Introduction: A Major Boost for Kenya’s Electrification Agenda The Government of Kenya has secured a $386 million investment aimed at increasing national electricity coverage to 80%, significantly improving access to power for millions of Kenyans. Principal Secretary for Energy Alex Wachira announced this ambitious initiative, which aligns with the government’s goal of reducing reliance on […]

The Government of Kenya, in collaboration with the International Fund for Agricultural Development (IFAD), has issued a grant worth Sh124 million to fish farmers in 15 counties across the country. This initiative is part of the Aquaculture Business Development Programme (ABDP), which aims to foster sustainable smallholder fish farming and improve the livelihoods of individuals […]

Introduction The Kenya Revenue Authority (KRA) has demonstrated resilience in the face of challenging economic conditions, collecting Sh1.243 trillion in revenue by the end of December 2024. This represents a modest growth of 4-5% over the previous year’s revenue of Sh1.189 trillion. Despite various economic hurdles, including a slowdown in GDP growth, subdued domestic demand, […]

Kenyan Deputy President Kithure Kindiki has unveiled an ambitious seven-pillar plan to revitalize Kenya’s economy under President William Ruto’s leadership. The plan, presented during the 26th Ordinary Session of the Intergovernmental Budget and Economic Council (IBEC) held at Kindiki’s Karen office, reflects the Kenya Kwanza administration’s commitment to fostering economic growth, creating jobs, and improving […]

In a significant vote of confidence for the Kenya Kwanza government, global ratings agency Moody’s Investors Service has upgraded Kenya’s credit outlook from negative to positive. The announcement, made on January 25, 2025, reflects improved debt affordability and a reduced likelihood of liquidity risks. This upgrade comes at a critical time as the government, under […]

The Kenya Investment Authority (KenInvest) and the Kenya Private Sector Alliance (KEPSA) have announced a groundbreaking partnership aimed at enhancing Kenya’s economic growth through strategic public-private collaboration. The partnership is expected to streamline investment processes, advocate for business-friendly policies, and position Kenya as a premier destination for sustainable investments. This collaboration comes at a time […]

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, […]