KISUMU, Kenya, September 20th –The African Export-Import Bank (Afreximbank), in partnership with the National Bank of Rwanda (BNR), will convene the 2025 Afreximbank Compliance Forum (ACF2025) in Kigali from 12–14 November 2025. Themed “Better Compliance – Better Trade: Embracing AI to Promote and Secure Trade Through a Modern Compliance Framework, the forum seeks to leverage…
WASHINGTON DC, US, September 19th –Decline in private lending offsets increase in public borrowing; notable differences persist across countries and income groups. Global debt has stabilised, though it remains at an elevated level, as a continued reduction in private-sector lending offset greater borrowing by governments. Total debt was little changed last year, just above 235…
KISUMU, Kenya, September –Sun King Kenya has opened its first Customer Experience Centre in the lakeside city of Kisumu. The facility is expected to bring clean, reliable energy solutions closer to customers living in the greater Western Kenya. The centre is Sun King’s second Customer Experience Centre in Kenya, complementing its nationwide network of 163…
KISUMU, Kenya, September-As electricity prices continue to soar and economic pressures tighten across the country, thousands of Kenyan households are embracing alternative energy sources to power their homes, cook, and meet it’s other demands. From solar to LPG and energy-saving stoves, which are more affordable, many are shifting to the off-grid solar power technology as…
KISUMU, Kenya, September 15th –Kisumu County Small Business Owners have voiced strong opposition to the Tobacco Control (Amendment) Bill of 2024, currently up for discussion in the Senate, expressing concerns over excessive regulations affecting their industry. Sponsored by nominated Senator Catherine Mumma, the Bill aims to impose stricter controls on the production, sale, advertisement, and…
KISUMU, Kenya August 5th -Kisumu Governor Anyang’ Nyong’o has called on urban regions to start bracing for the ever-increasing threat of rural-urban migration. The governor, at the same time, vouched for urgent and strategic planning to ensure sustainable urban development in response to the increasing migration from rural areas to capitals. Speaking in Kisumu during…
The Cabinet Secretary for Investment, Trade and Industry, (CS) Lee Kinyanjui, has urged local sugarcane farmers to upscale growing to reduce imports, and to purposely sustain the local industries without frequent closures. This arises from a shortage of about 400,000 metric tonnes that the country is currently experiencing, thus exacerbating a lack of raw sugar…
KISUMU, Kenya, August 28th-In a continent long dogged by the limitations of external credit rating systems, a series of recent developments is beginning to shift the narrative—and possibly the balance of power. The affirmation of African Export-Import Bank’s (Afreximbank) A-credit rating with a stable outlook by the Japan Credit Rating Agency (JCR) is being hailed…
KISUMU, Kenya August 25th –Kisumu security agencies earlier today moved swiftly to convene a high-profile meeting to bring peace, law and order among warring factions who were involved in revenge clashes in Kisumu over the weekend. It brought together Kisumu County Boda Boda operators, members of the civil society organisation (CSOs)and security chiefs from the…
KISUMU, Kenya August 19th –The textile technology institute manager at the Sh1.2 billion factory at the Kisumu National Polytechnic, Mr Peter Mugo, has revealed that they are in talks with non-profit making organisations in Western Kenya on how to secure raw materials ahead of its anticipated opening and operations. Mr Mugo said they are also…