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Kenya hosts first ever Sustainable Blue Economy conference

Kenya is co-hosting the first ever-global Sustainable Blue Economy Conference with Canada and Japan from Nov. 26 to 28. The three-day conference has high global support with over twenty world leaders and 13,000 participants from around the world. The participants are coming together to learn how to build a blue economy. According to the conference […]

Top US diplomat to visit Horn of Africa

The United States Department of State’s top diplomat on African Affairs will travel to Ethiopia, Djibouti, Eritrea, Kenya, and later on to Germany from November 27 to December 8, Washington said. Tibor Nagy, Assistant Secretary for the Bureau of African Affairs is expected to visit the Horn of Africa as part of US efforts to […]

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Kenya gets new €235 million loans to complete Thwake dam

The African Development Bank (AfDB) has approved two loans worth €235.763 million for the completion of a dam on Thwake River in southern Kenya.   According to the bank, the loan was requested by Kenyan authorities as an additional support to a €76 million loan granted by the Bank in 2013 to start building of […]

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U.S. appoints Peter Pham as Special Envoy to Great Lakes region

Secretary of State Mike Pompeo has announced the appointment of Peter Pham as the U.S. special envoy for Africa’s Great Lakes Region. According to a State Department’s statement, Peter Pham, director of the Africa Center at the Atlantic Council think tank, will coordinate U.S. policy in the region, with an emphasis on strengthening democratic institutions. […]

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Kenya to raise $2.8 bln from Eurobond, loans

Kenya is looking forward to raise $2.8 billion from Eurobonds in the coming months. This will be Kenya’s third Eurobond quest since 2014. The country plans to raise $2.8 billion despite the International Monetary Fund’s concerns that the country is at risk of over-indebtedness. The Washington-based lender urged the state to refinance debt using concessional […]

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Melania Trump starts African tour

First Lady Melania Trump started Tuesday her first African tour by a visit to Ghana. The First Lady will also visit Malawi, Kenya and Egypt, to promote her ‘Be Best’ campaign, which she launched in May 2018. In Ghana, the first lady visited the Greater Accra Regional Hospital, where she saw babies being weighed as […]

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Kenya: Inflation hits 12-month high due to VAT on fuel

Kenya’s inflation rose in September, pushed higher by an increase in fuel, transport and food prices, the statistics office said over the weekend. According to Kenya National Bureau of Statistics (KNBS), the rate rose to 5.70 percent year-on-year from 4.04 percent a month earlier, while on monthly basis, inflation was 1.02 percent from 0.31 percent […]

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Melania Trump to start solo trip to Africa next week

Melania Trump will visit Ghana, Kenya, Egypt and Malawi next month in her first solo trip abroad as US First Lady, White House correspondents reported on Wednesday. “There are many programs across the United States that are doing great things for children, and I believe we can replicate many of these programs overseas,” Mrs. Trump […]

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Kenya’s external position is strong – IMF

The International Monetary Fund said Kenya’s external position is strong and it will continue to support its reform efforts through policy advice. Kenya secured a six-month extension for its stand-by credit arrangement of $989.8 million from the fund in March. The second review of the IMF-supported program has not been completed, and the program has […]

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Kenya, UK sign trade & security deals

Britain is committed to free trade with Kenya and supports the East African nation by providing military equipment to enhance borderline aviation security, capacity building and information sharing, British Prime Minister Theresa May said on Thursday. May who was speaking in Nairobi on the third stop of a trip to Africa, said, as Britain prepares […]

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