and tourism. (midwaymoving.com…
- Kenyatta said the interventions would help an economy that was already recording remarkable recovery
- The new programme targets the key product and service sectors in thirteen strategic intervention
Kenya’s President Uhuru Kenyatta has announced the rolling out of the country’s third financial stimulus programme, designed to accelerate the pace of economic growth and to sustain the gains already made.
Speaking during the Mashujaa Day celebrations on Wednesday, October 20, Kenyatta said the interventions would help an economy that was already recording remarkable recovery.
“This rebound is as a result of the gradual reopening of the economy especially the services sector coupled with stronger global demand. This recovery is reflected in the strong revenue performance for the Quarter ending September 2021,” he said.
The new programme, which will be effective 1st November 2021, targets the key product and service sectors in thirteen strategic interventions as listed below.
The first intervention is
…At the same time, KEPSA said the initiative will provide a unique platform to facilitate U.S. and Kenyan SME partnerships.
It will also help in supporting women and youth to run Kenyan entrepreneurs as well as U.S. women, minority, and diaspora owned businesses, and help SMEs in both countries address the current challenges many faces to access the two markets.
The agreement was signed by CCA President & CEO Florizelle Liser and KEPSA CEO Carole Kariuki and witnessed by President Uhuru Kenyatta in New York, U.S.A.…
Looking at the bigger picture, speculations are that the milk and milk product levies and taxes are designed to lure Uganda to choose favourably towards other trade issues that are pending.
As local Ugandan media puts it; “Uganda maintains that if there are issues that need to be addressed, they can be handled through bilateral arrangements or the regional trade agreements within the East African Community instead of using arbitrary means such as high taxes.”
Squeezing Uganda to act in its favour, Kenya has also imposed what Uganda is terming ‘a restriction to Ugandan diary products since January 2020.’ Notably, Kenya is Uganda’s largest milk trading partner in the region, yet for over an year now, Kenya has maintained restrictions on Ugandan milk products despite the East African Community (EAC) common market protocol.…
In what has been christened her first official state visit, Tanzania President Samia Suluhu Hassan has today begun her two day visit to neighbouring Kenya.
The visit is considered her first state visit and not her recent trip to Uganda, which was more of a ‘business trip’, meant to but sign the multi-billion-dollar oil pipeline deal and not a diplomatic visit to discuss diplomatic relations and economics.
The highly anticipated visit is expected to strengthen diplomatic ties as well as iron out economic creases that the two countries had wrangled themselves in over the course of the past few years.
The trip comes as a fulfillment of President Samia’s pledge to parliament that her administration will without fail ‘restore and improve economic diplomacy with partners in the region and across the world.’
The visit is also seen as part of the president’s move to attract investors, a goal that needs …
When one of the World’s richest couples decides to divorce then yes we are all warrant to Tweet our P and Qs. So, as the social media world continues to dot the couples’ i’s and cross their t’s let as look at ‘the poor man’ in one of the World’s wealthiest people.
As of February this year, Bill Gates’ net worth of over $137 billion, keeping the world renown philanthropist right up their with the rest of the World’s richest people.
But that is not what makes Bill Gates standout, it is his willingness to aide the world’s poorest that sets him apart from the other World titans.
Only recently, through the Bill & Melinda Gates Foundation, Bill Gates, has set aside a $306 million package in agricultural development grants for Africa and other parts of the developing World.
Over the years, Bill Gates has invariably donated and granted Africa …