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Khusoko – East African Markets

Khusoko – East African Markets

Trusted East African Financial Business Platform

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    The latest business and financial market news and analysis.

    Logistics: FedEx Launches Weekly Flights to Nairobi

    Kenya is the world’s leading exporter of black tea and cut flowers, and with perishable and agricultural exports accounting for…

    26th May 2022
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    • Logistics: FedEx Launches Weekly Flights to Nairobi
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    FedEx Express has introduced its first weekly scheduled service to Nairobi in the quest to improve its services in Africa.

    Electricity Demand Peaks in Kenya As Economy Recovers

    Electricity demand in Kenya has surpassed November 2021’s demand, with the peak in May being 2,051MW up from 2,036MW recorded…

    26th May 2022
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    • Electricity Demand Peaks in Kenya As Economy Recovers
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    Electricity demand in Kenya has surpassed November 2021’s demand, with the peak in May being 2,051MW up from 2,036MW recorded in November 2021.

    Raise Policy Rate to Contain Inflation: Kenya Bankers to CBK

    The MPC has maintained the Central Bank Rate (CBR) at 7.00 per cent for the thirteenth consecutive time.

    25th May 2022
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    • Raise Policy Rate to Contain Inflation: Kenya Bankers to CBK
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    Kenya’s banking sector is clamouring for a rise in the policy rate to rein in inflation and the destabilizing effects on the macroeconomy.

    CBK Floats 18-Yr Infrastructure Bond Worth KSh 75Bn

    The Central Bank of Kenya has floated an 18-year Infrastructure bond worth KSh 75 billion to fund infrastructure projects in…

    24th May 2022
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    • CBK Floats 18-Yr Infrastructure Bond Worth KSh 75Bn
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    The Central Bank of Kenya seeks to raise Kshs 75.0 billion to fund infrastructure projects through 19-year Infrastructure Bond Worth KSh 75 Billion

    Citi, British International Investment Ink $100Mn Risk-sharing Lending Deal for Africa

    The new Master Guarantee risk-sharing agreement will boost Citi’s supply chain finance volumes in Africa by up to $400 million.

    18th May 2022
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    • Citi, British International Investment Ink $100Mn Risk-sharing Lending Deal for Africa
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    British International Investment and Citigroup have signed a $100 million risk-sharing facility aimed at boosting lending to small businesses across Africa

    Kenya Inflation: CBK Expected to Raise Interest Rates in Q3

    So far this year, the bond market, consistent with the global market’s trend, has been largely bearish. In fact, benchmark…

    16th May 2022
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    • Kenya Inflation: CBK Expected to Raise Interest Rates in Q3
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    The CBK is expected to begin raising interest rates mid this year to avert prolonged price pressure due to de-anchored expectations.

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