Kenya is now among the African countries most affected by foreign aid cuts under the government of former United States President Donald Trump. A new study by the Center for …
Kenya
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Eastern AfricaEconomyHealthcareInternational RelationsKenya
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Banking, Finance & InvestmentEconomyFinance & ServicesInternational RelationsKenya
UK, US Top List of Countries Receiving Hard Cash from Kenya
The United Kingdom and the United States have emerged as the top destinations for physical cash flown out of Kenya, according to a new report released by the Central Bank …
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Banking, Finance & InvestmentBusinessEastern AfricaFinance & ServicesKenyaZenith Bank
Zenith Bank Moves to Enter Kenyan Market
One of Nigeria’s biggest financial institutions, Zenith Bank Plc, has started discussions to buy a mid-level Kenyan bank, as part of its expansion strategy into East Africa. This planned move, …
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Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesKenyaPolicies
East African Central Banks Turn to Gold to Boost Foreign
East African countries are gradually shifting their foreign exchange (FX) reserve strategies by adding more gold, a move aimed at reducing dependence on the U.S. dollar and protecting their economies …
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DevelopmentEconomyInternational RelationsKenyaLabour
50 Kenyan Youths Travel to Russia for Factory Jobs
A new phase in Kenya’s labour migration efforts has begun, as 50 Kenyan youths travelled to Russia last week for factory jobs in a move aimed at reducing rising youth …
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Eastern AfricaEgyptGOVERNMENTInnovationKenyaNigeriaPoliciesTechnology
Kenya’s Startup Ecosystem Hits Record Global Ranking, Beats Nigeria and Egypt in Growth
Kenya has achieved its highest-ever position in the global startup ecosystem rankings, bolstered by a rapid growth rate of over 30 percent — the fastest among countries ranked between 51st …
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Banking, Finance & InvestmentFinance & ServicesGOVERNMENTInsuranceKenyaSecurity
Court Clears Wells Fargo of Blame in KSh 47 Million Heist Involving Equity Bank
The High Court in Kenya has ruled in favour of Wells Fargo Limited, dismissing a KSh 23.4 million claim filed by Equity Bank Kenya Plc over the theft of KSh …
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Banking, Finance & InvestmentFinance & ServicesGOVERNMENTInfrastructureInternational RelationsKenyaTrade and Commerce
Equity Bank to Open UAE Office, Becomes First Kenyan Bank to Expand to the Middle East
Shareholders of Equity Group Holdings Plc have approved the bank’s plans to open a Representative Office in the United Arab Emirates (UAE), marking the first time a Kenyan lender will …
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The Kenyan Cabinet has approved two major legislative proposals aimed at modernising how public agencies are run and how government resources are procured and managed. The two bills—the Government-Owned Enterprises …
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AviationEastern AfricaEconomyGOVERNMENTKenyaLeadership
Kenya Airways Grows Workforce, Nears Gender Leadership Target
Kenya’s national airline, Kenya Airways (KQ), has expanded its workforce by 8% in 2024, bringing the total number of employees to 4,705. This growth in staff came during a landmark …