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New Safety Index Reveals 94% of Kenyan Ride-hailing Users Consider the Service as Safer than Other Transport Modes
Kenya Introduces 0.2% Standards Levy on Locally Made Goods
The Kenyan government has introduced a 0.2% standards levy on locally manufactured goods.
ABSA, Co-op and I&M Hit New Highs, All Indices drop in Monday’s Trading
Africa Re, IFC Push to Insure Millions of Farmers Against Climate Risk
Most of Africa’s farmers are not insured against climate shocks, a gap that threatens livelihoods and food security across the continent.
Treasury Bondholders to Receive Coupon Payments This Week
Equinix to Open US$ 22 Million Data Center in Lagos, Nigeria
Global data center and colocation provider Equinix (Nasdaq: EQIX) has announced that it will open its high performance data center in Lagos, Nigeria
Kenya Rises as Key Exporter to Rwanda as Tanzania’s Role Contracts
While Kenya’s imports to Rwanda have grown steadily, the country remains a minor destination for Rwandan exports.
Kenya Courts Emirati Investors in Logistics, Green Energy
Kenya is courting investors from Sharjah, the third largest city in the United Arab Emirates (UAE), to take up opportunities in ports, logistics and green industrial projects.
OpenAI Says It Will Not Seek U.S. Government Loan Guarantees for AI Infrastructure Expansion
OpenAI has clarified that it will not seek U.S. government loan guarantees to support a major infrastructure expansion, including data centers and AI chip investments.
Faida Keeps Co-op and KCB on Buy, Holds Majority of NSE Large Caps at Neutral
Kenya Mulls Stricter Local Hiring, Sourcing Rules on Foreign Investors
Without addressing these structural challenges, mandatory quotas and stiff penalties could strain foreign participation and undermine the proposed law’s goals of boosting local industry.