Browsing: sustainability

Tourism in Kenya
  • Tourism in Kenya is the third-biggest foreign exchange earner after remittances and agricultural exports.
  • The tourism sector’s performance has been impressive, with earnings reaching $ 2.7 billion in 2023, a 32 per cent growth from $1.8 billion recorded in 2022.
  • In 2024, the sector is projected to recover to pre-pandemic levels per the strategy for tourism in Kenya 2021-2025.

Tourism in Kenya

Tourism is Kenya’s third-highest foreign exchange earner after remittances and agricultural exports.

According to the Tourism Research Institute, the industry accounts for about 10 per cent of Kenya’s gross domestic product and about 5 per cent of its formal employment.

Kenya has been a significant tourist destination in East Africa, attracting visitors worldwide to its wildlife parks, sandy beaches at the coast, diverse flora and fauna, cultural heritage, and scenic landscapes, to name a few.

However, the outbreak of COVID-19 sent shockwaves to the tourism sector, bringing it …

Dubai Real Estate Vision 2040
  • The ambitious Dubai Real Estate Vision 2040 is set to propel the UAE real estate sector towards a revolutionary expansion period.
  • The International Property Show stands at the vanguard of this dynamic market, offering a platform for local and international exhibitors to unveil their latest projects and forge connections.
  • Through improvements to transportation and social infrastructure, the Master Plan is anticipated to open up numerous economic opportunities, especially in the real estate sector.

Dubai Real Estate Vision 2040 Going Global

Dubai’s International Property Show (IPS) marks its 20th edition, indicating the city’s unyielding allure in the global real estate arena. This prestigious event, inaugurated by His Excellency Engineer Marwan bin Ghalifa, is a showcase and a confluence of innovation, opportunity, and vision, reflecting Dubai’s ambition and strategic trajectory towards the Dubai Urban Plan 2040.

Dubai’s real estate sector is experiencing a vibrant upswing, characterized by robust growth across all domains—residential, …

A group of women chama representatives during the BIC Mama ni Mwangaza award ceremony. BIC EA has awarded women groups positively impacting their communities. www.theexchange.africa

Over the course of 1 month, 170 chamas in and around Nairobi were engaged in a programme entitled ‘Mama ni Mwangaza’ aimed at proving the cost-effectiveness, safety and efficiency in using a BIC lighter vs using matches.

After this, a competition was held in which each chama had to spread the word and explain what they had learned to friends and acquaintances who would, through a USSD code, respond to questions and award that chama points.

Chamas earned points for spreading the word and sharing what they had learned with friends and family. The three chamas received cash prizes to support their community projects.…

gas flaring in AFrica

Gas flaring challenge,

In the sub-Saharan region, approximately 75% of the population lives without access to reliable or stable energy. And yet, Africa flares around 40 billion cubic meters of gas(gas flaring), annually, of which 35 billion cubic meters are flared in sub-Saharan Africa. These statistics provided by ResearchGate highlight how much gas is being wasted and the importance of investing in solutions that minimise this in favor of changing the African power conversation.

Flaring does more than waste, it impacts citizens’ health. The ResearchGate analysis, for example, found that Nigeria flared 23 billion cubic metres annually, alone. And research by the Climate & Clean Air Coalition found that in Nigeria, some people had not seen the night sky for years. Around two million people along the Niger Delta living within kilometres of a gas flare that fights with the sun for dominance of the sky and they suffer