Kenya’s Power Imports, Exports Hit Record Highs in Q1 2025
Kenya exported 10.76 GWh of electricity in March 2025, setting a new monthly record primarily driven by Tanzania’s return to importing Kenyan power, ending a six-year absence that had left [...]
Imports from Europe Dip as Trade With China, UAE, India Surges-KNBS
China, the United Arab Emirates, and India were Kenya's top sources of imports in March 2025, the latest Leading Economic Indicators Report shows. During the month, Netherlands, United Kingdom and [...]
AfDB President Warns US Tariffs Could Trigger Economic Disruptions in Africa
Outgoing president of the African Development Bank (AfDB) Dr. Akinwumi Adesina has warned that Washington's new tariff regime could trigger significant economic disruptions across Africa. “When those currencies weaken, two [...]
Kenya's Apparel Exports to the US Rise to KSh 61bn amid AGOA Renewal, Tariff Concerns
Apparels exported to the United States (US) market under the Africa Growth and opportunity Act (AGOA) earned Kenya KSh 60.6 billion last year, a 19.2% jump from KSh 50.8 billion [...]Maize Production Dips, Pushing Flour Prices Up
The production of millet, potatoes and maize fell short of 2023 levels last year, creating the prospect of price increases before the harvest season expected this month in some parts [...]Ruto Questions Trump Tariffs, Calls for Governance Changes at IMF, World Bank
President William Ruto has championed for governance changes at Bretton Woods institutions during his ongoing state visit to China, where he also addressed the ongoing global tariff war triggered by [...]Kenya, Ethiopia Sign Pact to Boost Trade, Collaborate on AfCFTA
Kenya and Ethiopia have signed a landmark agreement to ease cross-border trade, setting a $1,000 threshold for goods moving through the Moyale border under the African Continental Free Trade Area [...]Kenya Names Top Officials to EU Trade Council
Kenya has appointed a team of Cabinet Secretaries to lead its representation on the newly established Economic Partnership Agreement (EPA) Council with the European Union, a key step in operationalizing [...]Afreximbank Posts US$ 973.5M Profit in 2024, Expands Footprint
The African Export-Import Bank (Afreximbank) has posted a net profit of $973.5 million for the financial year ended 31st December 2024, marking a 29% rise from the previous year. Metric [...]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. [...]Trade CS, KEBS Summoned Over KSh 420mn Loss in Contaminated Rice Scandal
The Kenya Bureau of Standards (KEBS) is on the spotlight over a Sh420 million loss at the agency through forgery and falsification of documents. “The issue of importing contaminated rice is [...]How One Kenyan Woman is Brewing Hope Amid the World’s Coffee Shortage
The global coffee industry is facing challenges with prices of the commodity soaring to levels not seen since 1970s, driven by persistent supply concerns in key growing regions such as Brazil [...]
