Through the Sustainable Inclusive Business (SIB-Kenya), the Kenya Private Sector Alliance (KEPSA) has released a report dubbed “Change the Story: Developing a Local Carbon Market in Kenya”. The report describes the current situation, reflects on the opportunities for a Kenyan carbon market, and comes just days after the 2023 Earth Hour celebrations. It has been […]
Category Archives: Kenya News
Kenya News
Kenya News, South Africa News, Tech
8.7% of users encountered phishing attacks in Africa in 2022, global number of attacks exceeds 500 million
Kaspersky’s (www.Kaspersky.co.za) anti-phishing system prevented more than 500 million attempts at accessing fraudulent websites globally in 2022. This is twice more compared to 2021 figures. In Africa, 8.7% of individuals and corporate users were affected by phishing: attacks on their devices were detected and stopped. In South Africa, the share of users affected by phishing […]
Angola News, Ethiopia News, Ghana News, Kenya News, Nigeria News, Republic of Côte d'Ivoire (Ivory Coast), Senegal News, South Africa News, Startups, Zambia News
MultiChoice Africa Accelerator Programme set to boost prosperity of African small and medium-sized businesses (SMME)
MultiChoice shortlists 11 start-ups to pitch for international funding and take their small businesses to the next level At a time when unemployment challenges and economic instability are high, small and medium-sized businesses (SMMEs) are proving to be the engines of economic growth and job creation throughout the African continent. In recognition of the critical […]
Kenya News, Medicine
Fast-Tracking Universal Health Coverage in 2023: It’s time to focus on innovation and knowledge partnerships
by Basil Malaki, Knowledge Transfer Manager for Kenya at Innovate UK KTN Global Alliance Africa As the leading economy in East Africa, it is no surprise that Kenya often ranks top across several developmental indicators. In terms of economic growth, the country has maintained an annual GDP growth rate of 5% with GDP per capita […]
By Dr. Fikrejesus Amahazion Earlier this week, President Isaias Afwerki traveled to Kenya to meet with President William Ruto, following up on the latter’s visit to Eritrea late last year. During the two-day working trip to Nairobi, President Isaias, accompanied by a high-level delegation, held extensive talks with his counterpart and other Kenyan government officials. […]
African News, Kenya News, Startups
It’s time to demystify Intellectual Property in Kenyan innovation
by Sheilah Birgen, Country Lead for Kenya at Innovate UK KTN Global Alliance Africa. With a relatively stable macroeconomic environment, sustained investor confidence, and a fast-expanding services sector, Kenya has emerged as one of the fastest-growing economies in Africa and the largest in the East African region by way of Gross Domestic Product (GDP)[1]. To […]
Fintech, Ghana News, Kenya News, Nigeria News, South Africa News
Blockchain Africa Conference 2023: Gearing African businesses to compete in the global marketplace
The adoption of blockchain technology has gained traction in South Africa, Kenya, Nigeria and Ghana – resulting in more efficient and lower-cost cross-border payments to facilitate African businesses conducting trade abroad1. This shift can be attributed to an increase in global ratification of the technology where approximately 44% of the top 100 public companies2, including […]
Events, Fintech, Kenya News, Tech
Africa Tech Summit 2023 Returns To Nairobi For Fifth Edition In February
Africa Tech Summit, the leading tech conference focused on connecting businesses and driving investments within Africa’s tech ecosystem, will host its fifth edition on the 15th to 16th of February 2023 at the Sarit Expo Centre in Nairobi. “After a sold-out out Summit in 2022, we are excited to welcome back 1000+ tech leaders, investors, […]
The 7th Edition Connected Banking Summit – East Africa will be held on the 7th of March in Nairobi, Kenya The Connected Banking Series focuses on building future-oriented banking models by accelerating the pace of digital transformation and delivering a delightful customer experience in line with policy and regulations while ensuring the highest standards of […]
Onyango Rachael Kenya is among the least contributors to greenhouse gas emissions worldwide but still bears the brunt of climate change. A third consecutive below-average rainfall is negatively affecting food availability and access for women, men, and children in 20 of the 23 arid and semi-arid land (ASAL) counties. According to the National Drought Management […]
The Kenya Plastics Pact has published a list of problematic and unnecessary plastic items to be eliminated in Kenya. This adds to the already existing Government’s plastic bag ban that came into force in 2017, and the ban on selected single-use plastic items in protected areas since June 2020. The priority list supports a collective plan to […]
Energy, Kenya News, Nigeria News, Togo News, Zimbabwe News
‘Green affordable power in Africa is a must’ says new Power Up coalition at COP27
More than 600 million African people go without access to electricity, and more than 900 million are without safe cooking facilities. At the COP27 climate summit now happening in Egypt, Power Up – a new campaign with over 45 member organisations, is amplifying marginalised African voices in pursuit of funding for green affordable energy, particularly for frontline organisations powering […]
Across the continent, countries in Africa are gearing up for the energy transition by implementing policy and legislative frameworks that take into account the energy crisis and the need for a renewable, decarbonized, decentralized energy supply that addresses climate change and the commitments made under the Paris Agreement. Ahead of the United Nations Climate Change […]
AppsFlyer, the global marketing measurement leader, has released the 2022 edition of its State of eCommerce App Marketing report. Within the report, AppsFlyer outlines key global trends, guiding marketers in building a mobile-first experience that will drive engagement and sales for the upcoming holiday season. Following the past few years of significant e-commerce growth resulting […]
False Codling Moth (FCM), also known as Thaumatotibia leucotreta is currently causing havoc in various chilli farms in Kenya, eating into the farmers’ profits [1]. It has also emerged as a major constraint to the production of horticultural crops in the country and is currently the leading cause of interceptions of Capsicum and cut flowers […]
Business, Kenya News
Hospitality And Tourism Sectors Most Optimistic In The Latest Kepsa Ceo Confidence Index
The Kenya Private Sector Alliance (KEPSA) introduced the CEOs Business Confidence Index Report 2022 showing that most business executives expect a stable economy after elections, to support higher industry business growth. With the current CEOs Business Confidence Index standing at 61 points overall, the business executives also expressed optimism to hire additional full-time employees in […]
By Virusha Subban, Partner specialising in Customs and Trade, Head of Tax, Baker McKenzie Johannesburg The United States-Kenya Strategic Trade and Investment Partnership (STIP) was signed on 14 July 2022. The agreement outlines the enhanced engagement and high standard of commitment between the two countries, and focuses on increased investment and sustainable and inclusive growth that will […]
By Jana Botha, VAT Consultant, Baker McKenzie Johannesburg There have been significant developments in indirect tax within Sub-Saharan Africa (SSA) in the past year. The vast majority of developments have been based around VAT amendments and policies, as well as general budget updates for 2022 across SSA. This article includes key developments from Ghana, Kenya, […]
Kenya has a long and generally successful track record of private sector participation in the energy sector. Like other African countries, affected by climate change, Kenya also experienced abnormally high rainfall, resulting in flooding that threatens food security in five counties. Tana River, Kisumu, Busia, Homa Bay and Migori counties are now depending on humanitarian […]
Agriculture, Kenya News
Collaboration, Not Competition: The Role of Peer-Learning in a Circular Economy
A group of smallholder farmers from Kericho paid a visit to their counterparts in Meru at the instigation of their local farmers’ association. That was some five years ago. While the trip was fun and adventurous, some of them wondered why so much money and time was being ‘wasted’ yet they could be taught the […]
If you are a Forex trader in Kenya, you will probably have come across plenty of Forex brokers vying for your business. Forex brokers in Kenya are increasing in number by the day, but knowing which one to sign up with can be a daunting prospect for new traders. In this article, we provide the […]
By Lerisha Naidu, Partner, Angelo Tzarevski, Associate Director, Sphesihle Nxumalo, Associate and Zareenah Rasool, Associate, Competition & Antitrust Practice, Baker McKenzie Johannesburg Baker McKenzie’s latest Africa Competition Report 2022 provides a detailed analysis and overview of recent developments in competition law enforcement and competition policy in 32 African jurisdictions and regional bodies. The Report outlines how, over […]