Kenya Economy Stories

Why Kenya is currently not the best destination choice for investors - KAM
Alfred Onyango  |  Mar 28, 2025

KAM says the country’s business environment is rallying behind its aforementioned neighbours in critical industry aspects such as the cost of producti...

Ethiopia licenses first investment banks, expands capital market services
Addis Standard  |  Mar 22, 2025

The newly licensed institutions include CBE Capital S.C. and Wegagen Capital Investment Bank S.C., both designated as investment banks.

Somalia PM Hamza Barre launches five-year National Transformation Plan
Hassan Mohamed  |  Mar 19, 2025

Prime Minister Hamza said the National Transformation Plan seeks to strengthen and capacitate various government agencies and Ministries to better ser...

Women in Tana River urged to embrace blue economy to improve economic wellbeing
Farhiya Hussein  |  Mar 17, 2025

The BlueBiz programme is a lifeline for many women in coastal Kenya, particularly in Tana River County, where economic opportunities have been limited...

Kenya’s economic growth to be powered by women and diaspora remittances -Report
Alfred Onyango  |  Mar 14, 2025

It says the prospect will be supported by a robust remittance ecosystem from Kenyans living abroad and high female labour force participation, which c...

Report shows Kenya loses Sh14-Sh19 billion each time there’s a statutory holiday
Alfred Onyango  |  Mar 11, 2025

The report gives a case study of Singapore, which cut its statutory holidays from 16 to 11 days in 1968 to bolster labour efficiency.

AU honours Wangari Maathai's environmental conservation legacy with green economy initiative
Rachael Mutabasi  |  Mar 03, 2025

The African Union is looking to Maathai's pioneering work in conservation as a roadmap for creating a sustainable future.

Only 40% of Kenya's secondary schools have computer labs - report
Lucy Mumbi  |  Feb 23, 2025

During extended school closures, WhatsApp emerged as the most widely used platform for remote learning.

Kenya’s economy projected to grow by 5 per cent in 2025, easing cost of living pressures
Lucy Mumbi  |  Feb 21, 2025

The Treasury’s projection of 5.3 per cent growth in 2025 is slightly lower than the CBK’s December 2024 forecast of 5.5 per cent.

Zimbabwean President Emmerson Mnangagwa dismisses call to extend his tenure
Amina Wako  |  Feb 18, 2025

His remarks come amid growing calls within Zanu-PF to amend the constitution to allow him to remain in power until 2030.

Kenyans brave tough economic times to show love on Valentine's Day
Barack Oduor  |  Feb 14, 2025

Streets in Nairobi were painted red by flower vendors who displayed their wares for customers who were on the other hand eager to pick the bouquets th...

Employers' confederation calls for IGAD support to stabilise Sudan's economy amid conflict
Maureen Kinyanjui  |  Feb 14, 2025

Sudan is facing one of its worst crises in modern history as conflict between the Sudanese Armed Forces and the paramilitary RSF continues to push the...

Mandera County receives 150 computers to enhance digital literacy
Mary Wambui  |  Jan 30, 2025

The initiative is part of the UK's Digital Access Programme that aims to bridge the digital divide and enhance digital literacy within communities,

Billow Kerrow: Kenya's economic growth reliant on Ruto's fight against graft
Barack Oduor  |  Jan 31, 2025

The African Peer Review Mechanism (APRM) this week disagreed with Moody's positive rating on Kenya, terming it irresponsible after it revised Kenya's...

Reality on the ground is different, Kenyans tell Moody's on 'positive' rating
Lucy Mumbi  |  Jan 26, 2025

Critics are questioning whether external observers and global investors truly understood Kenya’s realities.

Egypt and Somalia sign strategic partnership agreement
Abdirahman Khalif  |  Jan 23, 2025

The meeting, held in Cairo, marked a pivotal step in strengthening cooperation between the two nations across a range of areas, including trade, cultu...

Currency change leaves Ethiopia’s GDP halved, debt burden heavier
Lucy Mumbi  |  Jan 21, 2025

The rise was attributed to the exchange rate adjustment and new loans amounting to $1.6 billion, secured from the International Monetary Fund (IMF) an...

Africa set for stronger growth in 2025 as global prospect remains subdued- report
Alfred Onyango  |  Jan 18, 2025

The percentage of experts forecasting stronger growth for Sub-Saharan Africa has increased to 78% this year, up from 65% last year, signalling a posit...

Farmers in Isiolo, Garissa, seven other counties to receive Sh6.3 billion USAID grant
Maureen Kinyanjui  |  Jan 16, 2025

The five-year programme aims to tackle food insecurity and enhance agribusiness in some of Kenya's most vulnerable regions.

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