Kenya

Kenya’s Mobile Lenders Could Be Supervised by Central Bank

Kenya’s Mobile Lenders Could Be Supervised by Central Bank

Kenya’s mobile-phone lenders could come under central bank supervision, compelling them to disclose interest rates and transaction fees before giving loans, if draft legislation is…...

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Oil dealers now prefer Dar es Salaam over Mombasa Port

Oil dealers now prefer Dar es Salaam over Mombasa Port

By Otiato GuguyuThe USD60 (Sh6,000) tariff per 1,000 litres of transported fuel through the Kenyan oil pipeline is costing the country revenue as landlocked countries turn to Tanzan…...

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Kenya to Support Ethiopia’s Geothermal Energy Projects

Kenya to Support Ethiopia’s Geothermal Energy Projects

Kenya to Support Ethiopia’s Geothermal Energy Projects in a Kshs 5.8 Bn Second DealKenya’s energy generator, KenGen has signed a Kshs 5.8 Bn deal to drill 12 geothermal wells in E…...

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Only 1 in 100 firms meets China rules for avocado export

Only 1 in 100 firms meets China rules for avocado export

Only one firm out of over 100 has met the requirements laid down by the Chinese for export of avocados to the Asian country, six months after Nairobi and Beijing signed the deal.The…...

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Africa sets common currency goal by 2025

Africa sets common currency goal by 2025

Africa has revived talks of a common currency, with Finance ministers from the region optimistic the dream feasible in five to six years.Speaking at the International Monetary Fund …...

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Jubilee, Credit Bank enter deal targeting SMEs

Jubilee, Credit Bank enter deal targeting SMEs

Regional listed underwriter Jubilee Holdings Wednesday inked a partnership deal with Credit Bank that will see the firms create loan financing and insurance products that will be ta…...

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Oil export plan takes shape after Lamu berth reserved

Oil export plan takes shape after Lamu berth reserved

One of the first three berths of the Lamu port has been set aside to handle crude oil, officials have announced barely two weeks before Kenya’s second seaport launches its operatio…...

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Russia aims to double trade with Africa in 5 years: Putin

Russia aims to double trade with Africa in 5 years: Putin

SOCHI, Russia, Oct. 23 - President Vladimir Putin said Wednesday that Russia would aim to double trade with Africa over the next five years, at the opening of a summit aimed at revi…...

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Kenya to launch cervical cancer vaccine tomorrow

The Ministry of Health (MoH) is set to roll out a cervical cancer vaccine targeting 10-year-old girls starting tomorrow, in a move that will see the shot included in the national im…...

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One man’s mission to change lives of potato farmers

One man’s mission to change lives of potato farmers

Dominik Dieckmann is a man on a mission. He wants to change the lives of potato farmers in Nyandarua County through value addition.Mr Dieckmann, who is a German, is the brain behind…...

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