Kenya
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News
Kitgum-Kidepo Road upgrade boosted with Shs 450bln loan approval
KAMPALA, May 1, 2024 – Parliament has approved a government request to borrow about 110.5 million Euros [about Shs 450 billion] from Standard Chartered Bank to finance the tarmacking of Kitgum-Kidepo Road.…
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News
Fish cooperative in Kenya meeting increased demand for fish
NAIROBI, April 30, 2024 – William Ebukut lives with his family of seven in Loiyangalani town located in Marsabit County on the eastern bank of Lake Turkana. The lake occupies northwestern Kenya,…
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News
Kenyan farmers get fertiliser boost with US$ 2mln AFFM credit guarantee
NAIROBI, April 28, 2024 – In a significant step to advance food security in Kenya, the Africa Fertiliser Financing Mechanism [AFFM] on Friday launched a project that will help deliver nearly 8,000…
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News
Feasibility studies for major EAC expressway set to begin soon
BUSIA, April 24, 2024 – The feasibility studies for the 256-kilometre multinational Kisumu-Kisian-Busia/Kakira-Malaba-Busitema-Busia Expressway is set to start soon after the East African Community [EAC] officially handed over the site to the…
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News
Local leaders urge gov’t to upgrade Lwakhakha border post
NAMISINDWA, April 24, 2024 – Leaders in Namisindwa district have asked government to upgrade the Ugandan side of Lwakhakha border post shared with Kenya into a modern One- Stop Border Post [OSBP],…
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Opinions & Commentary
The business of water: Addressing Africa’s growing thirst
KAMPALA, April 16, 2024 – Water scarcity poses a significant hurdle to Africa’s growth and development, with climate change and deteriorating infrastructure intensifying the challenges. South Africa’s recent water crises, where about…
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News
Tayebwa hails BoU decision to keep Anne Juuko as Stanbic Bank CEO
KAMPALA, April 3, 2024 – The Deputy Speaker of Parliament, Thomas Tayebwa has backed the position of the Bank of Uganda [BoU] to reject a foreign national nominated by the Standard Bank…
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Cooperatives & Communities
Kenya: Coffee cooperatives urged to list their debts
NAIROBI, April 2, 2024, Kenya’s Ministry of Cooperatives and Micro Small and Medium Enterprises Development has asked coffee cooperative societies in the country to list and verify their debts to help the…
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News
Africa’s wind power holds potential to light up the continent, says IFC report
KAMPALA, March 26, 2024 – Africa has enough wind resources to power its entire electricity demand 250 times over, according to a commissioned study by the World Bank’s International Finance Corporation. The…
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Cooperatives & Communities
Co-operative Bank of Kenya to pay shareholders Ksh 8.8bln in dividends
NAIROBI, March 25, 2024 – The Co-operative Bank of Kenya has maintained a dividend of Ksh 1.5 per share for the year ended December 31, 2023 after it recorded a 5.2 percent…
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