In a significant boost for entrepreneurship and gender equality in East Africa, Equity Bank Kenya and the International Finance Corporation (IFC) have announced a landmark partnership to bring the renowned Goldman Sachs ‘10,000 Women’ online business course to women entrepreneurs across Kenya. This collaboration, unveiled on July 21, 2025, aims to equip thousands of women-owned […]

Kenya’s public debt has escalated to an unprecedented KSh 11.5 trillion (approximately USD 88.5 billion) as of May 2025, marking a staggering increase of KSh 951 billion in just eleven months from June 2024’s KSh 10.56 trillion. This alarming surge underscores a deepening fiscal crisis and a mounting pressure on the country’s borrowing appetite, raising […]

In a strategic move set to significantly bolster its food security and reduce a hefty import bill, Kenya has embarked on a groundbreaking partnership with the Republic of Korea to dramatically boost local rice production. This collaboration, spearheaded by the Kenya Agricultural and Livestock Research Organisation (KALRO) and Korea’s Rural Development Administration (RDA) through its […]

Kenya is embarking on a bold and transformative economic journey, with its Special Economic Zone (SEZ) program taking center stage as a key driver for attracting both local and international investment. At the forefront of this ambitious agenda is Tatu City, the sprawling 5,000-acre mixed-use development, which the government has lauded as the quintessential blueprint […]

Kenyan consumers are bracing for a substantial increase in the cost of living following a major announcement by the Energy and Petroleum Regulatory Authority (EPRA). In its latest monthly review, EPRA revealed a significant upward adjustment in the retail prices of Super Petrol, Diesel, and Kerosene, effective from Monday, July 15, to Thursday, August 14, […]

Kenya’s domestic debt has officially crossed the formidable KSh 6.1 trillion mark, reaching KSh 6.311 trillion as of July 4, 2025. This significant milestone, revealed by the latest figures from the Central Bank of Kenya (CBK), underscores the government’s increasing reliance on the local financial market to fund its operations. This surge, representing a nearly […]

In a significant triumph for fiscal management and national development, the Kenya Revenue Authority (KRA) has announced that it has successfully surpassed its revenue target for the Financial Year 2024/2025. Despite a challenging economic landscape, the taxman collected an impressive Kshs. 2.571 Trillion, exceeding the revised target of Kshs. 2.555 Trillion. This remarkable achievement represents […]

Global consumer goods giant Unilever and leading East African financial institution Equity Bank have announced a strategic partnership to roll out a comprehensive Distributor Financing Solution. This groundbreaking initiative, backed by an annual investment of KES 2.4 billion (approximately $18.5 million USD), is meticulously designed to strengthen manufacturing supply chains, dramatically improve product availability, and […]

A new chapter in East African economic cooperation officially commenced on July 6, 2025, with the launch of the Uganda–Kenya Trade and Investment Mission at the Hilton Garden Inn, Kampala. This four-day high-level engagement, concluding on July 9, has brought together a formidable delegation of diplomats, government officials, and private sector leaders from both Uganda […]

In a significant diplomatic stride, the Republic of Cyprus has officially inaugurated its embassy in Nairobi, marking a pivotal moment in its burgeoning relationship with Kenya. The ceremonial opening, attended by Kenya’s Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs, Musalia Mudavadi, and his Cypriot counterpart, Minister for Foreign Affairs Constantinos Kombos, […]