Kenya

Kenya lags behind its peers in transparency, an indicator of the theft and waste of public funds, a new survey shows. According to the 2023 Open Budget Survey (OBS), Kenya ranks 48th out of 125 countries when it comes to publishing…

Last week, I was honored to be part of the government delegation accompanying President William Ruto on his official visit to the United States. This visit comes in celebration of the sixtieth anniversary of the establishment of…

Kenya has signed an agreement with Bitcoin mining company Marathon Digital Holdings to monetize the country's underutilized energy resources. This partnership, announced by Marathon CEO Fred Thiel on X, represents an important step…

Written by David Shepardson WASHINGTON (Reuters) - The United States and Kenya announced on Friday that they will hold a new round of trade talks next month, as the two countries eye new trade agreements and look to strengthen economic…

In the 1980s, manufacturing in Kenya was so big that Daniel arap Moi's government dared to join the car manufacturers' league by commissioning the building of its own car. The plan failed because the exotic car, the Nyayo…

The recovery in the agricultural sector raised economic growth last year to 5.6 percent from 4.9 percent in 2022. The Kenya National Bureau of Statistics (KNBS) released the 2024 Economic Survey on Monday, detailing how different…

Kenya has grown to become the third largest e-commerce market in Africa, driven by increasing internet penetration that has made it an attractive market for investors. Statista, a German data and business intelligence platform, ranked…

Diamond Trust Bank (DTB) will select a CEO for its Kenya operations for the first time in a new management structure that will leave group managing director Nissim Devji in charge of all subsidiaries. This will mark a shift from the…

Mastercard and I&M Bank have announced the extension of their strategic collaboration through an 8-year alliance aimed at enhancing value propositions for cardholders in Kenya. The partnership aims to provide benefits through distinct…

Kenya is acquiring a high-tech missile defense system from Israel using a billion shillings loan from Tel Aviv amid growing security threats in the Gulf of Aden from Houthi rebels and Somalia's Al-Shabaab. The missile barrier,…