- NAIROBI, A section of Kenya’s leaders have praised the power of digital learning in transforming the country’s education sector. This was mentioned during the inaugural Kakamega International Investment Conference (KAIICO) that was held between March 19 and 22, 2024, at the Masinde Muliro…
- NAIROBI, Kenya, Mar 26 – KCB Bank Kenya has partnered with clothing line Home 254 as the official apparel merchandise partner for the WRC Safari Rally in Naivasha town from March 28 to 31, 2024. Home 254 will create a limited collection called ‘Feel the Roar’ for the event, including items like…
- COLOMBO, March 26 (Xinhua) — Sri Lanka’s cabinet has approved a proposal to invite qualified domestic and foreign investors to promote the registration of ships under its flag, the government’s information department said on Tuesday. The department said in a statement that ship registration is a…
- NAIROBI, Kenya, Mar 26 – The Port of Mombasa registered an annual growth of 6.2 percent of total cargo throughput, from 33.88 million tons handled in 2022 to 35.98 million tons in 2023. The KPA Annual Review and Bulletin of Statistics data released by the Authority indicated a positive performance…
- NAIROBI, Kenya, Mar 26 – The government will earn Sh5 billion from the Kenya Pipeline Company (KPC) for the full year ending June 2023. KPC Managing Director Joe Sang and Energy Cabinet Secretary Davis Chirchir stated that the dividend check will be handed over to Treasury Cabinet Secretary Njuguna…
- NAIROBI, Kenya, Mar 26 – Kenya has earned provisional approval for Sh43 billion from the PEPFAR Country Operational Plan (COP) to fund HIV response from October 2024 to September 2025. Kenya received the multibillion-dollar grant support during the COP23 approval meeting, where the US Ambassador to…
- SINGAPORE, March 26 (Xinhua) — Former senior finance official Ravi Menon will serve as Singapore’s first ambassador for climate action and senior adviser for the National Climate Change Secretariat from April 1, according to a statement issued by the agency Tuesday. Menon will lead in Singapore’s…
- NAIROBI, Kenya, Mar 26 – The proposed merger between Kuramo Africa Opportunity Kenyan Vehicle Ltd (KAOKV) and Trans-Century PLC has been approved by the COMESA Commission. The proposed transaction involves KAOKV increasing its shareholding in the target company to around 74 percent. The Competition…
- NAIROBI, Kenya, Mar 26 – Kenyan financial technology (fintech) companies will be heading to Accra, Ghana, to pitch investment ideas. The 3i Africa Summit, which will be happening between May 13 and 15, 2024, is a global summit that seeks to transform Africa’s economic landscape through technology,…
- WASHINGTON, March 25 (Xinhua) — Florida Governor Ron DeSantis on Monday signed into law a bill that prohibits children under the age of 14 from possessing their own social media accounts, according to a statement from the U.S. state governor’s office. The law also requires 14- and 15-year-olds to…
- NAIROBI, Kenya, Mar 26 – Uganda-based milk processor Lato has acquired Kenyan dairy firm Highland Creamers. The deal was approved by the COMESA Competition Commission after it applied to acquire a 100 percent stake in the Nyamira-based milk processor last year. The authority says that it okayed the…
- KISUMU, Kenya, Mar 25 – The National Treasury is now set to release a total of Sh7.4 billion to counties as part of the grants towards climate change mitigation program under the Financing Locally-Led Climate Action (FLLoCA) program in the current 23/24 financial year. The program that is funded by…
- WELLINGTON — Four out of five businesses across New Zealand offered flexible working hours to their employees last year, most of which were large businesses, according to the statistics department Stats NZ on Monday. The offer of flexible working hours increases to 90 percent for large businesses…
- NAIROBI, Kenya, Mar 25 – A kilo of sugar dropped by Sh10 to Sh185 in February from Sh195 in January after sugarcane milled by local factories grew. The latest data from the Sugar Directorate shows that a total of 755,996 metric tons (MT) of sugarcane were milled by millers in February, up from 713,…
- NAIROBI, Kenya, Mar 25 – I&M Group PLC net profit grew 15 percent to Sh13.3 billion in the full year ending December last year, compared to a similar period in 2022, when operating income grew by 20 percent to Sh43 billion. With operations in Kenya, Rwanda, Tanzania, Uganda, and Mauritius, the…
- NAIROBI, Kenya, Mar 25 – The Kenya Electricity Transmission Company (KETRACO) has successfully energized the 220/66 kilovolt (kV) Kimuka Substation transmission line, providing stable and reliable electricity to residents in Kimuka and surrounding areas. The power transmitter says that this…
- TOKYO, March 25 (Xinhua) — The number of people hospitalized has risen to 26 over health damage after ingesting a dietary supplement product produced by Japanese drugmaker Kobayashi Pharmaceutical containing “beni-koji,” or red yeast rice, the company said on Monday. The Osaka-based pharmaceutical…
- NAIROBI, Kenya, Mar 25 – The government is looking to establish a Diaspora Council that will boost its relations with Kenyans living abroad. This is contained in the 2024 Diaspora Draft, which is currently under public consideration. If adopted, the draft will establish and operationalize the…
- The 2024 beneficiaries will be the 10th cohort of the 10-year-long TEF Entrepreneurship Programme each receiving a USD 5000 seed capital from the foundation.
- NAIROBI, Kenya, Mar 25 – The government is working on a model of reintroducing low-priced but healthy and affordable alcoholic drinks as one of the ways of eradicating illicit brew on the market. Deputy President Rigathi Gachagua said that under the model, the government will also address taxation…
- SINGAPORE, March 25 (Xinhua) — The National University of Singapore on Monday launched its artificial intelligence (AI) institute to advance research and application of AI technologies in education, healthcare and finance. The new institute will also study ways to safeguard transparency and…
- NAIROBI, Kenya, Mar 25 – Interior Cabinet Secretary Kithure Kindiki has ordered the closure of all artisanal mining sites in Migori County following the deaths of four people in the last two months. Kindiki, through a post shared on his X account, cited public safety risks, adding that the mines…
- NAIROBI, March 24 (Xinhua) — A China alumni symposium on the Belt and Road Initiative (BRI) was held in the Kenyan capital of Nairobi Sunday, with participants who included senior officials, scholars and students underscoring its positive impacts across socioeconomic spheres. Held at the…
- NAIROBI, March 24 (Xinhua) — A China alumni symposium on the Belt and Road Initiative (BRI) was held in the Kenyan capital of Nairobi Sunday, with participants who included senior officials, scholars and students underscoring its positive impacts across socioeconomic spheres. Held at the…
- DAR ES SALAAM, March 24 (Xinhua) — Tanzania has received over 1.8 million tourists between 2021 and 2023, earning a revenue of about 3.37 billion U.S. dollars, a senior government official said on Sunday. “Tanzania now ranks second in Africa for attracting tourists after Ethiopia in the post-COVID-…
- NAIROBI, Kenya, Mar 25 – Travelers using Terminal 1E at the Jomo Kenyatta International Airport (JKIA) have been directed to use Terminal 1A after a faulty electrical incident that resulted in a fire. However, KAA says that the incident was contained and that there were no injuries or casualties. “…
- TOKYO, March 24 (Xinhua) — Prices for new condominiums in Tokyo’s broader metropolitan area continue to climb, rising in February from a year ago for the fourth straight month amid tight supply, according to figures released by the Real Estate Economic Institute. Prices of such properties in Tokyo…
- NAIROBI, Kenya, Mar 24 – The government will not waver in its determination to implement projects that will transform Kenya, President William Ruto has said. The President said no amount of criticism will stop him from implementing initiatives aimed at improving the lives of Kenyans. Speaking at…
- WASHINGTON, March 23 (Xinhua) — U.S. President Joe Biden on Saturday signed into law a 1.2-trillion-U.S. dollar funding package, a few hours after missing the deadline to avert a partial shutdown of the federal government. The U.S. House of Representatives passed the package on Friday, and the…
- NAIROBI, March 23 (Xinhua) — From a distance, the block and wire structure looks like a small chicken coop. On closer inspection, however, its interior walls are lined with black polythene sheets, which you would not find in a poultry house. “This is a solar vegetable dryer. The black sheet helps…
- Pakistan is on the verge of securing a $1.1 billion bailout package from the International Monetary Fund (IMF) in a bid to alleviate its faltering economy. However, apprehensions loom as analysts fear that the stringent policy demands attached to the bailout may exacerbate poverty for millions of…
- NEW DELHI, March 23 (Xinhua) — The death toll in the suspected toxic liquor consumption in the northern Indian state of Punjab on Saturday rose to 20, officials said. The incident took place in Sangrur district. According to officials, 20 people have been undergoing treatment in various hospitals…
- NAIROBI, Kenya, Mar 23 – Agro-food processor Kakuzi will, at the end of this month, export its first batch of avocados to India, the world’s biggest market in terms of population. In a statement, the Muranga-based firm said that the shipment comprises twenty tons of hass avocado variant and is set…
- MOSCOW, March 23 (Xinhua) — Unmanned aerial vehicles attacked the Kuibyshev Oil Refinery in Russia’s Samara region on Saturday, causing a fire in a primary oil refining column. No casualties or injuries had been reported from the attacks, according to regional governor Dmitry Azarov. “Emergency…
- NAIROBI, March 22 (Xinhua) — Kenya on Friday launched a policy to recognize the undocumented skills and knowledge acquired by thousands of informal sector workers without attending formal learning institutions. Deputy President Rigathi Gachagua said the framework elevates the informal sector…
- NAIROBI, March 22 (Xinhua) — Kenya and Tanzania on Friday launched a project in partnership with the African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) to boost financial inclusion in the two countries. Simon Chelugui, cabinet secretary in the Ministry of Cooperatives…
- HOUSTON, March 22 (Xinhua) — The number of active drilling rigs in the United States decreased to 624 this week, down by five from the previous week and down by 134 from one year ago, according to the weekly data released Friday by Houston-based oilfield services company Baker Hughes. These active…
- NAIROBI, Kenya, Mar 23 – Competition Authority of Kenya (CAK) has warned Kenyans against fraudulent activities being carried out by impersonators claiming to be its officials. Mugambi Mutegi, the authority’s communications and external relations manager, revealed that individuals and organizations…
- NAIROBI, Kenya, Mar 22 – Kenya and Tanzania have agreed to resolve trade disputes at their borders that have impacted commerce between the two countries. The deal was struck earlier today by Kenya’s Trade Cabinet Secretary, Rebecca Miano, and her Tanzanian counterpart, Stephen Byabato. …
- The Digital Transformation and Public Sector (DTPS) Forum and Awards held in Mombasa served as a pivotal moment in Kenya’s transition towards an e-government paradigm. Spearheaded by Greydale Africa, this landmark event illuminated the significance of digitization across various sectors, heralding…
- NAIROBI, Kenya, Mar 22 – The government targets to more than double remittance inflows to Sh1 trillion, boosting the forex market as well as supporting families and the economy. In 2022, for example, remittance inflows into the country stood at Sh478.5 billion with the National Treasury’s Fourth…
- NIAMEY, March 22 (Xinhua) — The Nigerien transitional authorities have announced the reopening of the land borders with Nigeria starting at 00:00 Friday. According to observers, the decision will allow the official resumption of trade along the 1,500-km border shared by the two countries, which had…
- NAIROBI, Kenya, Mar 22 — Fatalities resulting from road accidents in the country have risen by 7 per cent with 1,026 people killed in road accidents across the country from January to March 20, 2024. Data by the National Transport and Safety Authority (NTSA) reported the number of fatalities during…
- NAIROBI, Kenya, Mar 22 – The private sector, government and international organizations have reiterated that Africa needs to attract more private sector finance in order to bridge its climate finance gap. They made the remarks during a two-day meeting in the Kenyan capital of Nairobi that concluded…
- LONDON, United Kingdom, Mar 22 – Junior doctors in England will continue their industrial action over a long-running pay dispute for the next six months after an overwhelming vote in favor of more strikes. Doctors’ representative body the British Medical Association, or BMA, said 98 percent of…
- NAIROBI, Kenya, Mar 22 – Samsung is arguably one of the most popular electronics brands, and its popularity in Kenya has been growing for years. The South Korean company, which sells high-end smartphones and home appliances, among others, was recently ranked 4th on the list of brands loved by…
- NAIROBI, Kenya, Mar 22 – mTek, a Kenyan-based digital online insurance platform, has slashed the cost of travel insurance policies for domestic and international trips over the Easter holiday. Travelers will enjoy a 20 percent reduction in the cost of travel cover. The insurtech offers travel…
- NAIROBI, Kenya, Mar 22 – Over 1,500 micro, small, and medium enterprises (MSMEs) in West Pokot and Turkana counties have received loans totaling over Sh290 million from the Impact for Northern Kenya Fund, a USAID Kuza-financed impact investing vehicle. This was announced at the Turkana and West…
- KISUMU, Kenya, Mar 22 – A multi-agency team from Nairobi has pitched a tent in Kisumu County to visit and assess second generation alcohol manufacturing sites as part of the ongoing efforts to address the scourge of alcohol and drug abuse in the country. Kisumu County Commissioner Benson…
- HOUSTON, March 21 (Xinhua)– Energy leaders from the Global South on Tuesday outlined their companies’ plans to increase oil and gas production while developing more renewable energy during the ongoing global forum CERAWeek in Houston, Texas. “We will invest 300 billion (U.S.) dollars between now…