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Economy

Kenya’s KES 194 billion Eurobond: Relief or new debt trap?

Kenya has raised USD 1.5 billion (about KSh 194 billion) from international investors through a new Eurobond. The National Treasury says part of the...

How Kenya is outsmarting its East African peers to attract more global tourists

Kenya is tightening its grip as East Africa’s tourism powerhouse, outpacing its neighbours in both visitor numbers and earnings. According to the 2024 Annual...

Kenya’s 65,000 jobs relief as Trump signals one-year renewal of expired AGOA pact

More than 65,000 Kenyan jobs in the export processing zones (EPZs) hang in the balance after US President Donald Trump’s administration signaled support for...

Kenya Lone Ranger in Trade Deal with the US Before Year-End as AGOA Nears Expiry

Kenya is racing to conclude a landmark trade agreement with the United States before the end of the year, according to Trade Cabinet Secretary...

Vodacom Tanzania injects $100 million to revamp M-Pesa services, technology in the next five years

Vodacom Tanzania has announced plans to inject more than $100 million into modernising its network and digital platforms, with a special focus on upgrading...

Africa’s AI market to quadruple to $16.5B in five years – report

Africa’s artificial intelligence (AI) market is set for explosive growth, projected to reach USD 16.5 billion by 2030, up from USD 4.5 billion in...

Kenya’s booming housing market ranks above global property giants – report

Kenya’s housing market is now one of the strongest in the world, delivering better investment returns than any other major property market, according to...

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