Kenya’s Controller of Budget Margaret Nyakang’o has issued a stark warning against the country’s heavy reliance on International Monetary Fund financing, arguing that such dependence risks surrendering economic sovereignty to external lenders while undermining domestic accountability and reform initiatives. The caution comes as Kenya pursues a fresh funding arrangement with the IMF following the expiration […]

The Government of Germany, in partnership with the Government of Kenya and the United Nations High Commissioner for Refugees (UNHCR), has launched a transformative three-year joint project to support implementation of Kenya’s groundbreaking Shirika Plan. Announced on February 12, 2026, this collaborative initiative marks a significant milestone in advancing socioeconomic inclusion for refugees and host […]

President William Ruto presided over the distribution of KSh63 million in business start-up capital to 2,520 young entrepreneurs from Garissa County’s 30 wards today, marking the final phase of a nationwide youth empowerment initiative that has reached over 100,000 young Kenyans across all 47 counties. The disbursement ceremony, held at Garissa High School grounds, represents […]

Safaricom, in partnership with the Nairobi Securities Exchange, has officially launched Ziidi Trader, a groundbreaking platform integrated directly into the M-PESA mobile application that enables Kenyans to buy and sell listed shares on the NSE from their mobile phones. The launch, which was officiated by President William Ruto at the NSE trading floor in Nairobi […]

Kenya and Italy have formalized a strategic partnership aimed at transforming sustainable fisheries management, advancing renewable energy solutions for aquaculture, and enhancing research collaboration within the burgeoning blue economy sector. The Memorandum of Understanding (MoU), signed during the official launch of the Med-Or Italian Foundation Africa Office in Nairobi on February 8, 2026, marks a […]

Kenya’s economy is demonstrating signs of stabilization as the country emerges from a challenging period marked by slower growth, with projections indicating GDP expansion between 4.9 and 5.2 percent in 2026, according to forecasts presented at the 2026 Economic Outlook Forum. However, analysts caution that external shocks, global economic uncertainties, and persistent domestic challenges could […]

In a dramatic development that has sent shockwaves through Kenya’s clean energy sector, KOKO Networks—one of East Africa’s most prominent clean-cooking startups—has abruptly shut down its operations in Kenya, laying off its entire 700-person workforce and leaving hundreds of thousands of households without access to affordable bioethanol cooking fuel. The shutdown, announced on Friday, January […]

Kenya is poised to resume high-stakes negotiations with the International Monetary Fund in February 2026, marking a critical attempt to secure a new funding arrangement following the collapse of its previous $3.6 billion programme in March 2025. The renewed engagement, confirmed by National Treasury officials, represents a cautious but essential effort by Kenyan authorities to […]

The Energy and Petroleum Regulatory Authority (EPRA) has revoked critical investment and tariff-setting guidelines governing Kenya’s power sector, fundamentally reshaping the regulatory architecture just months after Parliament approved the lifting of a nearly three-year moratorium on new Power Purchase Agreements (PPAs). The regulatory overhaul, formalized through gazette notices dated January 5, 2026, signals Kenya’s decisive […]

Kenya’s economy is demonstrating remarkable adaptability in navigating an increasingly fragmented global trade environment, positioning itself for sustained growth through strategic diversification and accelerated digital transformation, according to the Mastercard Economics Institute’s comprehensive Economic Outlook 2026 report released in December 2025. The report, which analyzes global economic trends and provides region-specific forecasts, projects consumer spending […]