In a decisive move to fortify its economic resilience and reassure international investors, Kenya has finalized a landmark agreement aimed at shielding over Ksh260 billion (approximately $2 billion) in foreign investments from the vagaries of political and economic uncertainties. This significant development comes just days after nationwide protests raised considerable concerns over the country’s investment […]

Kenya, a vibrant East African economic hub, finds itself at a critical juncture, grappling with persistent challenges of corruption, illicit financial flows, and inefficient public spending that are severely impacting its development trajectory. A recent and comprehensive report by the African Development Bank (AfDB) sheds stark light on the magnitude of these issues, revealing that […]

The International Monetary Fund (IMF) has wrapped up a crucial two-week governance scrutiny mission in Kenya, a pivotal exercise aimed at bolstering the integrity and efficiency of public offices. Conducted from June 16 to 30, 2025, the review sought to meticulously identify weaknesses in governance and pinpoint corruption vulnerabilities that could significantly impede Kenya’s economic […]

The financial pulse of East Africa is beating with a mix of historic achievements, profound digital transformations, and critical institutional challenges. From Kenya’s record-breaking foreign exchange reserves to Tanzania’s surging digital payments and Uganda’s central bank navigating a period of intense scrutiny, recent developments highlight a dynamic and increasingly complex financial landscape across the region. […]

A historic moment in East African energy cooperation unfolded this week as Ethiopia commenced its first-ever electricity exports to Tanzania, with power seamlessly transmitted through Kenya’s robust high-voltage network. This successful pilot marks a significant milestone in regional energy trade, establishing a new corridor for power flow and solidifying Ethiopia’s burgeoning role as a regional […]

In a significant strategic development for both Kenya and the broader African continent, the European Bank for Reconstruction and Development (EBRD) has formally committed to establishing its African continental office in Nairobi. This landmark decision, which President William Ruto enthusiastically welcomed and whose ratification process is currently before the Kenyan Parliament, signifies a pivotal deepening […]

In a pivotal moment for Kenya’s economic trajectory, President William Ruto has officially assented to three critical National Assembly Bills: the Finance Bill 2025, the Supplementary Appropriation Bill 2025, and the Appropriations Bill 2025. Signed into law at State House, Nairobi, these legislative instruments collectively define the government’s comprehensive strategy for generating revenue, outlining tax […]

A new titan has emerged in the global tea industry. Browns Plantations PLC, a subsidiary of Sri Lanka’s diversified conglomerate LOLC Holdings Group, has officially cemented its position as the world’s largest tea producer. This monumental achievement follows the strategic acquisition of James Finlay Kenya’s tea estates business and, implicitly, a significant portion of the […]

In a landmark commitment to safeguarding the environment and uplifting rural communities, the International Fund for Agricultural Development (IFAD) and the Government of Kenya have formally signed a transformative US$126.8 million agreement. This significant co-financing initiative is earmarked for a comprehensive investment project specifically designed to build resilience against the escalating impacts of climate change […]

In a significant boost to Kenya’s Technical and Vocational Education Training (TVET) sector, a German-based organization, Chancen International (CI), has announced a pioneering initiative to provide comprehensive tuition fee funding for 6,000 students across the country. This strategic intervention, revealed on June 23, 2025, aims to dismantle financial barriers, ensuring that vulnerable and low-income students […]