Serrari Group

Kenya Begins National Debt Audit, Finance Minister Says

Kenya’s financial landscape is in the spotlight as the Auditor General’s office has officially begun a comprehensive audit of the country’s national debt. This move, driven by Finance Minister John Mbadi, is aimed at assessing the country’s debt, currently standing at a staggering 10.5 trillion shillings ($81.71 billion). The audit is part of the government’s […]

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Germany Signs Agreement with Kenya to Bring in Skilled Workers

In a significant move to address labor shortages, Germany and Kenya signed a bilateral agreement on Friday, September 13, 2024, aimed at promoting the recruitment of skilled Kenyan workers to fill gaps in Germany’s labor market. The deal was signed in Berlin during a meeting between Kenyan President William Ruto and German Chancellor Olaf Scholz. […]

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Uganda Boosts Kenya’s Kisumu Port with New Fuel Imports

Uganda’s decision to use Kenya’s Kisumu port for fuel imports marks a major turning point in East African trade and logistics. This development aligns with Kenya’s broader vision of revitalizing Lake Victoria’s potential as a key inland maritime transport hub, especially for East and Central Africa. By partnering with Uganda, Kenya is inching closer to […]

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Namibia and Kenya Focus on Strengthening Trade and Cooperation

Namibia and Kenya are positioning themselves to seize regional and continental economic opportunities to bolster economic growth, trade, and regional integration. These efforts were underscored during the Namibia–Kenya political and diplomatic consultations held earlier this week in Windhoek, Namibia. The consultations culminated in a joint communiqué highlighting the nations’ commitment to deepening their bilateral relations […]

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Kenya Bans Sugar Imports from Outside COMESA, EAC Trade Blocs Amid Increased Local Production

Introduction On Tuesday, September 10, 2024, Kenya announced a ban on sugar imports from countries outside the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC). The move, spearheaded by the Ministry of Agriculture and Livestock Development, comes as Kenya’s sugar production levels improve, reducing the country’s reliance on external […]

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EU Reassures Kenya on ‘Win-Win’ EPA Trade Deal After Rollout

Introduction Kenya and the European Union (EU) have reinforced their commitment to the European Union-Kenya Economic Partnership Agreement (EPA), which officially came into force on July 1, 2024. This landmark trade deal is expected to significantly impact Kenya’s export market and its overall economy, fostering long-term growth and sustainable development. However, the deal has sparked […]

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Macadamia Nut Farming Boosts Kenya’s Position as Top Exporter, AGRA Report

Introduction Kenya has made significant strides in the agricultural sector, particularly in macadamia nut farming, which has solidified the country’s position as a leading exporter in the region. This progress comes despite various regulatory and market challenges that have historically plagued the sector. According to the 2024 Africa Agriculture Status Report published by the Alliance […]

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FOCAC: China’s Hunan Province Strengthens Ties with Kenya

China’s Hunan Province has called for increased cooperation with Kenya to bolster economic and political ties between the two regions. This move comes as part of a broader strategy by China to enhance its influence in Africa, particularly through initiatives that align with the Forum on China-Africa Cooperation (FOCAC). Background of Hunan-Kenya Relations China’s governance […]

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Xi Jinping Proposes to Deepen China-Kenya Strategic Partnership in Three Key Areas: A New Era of Bilateral Relations

Chinese President Xi Jinping, during a meeting with Kenyan President William Ruto, proposed strengthening the China-Kenya strategic partnership across three key areas. This meeting, held on the sidelines of the 2024 Forum on China-Africa Cooperation (FOCAC) Summit in Beijing, signals a new chapter in the already robust relationship between the two nations. The proposals by […]

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Adani’s Nairobi Airport Deal Sparks Protests and Political Backlash

The proposed takeover of Nairobi’s Jomo Kenyatta International Airport (JKIA) by India’s Adani Group has triggered widespread protests in Kenya, leading to significant concerns on both domestic and international fronts. The deal, which involves a $1.85 billion investment by Adani in exchange for the operation of the airport for 30 years, has raised alarm among […]

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