Kenya: Adani Group Shifts Focus to $10 Billion U.S. Investment After Kenya Setback

The Adani Group is now setting its sights on the U.S. market after facing significant pushback in its bid to enter Kenya. Read more »

Kenya: Will Trump Scrap Biden's Kenya Trade Deal and Revive 2020 Talks?

Former US President Donald Trump's return to the White House has cast uncertainty over trade talks between Kenya and the United States, which were revived under President Joe… Read more »

Kenya: Stockbroker Transits to Investment Bank, Eyes Diaspora Investors

Stockbroker Securities Africa has rebranded to Capital A Investment Bank following the regulator's nod, even as it eyes diaspora investors. Read more »

East Africa: East Africa to Gain As India Lifts Ban On Rice Exports

India's decision to lift the ban on non-basmati rice exports is expected to benefit East African countries, which rely heavily on imports to meet their consumption needs. Read more »

Africa: Kenya's Ruto Urges Africa to Cut Aid Reliance, Boost Healthcare Investment

Kenya's President William Ruto called for Africa to reduce its reliance on foreign aid and push for self-reliance in healthcare at the launch of a new financing program aimed at… Read more »

Kenya: Adani's Proposed Takeover Deal of JKIA Triggers Millions in Airline Losses

Kenya's Jomo Kenyatta International Airport (JKIA) faced significant disruptions on Wednesday after aviation workers halted operations in protest against the proposed 30 year lease… Read more »

Africa: Red Sea Crisis Slashes DP World Profits, Likely to Hit East Africa Investment

Dubai-based port operator DP World has reported a significant drop in its half-year profits, driven by disruptions in the Red Sea caused by the ongoing conflict between Yemen's… Read more »

Kenya: Ukraine Proposes Kenya As Key Grain Hub Partner in Africa

Ukraine has proposed Kenya as a significant partner in establishing grain hubs for its produce at African ports, aiming to stabilise the food supply in the region. Read more »

Tanzania: Private Investors Now Control 67% of Dar es Salaam Port

The Tanzanian government has handed control of its seaport to private investors, ceding the second terminal to Adani, India's largest port operator. Read more »

Kenya: China, Jordan, Among Foreign Bidders Eyeing Kenyan Land for Production

Foreign countries and banks are among the interested parties that submitted bids for leasing government lands as the call for submission of interests closes today. Read more »

Kenya: KQ, SAA Delay Pan-African Airline Formation for Recapitalisation

The establishment of a Pan-African Airline, scheduled to take shape this year, has been delayed as the two carriers intended to form the alliance are seeking to recapitalise. Read more »