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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Kenyan telecommunication giant Safaricom has pulled out its staff and employees from Addis Ababa. The move comes as security fears over the Ethiopian capital continue to grow. Right now, the government of Prime Minister Aby Ahmed is fighting Tigrayan and
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The prime minister of Ethiopia Aby Ahmed is now calling on his citizens to join the armed conflict against the Tigray People’s Liberation Force. In a Facebook post written on Sunday, Aby called on the public to “defend, repulse, and
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The armed conflict in Ethiopia’s Tigray region is threatening to put the country’s textile industry in jeopardy. At the moment, Ethiopia is one of few countries that enjoy duty-free exports to the US. This has allowed its textile industry to
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The ongoing conflict in the northern region of Tigray in Ethiopia is threatening the peace and stability of the Horn of Africa nation. The conflict, which pits the Tigray People’s Liberation Front or the TPLF and the Ethiopian government, has
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