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 …
Read More »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 …
Read More »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. …
Read More »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 …
Read More »Presidents of Kenya, South Sudan resolve to boost infrastructure to spur trade
Nairobi, Kenya | Xinhua | Kenya and South Sudan leaders on Saturday agreed to pursue joint infrastructure projects to boost regional integration and spur trade between the two countries. Visiting South Sudan President Salva Kiir and his Kenyan counterpart William Ruto also signed a Memorandum of Understanding on the establishment of …
Read More »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, …
Read More »Ruto cuts on weigh bridges, roadblocks on Mombasa-Kla route
Ruto directs new measures to improve cargo handling at Mombasa Kampala, Uganda | THE INDEPENDENT | Kenya has agreed with neighbouring countries, a raft of measures to be implemented immediately to improve cargo handling through the Port of Mombasa to the hinterland. Among them, Ruto directed the immediate removal of all …
Read More »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 …
Read More »State of the news: Kenya, Nigeria, South Africa high up the media trust ladder, TikTok advancing rapidly
According to a recent digital news report, Kenya, South Africa, and Nigeria continue to have high levels of trust for the news, despite younger audiences increasingly turning to Tiktok for updates. SPECIAL FEATURE | BIRD AGENCY | According to the recently released Reuters Institute Digital News Report 2023, Kenya has …
Read More »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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