Trump's Blanket Visa Bans on 19 Countries Goes into Effect
Last week, US President Donald J. Trump signed an executive order that fully or partially suspends the entry of nationals from 19 countries, most of them African countries, from Monday [...]
Conduit Raises US$36mn, Eyes Asia After Rapid Growth in Africa and Latin America
Stablecoin payments infrastructure provider Conduit has raised US$36 million in a Series A funding round led by Dragonfly Capital, signaling a major acceleration in the firm’s global growth ambitions following [...]Trump Administration Blocks Harvard University From Enrolling Foreign Students
The Trump administration has ordered the termination of the Harvard University’s Student and Exchange Visitor Program (SEVP) certification, effectively barring the institution from enrolling foreign students. “This administration is holding Harvard [...]President Trump 5% Tax on Remittances Set to Rattle Kenya's Foreign Currency Flows
Buried on page 327 of what U.S House Republicans are hailing as “the one, big, beautiful bill,” a proposal by the Trump administration to impose a 5% tax on remittances [...]Kenya’s Stock Exchange Targets Middle East Investors Amid Gulf-Africa Investment Boom
The Nairobi Securities Exchange (NSE) is set to host its first-ever investor roadshow in the United Arab Emirates (UAE) this July, aiming to attract fresh capital into Kenya’s stock market. [...]
China Records Deflation for Second Month in March 2025—But Why?
As inflation stabilizes across most major economies, China is taking a different path—into deflation. While other economies work to tame inflation, China faces a new challenge—too much supply, not enough [...]
Trump Pauses Tariffs at 10% for 90 Days, Escalates Spat with China
US President Donald Trump announced a 90-day suspension of his seismic tariffs on Wednesday, offering temporary relief to trading partners while escalating pressure on China with a steep tariff hike. [...]Gates Foundation Withdraws from Host Country Agreement in Kenya Amid Legal Controversy
The Gates Foundation (formerly Bill Melinda Foundation) has announced its withdrawal from a controversial Host Country Agreement with Kenya that granted it diplomatic privileges and immunities, following months of [...]Tight Supply Pushes Cooking Oil Prices Up, Poultry Meat Stable- FAO
The tightening supply of palm oils from producing regions and the strengthening of the Euro against the USD led to a surge in the prices of cooking oil and meat in [...]Kenyan Manufacturers Seek AGOA Extension Amid Trump's Tariff War
As the start date for US President Trump's new tariff regime looms, Kenyan manufacturers are intensifying calls for the extension of the African Growth and Opportunity Act (AGOA) as the [...]Foreign Investors Flock to Kenya's Stock Market Despite Global Markets Rout Over Tariffs
The global financial markets are reeling from the impact of steep and sweeping tariffs imposed by U.S. President Donald Trump on April 2nd, sparking a widespread sell-off in equities. Impact [...]US President Trump Slaps 10% Tariff on Kenyan Goods
Kenya is among the countries across the world hit by US President Donald Trump’s reciprocal tariffs in what his administration says is a move to correct the country's trade imbalance, [...]
