agricultural growth Stories

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.

Why West Africa could soon have a jihadist state
The Conversation  |  Jan 12, 2025

Groups such as Islamic State and al-Qaeda are committed to the establishment of these states, denouncing democratic governance.

Kenya's private sector activity dips slightly in December amid rising inflation
Alfred Onyango  |  Jan 07, 2025

Attributing the slight dip to inflation, the Index says the sharp increase in input costs at the end of the year led private sector firms to raise sel...

Kenya to switch to LPG for cooking in public schools
Maureen Kinyanjui  |  Dec 17, 2024

This transition is expected to significantly reduce the use of firewood, reducing environmental degradation and improving air quality for students and...

Turkana unveils private sector engagement framework to foster urban development
Issa Hussein  |  Dec 15, 2024

Community representatives who spoke at the event expressed their commitment to promoting the public-private partnership.

World Bank cuts Kenya's 2024 growth estimate to 4.7 per cent on fiscal challenges
Reuters  |  Dec 10, 2024

Kenya has managed to stabilise its foreign exchange rate, boost hard currency reserves held by the Central Bank and lower inflation this year.

National Assembly’s committee proposes two per cent railway levy, rejects lower rate
Martin Kinyanjui  |  Dec 05, 2024

This decision follows significant opposition from business stakeholders who expressed concerns that the increased levy would drive up the cost of impo...

Kenya’s private sector growth up for second month but outlook remains gloomy
Alfred Onyango  |  Dec 05, 2024

The agriculture, manufacturing and construction sectors recorded declined sales, latest Stanbic Bank Kenya Purchasing Managers' Index shows.

IMF raises Ethiopia's international reserves target after first review
Reuters  |  Nov 05, 2024

Ethiopia plans to reach a deal with bilateral creditors by year-end, the Fund said, followed by a deal with its Eurobond investors.

Ruto ranked highest-paid world leader by GDP ratio - report
Lucy Mumbi  |  Nov 03, 2024

According to the report, his annual earnings of Sh19,800,000 translate to 1,993 per cent of Kenya’s per-capita GDP, which stood at Sh811,615 in 2023.

Gen Z anti-tax demos dented Kenya’s GDP growth prospect for 2025 - IMF
Alfred Onyango  |  Nov 02, 2024

Tthe IMF has lowered Kenya's GDP growth forecast for the country to 5.0 per cent.

Kenya’s GDP growth slows to 4.6 per cent in second quarter
Alfred Onyango  |  Oct 02, 2024

The macroeconomic indicators generally showed mixed performance in the period under review.

Review gives mixed projections on Kenya’s growth prospect in the medium term
Alfred Onyango  |  Sep 13, 2024

Kippra stresses the need to improve the ease of doing business by reducing bureaucratic hurdles and creating a favourable regulatory environment that...

Journalist’s memoir reveals story of Somalia’s resilience
Barack Oduor  |  Jun 24, 2024

Mogadishu has been undergoing an economic renaissance few would have imagined five years ago.

World Bank downgrades Kenya’s GDP growth to 5 per cent in latest review
Alfred Onyango  |  Jun 12, 2024

The World Bank attributes the downgrade to the continued struggle with weak government balance sheets, partly from low revenue collection and high deb...

Somalia, Ethiopia to have stronger GDP growth this year - World Bank
Alfred Onyango  |  Jun 12, 2024

Somalia's gross domestic product growth pace has been set at 3.7 per cent, compared to 3.1 per cent last year, while Ethiopia's was 7.0 per cent, 0.2...

East Africa to power Africa’s growth in 2024 despite headwinds
Alfred Onyango  |  Jun 01, 2024

According to the latest African Economic Outlook by the African Development Bank (AfDB), the region is poised to record a 4.9 per cent GDP growth, the...

AfDB aims to boost infrastructure funding as Africa economic growth accelerates
Jill Namatsi  |  May 29, 2024

As Africa pursues economic growth, key issues include borrowing to finance key projects, as loans and other plans have left many countries struggling...

Kenya's economy grows 5.6 per cent on agriculture, forestry
Barack Oduor  |  May 20, 2024

KEBS said the 2023 growth was primarily driven by a 19 per cent expansion in agriculture, forestry, and fishing.

High lending rates expected to slow private sector credit growth - CBK survey
Bashir Mohammed  |  Apr 21, 2024

The survey found that high lending rates and tight credit underwriting are reducing the demand and uptake of new facilities.

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