Mombasa Port Records a 6.3% Increase in Amount of Cargo Handled
The port of Mombasa increased the amount of cargo handled by 6.3% to 29.8 million tonnes in the eleven months ending May 2019 compared to the previous period, data released [...]
Kenya Gov't Signs Deal to Develop Crude Oil Refinery in Turkana
Kenya has entered into a joint partnership with the Tullow oil and Africa Oil Corporation to develop a crude oil refinery in Turkana and construct of a pipeline from Lokichar [...]
Israel's Newly Opened Trade Attaché Unit in Kenya Expected to Boost Bilateral Relations
Israel has opened a trade attaché unit in Kenya within the Embassy of Israel, the unit is expected to enhance economic, social, and cultural relations between the two nations. The [...]
Coca Cola Plans $70 Million Factory in Ethiopia
Coca Cola is planning to build a USD 70 million factory in Ethiopia stretching on 14.3 hectares of land, the firm’s shareholders are also planning to invest USD 300 million [...]
Vodacom is Selling 100% of its Nigerian Subsidiary
Vodacom, the South African network operator is selling 100% of its business in Nigeria to Synergy Communication, and it is also finalizing plans to sell its subsidiary in Zambia and [...]
Construction of 460km Kenya-Tanzania Highway to Begin in 2020 AfDB
The African Development Bank (AfDB) has announced that the construction of the 460km transnational highway between Kenya and Tanzania will begin early next year and that the funding for the [...]
China Southern Airlines Launches Non-Stop Flights From JKIA to Changsha
China Southern Airlines has launched two time weekly flights between Nairobi and Changsha, the capital city of central China’s Hunan Province; the flights are meant to boost business and tourism [...]
US Embassy in Kenya Stops Accepting New Currency
The United States Embassy in Kenya has issued a directive barring the use of the new generation currency in Visa application citing the Embassy unpreparedness in developing procedures for the [...]
EIB Partners with Equity Bank to Boost Funding to Agribusiness
LISTEN TO ARTICLE Equity Bank has signed a Sh 5.7 billion partnership with European Investment Bank which will see Kenyan agricultural companies access loans with maturities of up to 7 [...]
UK Appoints Jane Marriott OBE as 1st Female High Commissioner to Kenya
The United Kingdom has appointed Ms Jane Marriott OBE as the first woman envoy to Kenya replacing Nic Hailey who has served since 2015. Currently, she is the director of the [...]
DRC Expresses Interest to Join the East Africa Community
Democratic Republic of Congo President Felix Tshisekedi has expressed interest in his country’s interest to join the East African Community as the 7th member. In a letter written to President [...]
Kenya Budget; Treasury Allots Sh450 Billion to Big 4 Agenda
National Treasury has allocated Sh450.9 billion to towards President Uhuru Kenyatta Big Four Agenda and their enablers for the 2019/2020 financial year, in the previous fiscal year, Kshs 400 billion [...]
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