In a significant strategic development for both Kenya and the broader African continent, the European Bank for Reconstruction and Development (EBRD) has formally committed to establishing its African continental office in Nairobi. This landmark decision, which President William Ruto enthusiastically welcomed and whose ratification process is currently before the Kenyan Parliament, signifies a pivotal deepening […]

In a pivotal moment for Kenya’s economic trajectory, President William Ruto has officially assented to three critical National Assembly Bills: the Finance Bill 2025, the Supplementary Appropriation Bill 2025, and the Appropriations Bill 2025. Signed into law at State House, Nairobi, these legislative instruments collectively define the government’s comprehensive strategy for generating revenue, outlining tax […]

A new titan has emerged in the global tea industry. Browns Plantations PLC, a subsidiary of Sri Lanka’s diversified conglomerate LOLC Holdings Group, has officially cemented its position as the world’s largest tea producer. This monumental achievement follows the strategic acquisition of James Finlay Kenya’s tea estates business and, implicitly, a significant portion of the […]

In a landmark commitment to safeguarding the environment and uplifting rural communities, the International Fund for Agricultural Development (IFAD) and the Government of Kenya have formally signed a transformative US$126.8 million agreement. This significant co-financing initiative is earmarked for a comprehensive investment project specifically designed to build resilience against the escalating impacts of climate change […]

In a significant boost to Kenya’s Technical and Vocational Education Training (TVET) sector, a German-based organization, Chancen International (CI), has announced a pioneering initiative to provide comprehensive tuition fee funding for 6,000 students across the country. This strategic intervention, revealed on June 23, 2025, aims to dismantle financial barriers, ensuring that vulnerable and low-income students […]

Kenya’s economic resilience continues to be underpinned by the unwavering support of its vast diaspora, as remittances hit a remarkable US$440.08 million in May 2025. This figure represents the second-largest monthly inflow ever recorded, narrowly trailing the December 2024 peak of US$445.39 million, signalling robust and consistent growth from Kenyans living and working abroad. The […]

In a momentous step marking a new era for Kenya’s maritime industry and regional connectivity, the construction of a state-of-the-art 29-metre ferry has officially commenced at the Kisumu Shipyard. This ambitious undertaking, a collaborative effort between Kenya Shipyards Limited (KSL) and Bangladesh-based Karnafuly Ship Builders Limited, is set to revolutionize passenger and vehicle transport across […]

In a significant announcement that reverberates across Kenya’s financial landscape, the Central Bank of Kenya (CBK) has unveiled a pivotal change to the country’s banking operations. Effective July 1, 2025, the working hours for the Kenya Electronic Payment and Settlement System (KEPSS), the nation’s Real-Time Gross Settlement (RTGS) system, will be dramatically extended from its […]

In a move poised to significantly bolster its agricultural export sector, Kenya has received a major vote of confidence from the European Union (EU), which has officially classified the East African nation as a “low-risk” country under its stringent new anti-deforestation regulations. This critical reclassification is set to provide a substantial boost to Kenyan exporters, […]

In a significant move aimed at bolstering international trade and investment, the Kenya Private Sector Alliance (KEPSA), in partnership with the Embassy of Hungary and other key stakeholders, successfully co-hosted the Kenya-Hungary Business Forum on June 16, 2025. This high-profile event, held in Nairobi, served as a crucial platform to facilitate robust business-to-business (B2B) engagements […]