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    Kenya’s Export Competitiveness Falls by 40% Over Two Decades as Economic Transformation Stalls

    Kenya’s Export Competitiveness Falls by 40% Over Two Decades as Economic Transformation Stalls

    Once vaunted as East Africa’s export nerve center, Kenya now lags behind a growing cadre of nimbler African economies such as Mozambique, Rwanda, Senegal, and Cameroon in global export competitiveness. [...]
    Brian
    Brian Nzomo
    9 months ago
    StanChart, British Investor Launch US$100Mn Trade Finance Facility for Kenyan, Tanzanian Firms

    StanChart, British Investor Launch US$100Mn Trade Finance Facility for Kenyan, Tanzanian Firms

    The Standard Chartered Bank and British International Investment (BII), a UK development finance institution, have signed a US$100 million trade finance agreement aimed at expanding access to capital for businesses [...]
    Brian
    Brian Nzomo
    9 months ago
    Tariff Tensions and Trade Shifts are Reshaping Global Supply Chains

    Tariff Tensions and Trade Shifts are Reshaping Global Supply Chains

    The 14% surge in U.S. imports during the first quarter of 2025 wasn’t fueled by booming consumer demand or economic strength- it was a frantic race against time, as importers [...]
    Chelsy
    Chelsy Maina
    9 months ago
    Kenya Looks East as Imports from Asia Surge and Intra-Africa Trade Shrinks

    Kenya Looks East as Imports from Asia Surge and Intra-Africa Trade Shrinks

    Kenya’s trade flows are shifting decisively toward Asia, as new data shows a surge in imports from China and the Gulf while exports to traditional African partners contracted sharply in [...]
    Brian
    Brian Nzomo
    9 months ago
    Kenya's Food Regulator Denies Claims of Fresh Avocado Export Ban

    Kenya's Food Regulator Denies Claims of Fresh Avocado Export Ban

    The Agriculture and Food Authority (AFA) has dismissed recent claims suggesting that a ban on fresh avocado exports was proposed during a high-level meeting with avocado oil processors. In response [...]
    Fred
    Fred Obura
    9 months ago
    Kenya Arms Itself for Global Trade Realignments With New Technical Standards Committee

    Kenya Arms Itself for Global Trade Realignments With New Technical Standards Committee

    Kenya has unveiled a new, inter-agency institution at the heart of its export economy dubbed the National Technical Barriers to Trade Committee designed to defend the country’s goods against non-tariff [...]
    Brian
    Brian Nzomo
    10 months ago
    Africa Launches First Pan-African Card Scheme – PAPSSCARD

    Africa Launches First Pan-African Card Scheme – PAPSSCARD

    A joint venture by the African Export-Import Bank (Afreximbank), the Pan-African Payment and Settlement System (PAPSS), and Mercury Payment Services (MPS) has launched the PAPSSCARD, first Pan-African card scheme of [...]
    Staff
    Staff Reporter
    10 months ago
    Gold Refineries in Nairobi Are Fuelling Smuggling from Neighbouring Countries

    Gold Refineries in Nairobi Are Fuelling Smuggling from Neighbouring Countries

    The large number of gold refineries operating in Nairobi and its surroundings is fuelling smuggling across the region, a new report by the development organisation SWISSAID claims. “These refineries might [...]
    Fred
    Fred Obura
    10 months ago
    UAE Displaces Sudan Among Top Markets for Kenya's Tea amid Diplomatic Row

    UAE Displaces Sudan Among Top Markets for Kenya's Tea amid Diplomatic Row

    Kenya’s tea exports to Sudan slumped by over a third, month-on-month, amid a deepening diplomatic fallout between Nairobi and Khartoum. The trade freeze has tangible consequences for Kenya’s exports as [...]
    Brian
    Brian Nzomo
    a year ago
    Ghana Earns Over US$1.1bn in First Month of New Gold Purchase Program

    Ghana Earns Over US$1.1bn in First Month of New Gold Purchase Program

    Ghana has recorded over $1.17 billion in foreign exchange earnings in just one month of operations under the Goldbod gold purchase programme, according to Finance Minister Dr. Cassiel Ato Forson. [...]
    Chelsy
    Chelsy Maina
    a year ago
    Fish Farm Gate Prices Rise, State Sets KSh1.5Bn for New Landing Sites

    Fish Farm Gate Prices Rise, State Sets KSh1.5Bn for New Landing Sites

    Fish farmers have been experiencing stable and improved farm gate prices in nearly all major fisheries value chains for the past four years, data from the Kenya National Bureau of [...]
    Fred
    Fred Obura
    a year ago
    Kenya's Fresh Vegetable Exports Tank as Pesticide Concerns Bite

    Kenya's Fresh Vegetable Exports Tank as Pesticide Concerns Bite

    Kenya's earnings from the export of fresh vegetables fell from KSh 51 billion in 2023 to KSh 23.4 billion in 2024, primarily due to growing concerns about the pesticide levels [...]
    Fred
    Fred Obura
    a year ago

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