President William Ruto’s recent diplomatic journey to the United States has shone a spotlight on Kenya’s burgeoning tech prowess, positioning the nation as a focal point for innovation in Africa. During discussions with President Joe Biden at the White House on May 23, 2024, Ruto emphasized Kenya’s commitment to leveraging technology for economic growth. Kenya: […]

Turkana County, often misconceived as inhospitable terrain, is in fact a hidden gem of economic opportunity. Despite its arid appearance, Turkana boasts vast mineral resources that hold the promise of transformative growth for the region. Under the leadership of Mr. Stanley Loter, the County Director of Mineral Resources, Turkana’s true potential is being recognized. Spanning […]

In a significant stride toward fostering innovation and economic growth, the United States and Kenya have formalized a pioneering Framework for Cooperation aimed at advancing STEM (Science, Technology, Engineering, and Mathematics) education. During Kenyan President William Ruto’s State Visit to the United States, USAID Counselor Clinton White and Kenyan Prime Cabinet Secretary Wycliffe Musalia Mudavadi […]

In a strategic move to propel Kenya’s digital landscape forward, Microsoft Corp. and G42 have announced a substantial $1 billion investment initiative. This collaboration, in partnership with Kenya’s Ministry of Information, Communications, and the Digital Economy, signifies a pivotal moment for Kenya’s technological advancement. At the core of this initiative is the establishment of a […]

Kenya’s economy demonstrates resilience, with the latest Economic Survey Report unveiling a robust growth trajectory. According to the Kenya National Bureau of Statistics, the Gross Domestic Product (GDP) surged to 5.6% in 2023, a notable improvement from the revised figure of 4.9%. Agriculture, Forestry, and Fishing emerge as key drivers of this growth, experiencing a […]

In a recent report by the Financial Times, Kenya emerges as a notable contender in Africa’s business arena, securing the third position among countries with the fastest-growing companies. With an impressive eleven firms featured on the list of 125 rapidly expanding enterprises, Kenya showcases its resilience and innovation amidst economic challenges exacerbated by the COVID-19 […]

In a significant step towards sustainable development, key stakeholders in Kenya’s environmental conservation sector are gathering in Nairobi to strategize on unlocking the nation’s potential as a global hub for green jobs and digital work. This initiative is being led by the government in collaboration with Jacob’s Ladder Africa, International Labour Organisation (ILO), United Nations […]

President William Ruto has revealed a significant plan to raise Kenya’s tax revenue from the current 14% to 22%, a move aimed at bolstering the nation’s financial health and reducing dependence on external borrowing. Speaking to Harvard Business School’s Class of 2025 at State House on May 15, President Ruto detailed a phased approach to […]

Kenya and the European Union have solidified their economic partnership with the signing of the Economic Partnership Agreement (EPA) on Tuesday. The ceremony, hosted at Nairobi’s State House and attended by the EU Delegation led by Ambassador Henriette Geiger, marks a significant step towards enhancing trade and investment between the two regions. President William Ruto […]

Today marks a pivotal moment in Kenya’s fiscal arena as the Finance Bill 2024 takes center stage in a special parliamentary session. This legislative initiative aims to introduce a series of tax reforms and empower the Kenya Revenue Authority (KRA) with newfound authority, sparking debates and discussions nationwide. The Finance Bill 2024 proposes significant changes […]