Kenya is increasingly at risk of debt distress, despite successfully raising $2 billion from a Eurobond sale last year. A new report by the Institute of Public Finance (IPF) reveals the country has surpassed key debt sustainability thresholds set by the International Monetary Fund (IMF). This troubling development places Kenya’s fiscal health under heightened scrutiny, […]

Hours into his second term as U.S. President, Donald Trump issued a series of executive orders that have sparked widespread debate regarding their global implications, particularly in Africa and specifically in Kenya. These orders, which focus on foreign aid, climate policy, and immigration, could significantly reshape Kenya’s economic and geopolitical ties with the United States. […]

Introduction to the Kenya-UAE CEPA Kenya has taken a monumental step toward economic growth and global competitiveness with the signing of the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE) on January 14, 2025. This historic agreement, the first between the UAE and a mainland African nation, aligns with Kenya’s ambitious Bottom-Up […]

Kenya’s tea industry recorded a significant milestone in the second weekly auction of 2025, generating KSh 1.6 billion from the sale of 5,119,905 kilograms of tea at the Mombasa Tea Auction. The strong performance highlights the sector’s resilience and the impact of efforts to improve tea quality. The auction, conducted on January 13 and 14, […]

Kenya’s economy is projected to grow by 5.3% in 2025, signaling a rebound from the 4.6% contraction experienced in 2024. This projection is outlined in the 2025 Budget Policy Statement released by the National Treasury in Nairobi. The statement highlights the government’s strategies to stimulate recovery while fostering sustainable growth in key sectors. Economic Performance […]

The Energy and Petroleum Regulatory Authority (EPRA) of Kenya has announced a significant hike in fuel prices in its most recent review, with costs surpassing KES 200 per litre for the first time. The new prices, which took effect on January 15 and will remain valid until February 14, 2025, are poised to have widespread […]

Historic Agreement Signed in Abu Dhabi In a significant milestone for Middle Eastern and African economic relations, the UAE and Kenya signed a Comprehensive Economic Partnership Agreement (CEPA) in Abu Dhabi on January 15, 2025. The signing ceremony, held at Qasr Al Bahr, was attended by UAE President His Highness Sheikh Mohamed bin Zayed Al […]

President William Ruto embarked on a significant diplomatic mission to the United Arab Emirates (UAE) on Monday evening to attend the Abu Dhabi Sustainability Week (ADSW) Summit. The summit, a leading global platform for advancing sustainability initiatives, provides a venue for world leaders to explore actionable solutions for the global energy transition. Kenya’s Leadership in […]

Teleperformance, a global leader in digital business services, has announced the expansion of its operations in Kenya with the opening of a state-of-the-art center at the Two Rivers International Finance and Innovation Centre (TRIFIC). This strategic investment will create between 4,000 and 5,000 new jobs, solidifying Kenya’s position as a premier outsourcing destination in Africa. […]

Kenya has experienced a remarkable surge in tea export volumes and earnings, marking a significant milestone for the country’s agriculture sector. According to the Tea Board of Kenya (TBK), tea export volumes increased by 20.8% in the first ten months of 2024, compared to the same period in 2023. This growth was attributed to heightened […]