Tag Archives: Kenya

Kenya: International Air Arrivals on Steady Growth Curve

Forecast urges aviation sector stakeholders to open up the skies.

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Kenya: KCB Foundation Launches Hydroponic Agriculture Project; Donates Food Aid in Marsabit County

The KCB Foundation has launched a long-term project to grow livestock fodder using hydroponic technology in Kenya’s arid and semi-arid counties in a bid to drive up agricultural production in the regions.

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Growing International Hotel Brands in the Country, a Plus for Kenyan MICE Industry

MICE industry

Radisson Blu, Upper Hill – Nairobi

Kenya has recorded steady growth in the Meetings, Conference, and Incentives industry, per a recent report by the Kenya Tourism Board (KTB). In 2016 alone, the MICE industry accounted for 13% of total international tourism arrivals; mostly consisting of business travellers. In 2015, the sector welcomed 117,630 tourists, recording a remarkable 14% increase on 2014 and marking a total contribution of 15.6%, of the total international arrivals for the year.

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Kenya Grounding Africa’s Economic Growth

Located in East Africa and sharing its borders with countries including Ethiopia, South Sudan, Tanzania and Uganda, Kenya has often been referred to as the commercial “gateway” to and regional hub of East Africa. This comes as a result of the strategic importance the coastal city of Mombasa plays, which is one of the busiest ports along the East African coastline.

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Mastercard to introduce Masterpass QR to impact 150,000 Kenyan MSMEs.

masterpass qr

As part of t’s global commitment to connect 40 million micro, small, and medium scale enterprises (MSMEs) to its electronic payment system by 2020, MasterCard will be rolling out its Masterpass Quick Response (QR) system in Kenya this year. The Masterpass QR is anticipated to bring smart financial inclusion to about 150,000 traders in Kenya by promoting business transaction and financial ease within the micro, small and medium, scale enterprise sector.

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Integration Efforts in the EAC

Otavio Veras, Researcher of the NTU-SBF Centre for African Studies

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JICA to share management best practices with African entrepreneurs during the AFIF 2017 in Nairobi

The Japan International Cooperation Agency (JICA) will participate in the training for entrepreneurs organised by EMRC on 13-14 February, ahead of the 11th edition of the Africa Finance & Investment Forum (AFIF)

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Humanitarian Leaders to Discuss Sustainable Development Goals in sub-Saharan Africa

More than 300 high-profile representatives from NGOs, businesses, government and UN organisations are set to convene at the Aid & Development Africa Summit in Nairobi this February exchanging innovative and sustainable solutions for improving aid delivery and development strategy in sub-Saharan East Africa.

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IMF Executive Board Completes First Review Under the Stand-By Arrangement and Standby Credit Facility Arrangement for Kenya

IMF Board approved completion of first review of Kenya’s economic program supported by the Stand-By Arrangement (SBA) and the Standby Credit Facility (SCF).

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Abengoa to develop 132 kilometer transmission line project in Kenya

— The project, financed by the African Development Bank, is worth approximately €32 million.

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