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Kenya's dollar reserves fall, shrinking ability to sustain imports
Kenya's foreign exchange reserves have dropped to a five-month low, diminishing the country's ability to sustain imports in the coming months.
August15,2017
Kenya's internal debt rises to 21 bln USD
Kenya's domestic debt has risen to 21 billion U.S. dollars following increased sale and uptake of Treasury bills and bonds as the government seeks to offset a budget deficit.
July12,2017
Chinese firm to expand SGR in Kenyan City
China Road and Bridge Corporation responsible for building Kenya's modern railway has confirmed that the government has given it the green light to undertake feasibility studies to expand infrastructure in the country's capital.
July11,2017
Kenya launches special economic zone project
Kenya on Friday launched a Special Economic Zone (SEZ) project that is expected to attract about 2 billion U.S. dollars of foreign investments.
July11,2017
Kenya's GDP rate to remain flat in 2017 amid worsening drought
The Kenyan economy is projected to grow at 5.9 percent in 2017, the same rate of growth achieved in 2016 but might fall slightly further down due to a slowdown in economic activity within the private sector because of the prevailing drought.
March31,2017
Kenya to spend 2.15 mln USD for livestock payouts over drought
The Kenyan government announced on Sunday that it will spend 2.15 million U.S. dollars for cash payouts to support pastoralists to purchase fodder and animal feed for their stock until the end of the severe drought.
March06,2017
Obama leaves enduring legacy in Africa despite unmet promises
Former U.S. President Barack Obama whose father was Kenyan left an admirable legacy in Africa despite failing to fulfill his pledges to lift the continent from the yoke of poverty, disease, natural calamities and civil strife, according to Kenyan experts.
January26,2017
Kenya's exports to African nations shrink for 3rd year
African countries imported fewer goods from Kenya this year, leading to reduced earnings for East Africa's biggest economy.
December30,2016
Kenya launches strategy to boost investments in agriculture
Kenya has launched a development strategy to help scale up investments in agriculture and outlines way forward to improve economic growth, reduce food imports, and boost nutrition.
December09,2016
China-funded biotech research facility completed in Kenya
A state-of-the-art facility funded by the Chinese government to promote collaborative research with African countries in the field of agriculture and biodiversity conservation was officially handed over to a Kenyan university on September 26.
September30,2016
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