Serrari Group

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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Kenya Avocado Exports to China Fall by 80%: An In-Depth Analysis

Introduction Kenya’s avocado industry, a crucial sector of its agricultural exports, has recently faced a significant downturn in its trade with China. Chinese customs data reveal a staggering 80% drop in avocado imports from Kenya in the first seven months of 2024. This decline from 3.67 million kilograms in 2023 to just 742,934 kilograms this […]

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President Ruto Seeks New Multi-Million Dollar Infrastructure and Trade Deals in China Visit

President William Ruto’s official visit to Beijing for the 9th Forum on China-Africa Cooperation (FOCAC) Summit marks a pivotal moment in Kenya-China relations, with significant potential benefits for Kenya’s infrastructure, economy, and strategic partnerships. According to a State House communique, President Ruto is poised to secure critical agreements and investments that could shape Kenya’s development […]

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Bayobab Kenya Completes Multi-Million Fibre Network Linking Mombasa to Uganda

Bayobab Kenya, part of the Bayobab Group, the digital infrastructure arm of MTN Group, has announced the successful completion of a multi-million-shilling long-distance fibre network that links Mombasa to Malaba and Busia. This new fibre optic network is set to revolutionize connectivity across Kenya, Uganda, and neighboring countries, enhancing digital infrastructure and boosting economic growth […]

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IMF Halts Funding to Kenya Following Withdrawal of Finance Bill 2024: US Ambassador Reveals Economic Implications

In a significant turn of events, Kenya’s financial future took a hit when the International Monetary Fund (IMF) halted its scheduled disbursement of funds after President William Ruto withdrew the contentious Finance Bill 2024. The withdrawal, a result of mounting pressure from nationwide protests, has led to a pause in the much-needed financial assistance from […]

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NSSF’s Haba Haba Secures Future for Kenyans in Diaspora

As of 2024, it is estimated that over three million Kenyans reside in various countries around the globe, contributing significantly to the country’s economy through remittances. These remittances have been a crucial lifeline for many families in Kenya and have played a substantial role in the country’s economic stability. However, despite these contributions, many Kenyans […]

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Tax Policy Shift Leads to Credit Downgrade for Kenya

Kenya’s financial and political landscape has been thrown into turmoil following the decision by President William Ruto to rescind a highly controversial finance bill. This decision has prompted global credit rating agencies to reassess the country’s economic outlook, leading to significant downgrades that could have lasting impacts on Kenya’s economy. The most recent downgrade by […]

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