Thursday , November 7 2024

Tag Archives: Kenya

New UK projects announced to fight climate change in Africa

Nairobi, Kenya | THE INDEPENDENT | The inaugural Africa Climate Summit, being hosted by Kenya  will unveil new UK-backed projects valued at £49 million. These initiatives are centred on mobilizing financial resources for climate action and assisting communities in mitigating the effects of climate change, addressing two crucial fronts in …

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Kadaga attacks Kenya, South Sudan over trade

Kampala, Uganda | THE INDEPENDENT | Third Deputy Prime Minister, Rebecca Kadaga has attacked Kenya and South Sudan for frustrating Ugandan business operators with what she calls unfair trade practices. Speaking at the second two-day East African Business and Investment Summit and Expo 2023 at Speak Resort Munyonyo, Kadaga, also Uganda’s …

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Kenyan remittances from intra-continental expats soar, signal new trend

Kenya is witnessing a surge in remittances from its citizens in other African countries, highlighting the economic impact of intra-African migration. This trend gains significance as European remittance hubs face severe inflation. Experts attribute the rise in intra-African remittances to digital innovation and a growing network of money transfer avenues. …

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Kenya, US trade deal

They are negotiating what could be a model for Africa Kampala, Uganda |  THE INDEPENDENT | The U.S. and Kenya announced a trade and investment partnership in July 2022. During a virtual meeting on July 14, 2022, United States Trade Representative, Katherine Tai, and Kenya’s Ministry of Industrialisation, Trade and Enterprise …

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Kenya Re unveils subsidiary in Kampala

The Kenyan firm also has operations in Zambia and Cote d’Ivoire Kampala, Uganda | THE INDEPENDENT | Kenya’s state-owned Kenya Reinsurance Corporation popularly known as Kenya Re has unveiled its subsidiary in Kampala, becoming the second reinsurer to have a physical presence in the country besides Uganda Reinsurance Corporation. Kenya Re, …

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Uganda shilling steady, Kenya shilling slides

NEWS ANALYSIS | THE INDEPENDETN | The Kenya Shilling has steadily been declining against most currencies, including global leaders like the US Dollar and regional currencies, mainly the Uganda and Tanzania Shilling. For so long, the Uganda Shilling traded at an average of 30 to the Kenya Shilling and one …

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Kenya, Congo-Brazzaville sign 18 cooperation deals

Brazzaville, Congo | Xinhua | Kenya and the Republic of the Congo signed on Saturday 18 cooperation agreements and memoranda of understanding during Kenyan President William Ruto’s state visit to Congo-Brazzaville. The 18 agreements and memoranda of understanding, signed at the People’s Palace in Brazzaville, the capital of the Congo Republic, …

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