EAC remains the biggest market for Kenya’s value-added products such as Cement, Palm oil, Coated Flat-rolled Iron, Soap, Machinery Kampala, Uganda | THE INDEPENDENT |Kenya’s decision to conclude negotiations for an Economic Partnership Agreement (EPA) with the European Union has sparked verbal fights with civil society organisations saying the deal …
Read More »Grand infrastructure projects aren’t a magic bullet for industrial development-Kenya and Ghana
In both cases, improved connectivity failed to catalyse industrialization and instead encouraged land speculation as it opened up new spaces to real estate investment Kampala, Uganda | AGENCIES | The African Union’s flagship Agenda 2063 initiative prioritises large-scale infrastructure development and promises to “link the continent by rail, road, sea and …
Read More »Britam Holdings and two Kenyan banks to sell health insurance
Kampala, Uganda | THE INDEPENDENT | Britam Holdings has signed a partnership agreement with the Commercial Bank of Kenya (KCB) and the National Bank of Kenya (NBK). Through this agreement, KCB Bancassurance Intermediary and National Bank of Kenya Bancassurance Intermediary will distribute two new health insurance products provided by Britam to …
Read More »FAO, government to assess potential new dairy market
Kenya has constantly banned Ugandan dairy products on its market claiming to protect local producers Kampala, Uganda | THE INDEPENDENT | The Food and Agriculture Organization of the United Nations (FAO) has entered into a new partnership with the Dairy Development Authority (DDA) to boost exports of Ugandan milk and dairy …
Read More »Kenyan President unveils digital loan for groups as nation celebrates 60 years of self-rule
Nairobi, Kenya | Xinhua | Kenya on Thursday launched a digital loan facility for groups and Savings and Credit Cooperative Societies (Saccos) as the country commemorated 60 years of internal self-rule. President William Ruto, who launched the digital scheme, said the product dubbed Hustler Group Loans, would give members economic freedom …
Read More »Kenya to roll out 1m locally assembled smartphones
Kampala, Uganda | THE INDEPENDENT | Kenya plans to roll out the first consignment of one million locally-assembled smartphones in two months at a unit price of Kshs 5,484 ($40), in a bid to foster digital access and inclusion. ICT Cabinet Secretary Eliud Owalo said the affordability of smart devices has …
Read More »UPDF finds 503 bullets at Uganda – Kenya border
Kampala, Uganda | THE INDEPENDENT | The joint security team in the Karamoja sub region has recovered 503 live rounds of ammunition at Kokochaya check point, off Karita-Lokales road along Uganda-Kenya borderline. It is alleged that since yesterday the suspects, one identified as Kevo and another yet to be identified both …
Read More »EU launches center to support Kenya’s transition toward digital economy
Nairobi, Kenya | Xinhua | The European Union (EU), Germany and Estonia on Friday launched a 4-billion-shilling (about 29 million U.S. dollars) digital transformation center (DTC) to support Kenya’s transition toward a human-centered digital economy. EU Ambassador to Kenya Henriette Geiger told journalists in Nairobi, Kenya’s capital, that the center will …
Read More »New EAC Regional Force Commander assumes office in North Kivu
Goma, DRC | THE INDEPENDENT | Maj. Gen. Alphaxard Muthuri Kiugu, the new overall commander of the East African Community Regional Force under the peacekeeping mission in North Kivu, has assumed office. Kiugu was appointed by Kenyan President William Ruto last month, to replace Maj. Gen. Jeff Nyaggah resigned citing …
Read More »Retail startup Wasoko expands into Southern African market
The company is investing US$1millon in its first year of operation Zambia – which will be used a hub for regional expansion Lusaka, Zambia | THE INDEPENDENT | Kenya’s B2B retail and e-commerce company, Wasoko, has expanded into the Southern African market, with Zambia as the first investment destination. The company …
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