In June this year news surfaced that the Kenyan government was in advanced talk with DP World, a Dubai-based company, to obtain the right to modernize and develop port infrastructure, management, and expansion of both logistics and transport. At the
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Bolt an e-taxi company founded originally in Estonia has now announced it will be opening its regional hub in Nairobi Kenya. The new hub will be located on the riverside drive. This will be the first centralized African office and
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There was confusion the whole of the last week at the Kenya-Tanzania border as hundreds of trucks were left stranded. This came after a sudden hike in the cost of export permits. Truck drivers who usually pay sh27000 were surprised
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Since playing a central role in the military operation that ended the Rwandan genocide of 1994, Paul Kagame, the president of Rwanda, has steadily cultivated an image as a visionary leader ruling a stable, thriving island in an ocean of
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The United States will consider other means of trade with Kenya despite the pending free trade deal. Kenyan has been frustrated by the pace at which the United States has been working on the deal. The free trade deal was
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Kenya’s repayment to China has shot to a record high of Sh73.5 billion this fiscal year after the expiry of the debt-repayment suspension period. The repayments are for debts taken to fund infrastructure projects. The Treasury published expenditure data this
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Kenya, East Africa’s biggest economy, has seen a massive surge of infrastructure developments over the last few years. The country is currently building major roads and railways all over the country. Most of these projects are funded by Chinese-based loans.
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The Paris Club has denied Kenya’s request for extended debt relief. The East African nation has seen revenues plummet as slowed economic recovery from COIVD 19 bites. The Treasury wrote to the club asking for a debt relief of about
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The Democratic Republic of Congo is now a step closer to joining the East African community. During the 18th Extraordinary EAC head of state summit, held via zoom, and chaired by Kenya’s President Uhuru Kenyatta, the regional leaders received and
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Sudan and South Sudan, two countries that were one not so long ago, have announced they will open up their borders after 11 years. The decision came after a high-level diplomatic meeting between the two countries held in Juba. The
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