September 02, 2024
Kenya: Ruto Heads to China, Focuses On Loans to Complete Stalled Roads, SGR
President William Ruto has embarked on an official visit to China just days after Nairobi announced that Beijing had agreed to loan Kenya Ksh40 billion to fast-track the completion… Read more »
August 30, 2024
Kenya: Israel Eyes Kenya for Wheat Farming After Galana-Kulalu Maize Failure
Kenya has revealed plans to lease large tracts of land to Israeli investors for wheat production, marking a renewed agricultural venture after an earlier Israeli-led maize project… Read more »
August 29, 2024
Kenya: Rai Sustains Dominance, Controlling Nearly Half of Kenya's Sugar Production
Billionaire Rai family has tightened their grip on the sugar market, with the latest figures indicating that they controlled nearly half of the sales in three months to June. Read more »
August 28, 2024
East Africa: Somalia Gives Kenya a Wide Berth As EAC Heads Launch Raila's AU Bid
The East African Community officially launched Kenya's opposition leader, Raila Odinga, as its preferred candidate for the African Union Commission chairmanship on Tuesday. Read more »
Kenya: Astral Aviation Launches Guangzhou-Nairobi Flight
Astral Aviation has launched its first flight from Guangzhou, China, to Nairobi, Kenya, with an onward connection to Maputo, Mozambique, marking the airline's expansion into the… Read more »
August 27, 2024
Africa: EAC to Launch Raila Odinga for AU Chairmanship
The East African Community is set to endorse Kenya's opposition leader Raila Odinga as its preferred candidate for the African Union Commission chairmanship today. Read more »
August 26, 2024
Kenya: Kenya's Ruto Reinstates Dismissed Officials, Expands Advisory Team
Kenyan President William Ruto is reinstating members of his executive whom he dismissed two months ago for underperformance, expanding his economic council in a move that… Read more »
August 23, 2024
Ethiopia: Ethiopia Airlines Set to Lose Second Horn of Africa Route
Ethiopian Airlines faces the potential loss of another route in the Horn of Africa, as Somali authorities have threatened to revoke its flying rights amidst ongoing territorial… Read more »
Kenya: Kenya Coffee Prices Defy Global Drop On Strong Demand
Kenya's coffee prices held firm in the latest sale, defying a global decline driven by increased supply following a strong harvest in Brazil. Read more »
August 22, 2024
Africa: FAA Directive On Boeing 787 Inspections to Impact African Carriers
African airlines are among those impacted by a new directive from the US Federal Aviation Administration (FAA), which mandates fresh inspections of Boeing 787 Dreamliner planes. Read more »
August 21, 2024
East Africa: Comesa Bloc Eyes $30 Billion From Leather Sector
The Common Market for Eastern and Southern Africa (COMESA) is aiming to boost its annual earnings from the leather sector to $30 billion, according to Nicholas Mudungwe, executive… Read more »
August 20, 2024
Southern Africa: Drought From El Nino Hits Southern Africa, Sparking Food Crisis
Southern Africa is grappling with a severe drought caused by the El Niño weather phenomenon, impacting an estimated 17 of the population within the Southern African… Read more »
Kenya: KQ Turns Focus to Strategic Investor After Profit Return
Kenya Airways is shifting its focus to securing a strategic investor for a fresh capital injection under the Kifaru 2 project as it aims to sustain profitability in 2024 after… Read more »
August 19, 2024
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 »
August 16, 2024
East Africa: Comesa Watchdog Approves NBK, Access Bank Merger
The COMESA Competition Commission (CCC) has approved the proposed acquisition of National Bank of Kenya (NBK) from KCB Group by Nigeria's Access Bank. Read more »
August 15, 2024
East Africa: Comesa Initiative to Boost Ethiopia's Horticulture, Add $230m to Economy
Ethiopia's horticulture sector is poised for growth with the launch of the COMESA-EAC Horticulture Accelerator (CEHA) National Chapter in Addis Ababa. Read more »
August 14, 2024
Kenya: Half of Kenya's Tea Withdrawn From Market As High Prices Impact Sales
Kenya continues to grapple with stagnant tea stocks, driven by the high volumes of the commodity carried over from previous years, which could potentially impact farmers' earnings… Read more »
August 13, 2024
Rwanda: Ethiopia, Rwanda Aim for Aviation Hub Status As Kenya Faces Hurdles
Ethiopia and Rwanda are making significant strides to establish themselves as key aviation hubs in East Africa, with substantial investments in airport infrastructure as Kenya… Read more »
August 12, 2024
Kenya: What You Need to Know About the Student-Centered Funding Model
University and college students placed by government have until Thursday August 15 2024 to apply for scholarships and loans under the Student Centered Funding Model. Read more »
August 09, 2024
Kenya: Value of Kenya's Coffee Surges 20% As Market Reopens
The value of Kenya's coffee surged 15 percent this week as the auction reopened after a mid-season break, amid global price volatility. Read more »
August 08, 2024
Kenya: Kenya's President Ruto Retreats to Home Town Amid Protests
Kenya's President William Ruto retreated to his home region on Thursday, ahead of planned day-long demonstrations in Nairobi pushing for his resignation. Read more »
East Africa: Burundi Joins EAC One Network Area to Lower Calling Costs
Burundi has joined Kenya, Rwanda, South Sudan, Uganda, and Tanzania under the East African Community (EAC) One Network Area (ONA), aimed at reducing telecommunication costs in the… Read more »
August 06, 2024
Kenya: Kenya Tea Agency to Borrow Billions for Bonuses As Minimum Price Hits Sales
The Uhuru Kenyatta administration disrupted the tea sector by introducing a minimum price and borrowing billions to pay an early enhanced bonus, aiming to sway producers to vote… Read more »
August 05, 2024
Africa: FAO, EU Launch €47m Program to Aid Eastern Africa Pastoralists
The Food and Agriculture Organisation and the European Union (EU) have launched a €47 million program to bolster the resilience of pastoralists in Eastern Africa. Read more »
August 02, 2024
Africa: Airbus Leads $200 Million Biofuel Financing Fund
A new Sustainable Aviation Fuel (SAF) financing fund has been established to accelerate its production as the sector moves to cut carbon emissions. Read more »