Nairobi, Kenya | Xinhua | The volume of Kenya’s tea exports shrunk by 18 percent in the first seven months of 2023 as compared to the same period in 2022 as some key markets kept off the products due to the tough economic environment globally, the Tea Board of Kenya (TBK) …
Read More »American Ambassador’s dilemma in Uganda
Why US diplomats have to walk tight path in Kampala Kampala, Uganda | IAN KATUSIIME | A video of U.S. Ambassador to Kenya, Meg Whitman, pitching to American investors why they should invest their dollars in Kenya triggered debate on why American ambassadors cannot do the same for Uganda. Whitman, a …
Read More »Kenya High Commissioner and I&M Bank Uganda discuss joint environmental conservation efforts
Kampala, Uganda | THE INDEPENDENT | The Kenyan High Commissioner to Uganda, His Excellency Rtd Maj. General George A. Owinow on Monday 18 September 2023, hosted a delegation from I&M Bank Uganda, led by the Acting Managing Director, Sam Ntulume. During the meeting, the Kenyan Ambassador and the I&M Bank Uganda …
Read More »India is the latest target for Africa’s leading avocado exporter – Kenya
Africa’s leading avocado producer and exporter is on a roll, following a 2022 entry into the lucrative China market. The first shipment of Kenyan avocados into India means Kenya has tapped two key world markets amid surging global demand for the fruit. SPECIAL REPORT | BIRD AGENCY | Kenya has …
Read More »New UK projects announced to fight climate change in Africa
Nairobi, Kenya | THE INDEPENDENT | The inaugural Africa Climate Summit, being hosted by Kenya will unveil new UK-backed projects valued at £49 million. These initiatives are centred on mobilizing financial resources for climate action and assisting communities in mitigating the effects of climate change, addressing two crucial fronts in …
Read More »Kadaga attacks Kenya, South Sudan over trade
Kampala, Uganda | THE INDEPENDENT | Third Deputy Prime Minister, Rebecca Kadaga has attacked Kenya and South Sudan for frustrating Ugandan business operators with what she calls unfair trade practices. Speaking at the second two-day East African Business and Investment Summit and Expo 2023 at Speak Resort Munyonyo, Kadaga, also Uganda’s …
Read More »Kenyan remittances from intra-continental expats soar, signal new trend
Kenya is witnessing a surge in remittances from its citizens in other African countries, highlighting the economic impact of intra-African migration. This trend gains significance as European remittance hubs face severe inflation. Experts attribute the rise in intra-African remittances to digital innovation and a growing network of money transfer avenues. …
Read More »Kenya, US trade deal
They are negotiating what could be a model for Africa Kampala, Uganda | THE INDEPENDENT | The U.S. and Kenya announced a trade and investment partnership in July 2022. During a virtual meeting on July 14, 2022, United States Trade Representative, Katherine Tai, and Kenya’s Ministry of Industrialisation, Trade and Enterprise …
Read More »Presidents of Kenya, South Sudan resolve to boost infrastructure to spur trade
Nairobi, Kenya | Xinhua | Kenya and South Sudan leaders on Saturday agreed to pursue joint infrastructure projects to boost regional integration and spur trade between the two countries. Visiting South Sudan President Salva Kiir and his Kenyan counterpart William Ruto also signed a Memorandum of Understanding on the establishment of …
Read More »Kenya Re unveils subsidiary in Kampala
The Kenyan firm also has operations in Zambia and Cote d’Ivoire Kampala, Uganda | THE INDEPENDENT | Kenya’s state-owned Kenya Reinsurance Corporation popularly known as Kenya Re has unveiled its subsidiary in Kampala, becoming the second reinsurer to have a physical presence in the country besides Uganda Reinsurance Corporation. Kenya Re, …
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