Kenya’s Power to get $300m bailout
Struggling Kenyan national carrier, Kenya Airways (KQ) and utility firm Kenya Power will get a bailout of Ksh37.3 billion ($300 ...
Tag: Kenya
IMF grants $447m loan to Kenya
The executive board of the International Monetary Fund (IMF) has approved a Ksh55.1 billion ($447.39 million) loan to Kenya, paving ...
Kenya’s exports to Uganda drop
Kenya’s exports to Tanzania grew the sharpest among all East Africa Community (EAC) markets in the six months to June, ...
Ruto’s order on cargo clearing can upset China, Uganda
This order by Kenyan President William Ruto to revert cargo clearing services to the port of Mombasa could upset China ...
Tanzania freezes exports permits for Kenyan traders
Tanzania has frozen the issuance of new maize export permits for Kenyan traders in what could worsen the shortage of ...
AfDB approves $150m for Kenya’s highway Project
The Board of Directors of the African Development Bank Group has approved financing of $150 million to Kenya to support ...
AfDB approves €63 loan to Kenya
The Board of Directors of the African Development Bank Group has approved a €63 million loan to Kenya to significantly ...
Budget: Kenya cap in hand to World Bank
Kenya negotiating with the World Bank for a $750 million loan for budgetary support.
Kenya, Ethiopia, Djibouti sign top deals with China
At the recently concluded 2nd Belt and Road Summit in Beijing, countries were lured by infrastructure deals offered by China.
Buhari commiserates with Kenyatta over attack
President Muhammadu Buhari commiserates with the government and people on the attack on a hotel in Nairobi.
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