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…
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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…
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.
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…
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.
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…
