Bayer East Africa has successfully revamped its Pharmaceuticals and Consumer Health business models in the region. Under the new model, Bayer is outsourcing transportation, local warehousing, distribution, and customer support …
Kenya News
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ATIDI underwrites Globeleq’s USD 117 million geothermal power project in Kenya
by Editorby EditorNairobi-based pan-African insurer, African Trade and Investment Development Insurance (ATIDI) has provided a political risk insurance cover for Globeleq’s 35 MW Menengai Geothermal power project in Kenya. This support will …
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IMF Reaches Staff-Level Agreement for Kenya’s $976 Million Loan
by Editorby EditorThe International Monetary Fund (IMF) has reached a staff-level agreement with Kenya for a $976 million loan to support the country’s economic reform program. This agreement, announced today, aims to …
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European Investment Bank’s Partnership with Kenyan Banks Boosts Private Sector
by Editorby EditorThe EIB has revealed a strategic partnership with top Kenyan banks to strengthen the nation’s private sector, offering a substantial lift to SMEs. This partnership aims to improve finance accessibility, …
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Kenya’s Central Bank to Amend Payment Systems Act
by Editorby EditorThe Central Bank of Kenya (CBK) plans to revise the Payment Systems Act to improve the regulatory framework and foster innovation in the country’s financial sector. These changes are a …
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America likely to name Kenya major non-NATO ally
by Editorby EditorU.S. President Joe Biden is expected to officially acknowledge Kenya as a major non-NATO ally during Kenyan President William Ruto’s upcoming three-day state visit to the United States. A source …
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The Coca-Cola System in Kenya Announces Major Investment
by Editorby EditorThe Coca-Cola system, consisting of The Coca-Cola Company and its authorised bottler Coca-Cola Beverages Africa has announced its intention to grow its investment in Kenya by up to $175 million …
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China back to funding SGR connecting Kenya and Uganda
by Editorby EditorKenya has secured funding for the standard gauge railway line from Naivasha to the Uganda border from China’s Exim Bank. Kipchumba Murkomen, Kenya’s Cabinet Secretary of Roads and Transport, disclosed …
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Farmers Laud African Heads For Ending Donkey Slaughter Business
by Editorby EditorDonkey stakeholders across various counties in Kenya gathered at Uhuru Market in Narok town to celebrate the decision made by African Heads of State to prohibit the slaughter of donkeys …
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State House Says Uhuru Has Not Been Denied Funds
by Editorby EditorState House Kenya has denied the claim that President William Ruto has been withholding funding from former President Uhuru Kenyatta’s office due to political disagreements. During a press briefing at …