President Biden said the US will work with Kenya and other nations in Africa to scale up investment in renewable energy and infrastructure “as a way to provide opportunities for jobs and industrialisation”. The two leaders also agreed to continue collaborating closely on security, ending conflicts...
The creation of TLIP follows the signing of an Economic Partnership Agreement between Kenya and the UK in December last year. Kenya to benefit from the digital trade corridor TMEA and IOE&IT aim to accelerate trade between the East African nation and the UK by cutting down on red tape and...
The proposed trade deal, which does not have clauses on tariffs, is expected to shield Kenya in the event that the US Congress chooses not to renew the African Growth and Opportunity Act (Agoa), which gives countries in the sub-Saharan Africa duty- and quota-free access to the America...
Kenya’s robust financial infrastructure for trade finance has also been vital in boosting the country’s position. Our commercial banks are stable and liquid, with a good number rated triple-A, hence most can receive any amount of international Letter of Credit (LC). ...
Multilateral development bank, African Export-Import Bank (Afreximbank), announced a US$3 billion Country Programme for Kenya, aimed at supporting infrastructure, agriculture, housing and MSMEs.
finance current consumption rather than long-term investment that hurts employment. Each group supports their views by concrete historic examples. However, it looks like they do not want to see that the examples correspond to different periods of time and absolutely different economic conditions. In ...
(World Bank,2023). However, African countries face enormous challenges. For example, the African BE is considered one of the poorest in the world, with an average ease of doing business (EODB) score of 51.8, far below the global average of 63 (World Bank,2020). Access to finance ...
Zambia's Finance Minister Felix Mutati called on the two countries to ensure that policies and regulations that facilitate trade be approved to benefit the private sector. "The change in rules will help creates jobs and also generate revenue for the countries," he said, adding that agriculture ...
In a roundabout way, this brings us to three agreements on which Kenya is now “going it alone”. First, the post-Brexit Kenya-UK (or is it UK-Kenya?) Trade and Economic Partnership Agreement. Here are the contradictory press headlines we are reading. “UK-Kenya trade agreement...
Banking & Finance Follow 7 Mon, 09 - Wed, 11 Dec 2024 International Conference on Information & Communication Technologies and Development (ICTD) Nairobi 18.1 Miles from Juja Education & Training Follow 8 Wed, 20 - Fri, 22 Nov 2024 WINEEXPO KENYA online edition available The Sarit Centre, Nai...