Kenya's economy is anticipated to achieve a growth rate of 6.3 per cent this year, surpassing the estimated 6.1 per cent in 2023, according to Reuters citing the country's Finance Ministry.
This reflects an upwards adjustment from earlier forecasts (...)
Ugandan President Yoweri Museveni and his Kenyan counterpart, William Ruto, held talks on Monday to address the ongoing dispute regarding Uganda's petroleum product imports through Kenya.
While a statement from the Ugandan State House confirmed that (...)
لقي شخصان مصرعهما وأصيب نحو 300 شخص في حريق كبير ناجم من انفجار غاز في نيروبي، وفق ما أعلن الصليب الأحمر الكيني اليوم الجمعة.
وقال الصليب الأحمر على منصة «إكس» إن «الإجراءات المنسقة لمختلف وحدات التدخل أتاحت إجلاء 271 شخصًا إلى مرافق صحية مختلفة في (...)
Uganda will pay about $225 million to electricity company Umeme Limited to allow the utility to recoup its investments in the national grid after its concession ends in March 2025, Reuters cited an official from Energy Ministry on Thursday.
The (...)
Kenya and the European Union signed the Kenya-European Union Economic Partnership Agreement in Nairobi on Monday, reaffirming their commitment to enhance economic cooperation.
The signing ceremony was attended by Kenyan President William Ruto and EU (...)
Egyptian Prime Minister Mostafa Madbouly held a meeting to review some proposals that would contribute to increasing trade exchange with African countries.
At the beginning of the meeting, the Prime Minister referred to the ongoing directives of (...)
Africa Export-Import Bank (Afreximbank) signed memorandum of understanding (MoU) with African Airlines Association (AFRAA) on Tuesday.
The MoU was signed during the Intra-African Trade Fair (IATF) 2023 held in Cairo, Egypt.
The agreement will help (...)
The African Export–Import Bank (Afreximbank) has signed on Sunday a term sheet for a $300 million African collaborative transit guarantee (AATGS) with regional reinsurer, Nairobi-based ZEP-RE.
The facility aims to boost ZEP-RE's capacity to support (...)
UN discusses the debate over plastic production limits to help protect the environment and wildlife.
As the world's nations start another round of talks this week to create a first-ever treaty to contain plastic pollution, tough debates are expected (...)
The Unites States' Millennium Change Corporation (MCC) has signed a $60 million agreement with Kenyan President William Ruto to improve urban connectivity and promote economic growth in Kenya, the U.S embassy in India announced on Tuesday.
This (...)
The Africa Climate Summit (ACS) hosted by Kenya last week succeeded in highlighting climate action as a solution to food, energy and debt crises, UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing 2030 Sustainable (...)
Dubai-based renewable-energy company, AMEA Power, plans to build a green hydrogen facility in the Kenyan port of Mombasa in what would be a first for the East African country.
"Let's start with one gigawatt and see how the world is going before I (...)
A delegation from the Egyptian Exchange (EGX) took part in the 2023 African Climate Summit, which is being held in Nairobi, Kenya.
The EGX and the Financial Regulatory Authority (FRA) held a panel discussion on Friday titled "The Future of Carbon (...)
Egypt's Minister of Water Resources and Irrigation, Hani Sweilam, participated in the African Climate Summit, held in Nairobi, Kenya, where he met with officials from Kenya and the United Arab Emirates (UAE) to discuss cooperation and coordination (...)
Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing 2030 Sustainable Development Agenda, said Tuesday that the partnership between the Glasgow Financial Alliance for Net-Zero (GFANZ) and the African (...)
The African Development Bank (AfDB) announced Wednesday a new $1bn fund to accelerate climate financing for Africa's youth businesses.
The additional financing will boost YouthAdapt, a joint initiative between the Bank and the Global Centre on (...)
The landmark Africa Climate Summit, which concluded Wednesday, adopted the Nairobi Declaration, calling for world leaders to rally behind a global carbon tax on fossil fuels, aviation and maritime transport.
The declaration also aims to reform the (...)
The United Arab Emiratis (UAE) will provide $4.5 billion to accelerate the development of clean energy projects in Africa, according to UN climate summit Cop28 president-designate Sultan al-Jaber on Tuesday.
The finance aims to "catalyse at least an (...)
Egyptian Prime Minister Mostafa Madbouly discussed on Monday ways to further boost Sri Lankan investments in Egypt.
This came during a meeting between Madbouly and the Envoy of the Sri Lankan President Ruwan Wijewarden in Nairobi.
They also (...)
Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing the 2030 Sustainable Development Agenda emphasised the importance of considering the debt crises experienced by a number of African countries and (...)
Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing the 2030 Sustainable Development Agenda said Tuesday that the African Carbon Markets Initiative (ACMI) is one of the most important mechanisms for (...)
Egypt's Prime Minister Mostafa Madbouly arrived in Nairobi on Monday to represent President Abdel Fattah Al-Sisi at the Africa Climate Summit (ACS) hosted by Kenya.
The Prime Minister is expected to deliver three speeches on the first day of the (...)
Knight Frank MENA, a global real estate consultancy, has issued the Africa Horizons 2023/24 Report, a comprehensive analysis showcasing Africa's remarkable post-pandemic recovery. With a focus on Egypt, this report reveals a renewed surge in global (...)
Egypt's President Abdel Fattah al-Sisi arrived on Saturday to Kenya's capital, Nairobi, to participate in the Fifth Mid-Year Coordination Meeting (5th MYCM) of the African Union, according to spokesman for the presidency.
al-Sisi will deliver a (...)
African states on Tuesday kicked off a three-day meeting in the Kenyan capital of Nairobi to discuss ways of accelerating the uptake of national digital IDs in order to boost the delivery of government services.
The 7th ID4Africa Augmented General (...)