Diaspora Remittance up by 7.3%
Source: Wall Street Kenya Foreign remittances are a key source of income for many low-income households in Kenya. Kenyans living abroad sent home $278.4 million in January 2021, a 7.3% improvement from the $259.4 million sent in January 2020, according to data from the Central Bank of Kenya (CBK). Despite predictions of a decline in foreign remittances More...
UK-Kenya Trade Agreement May Threaten Regional Integration
Source: Maritime Executive. The United Kingdom (UK) parliament has warned that the British government’s new bilateral trade agreement with Kenya could undermine the East Africa Community (EAC) regional integration More...
Funeral fist-fight between Kenyan MPs
Two Kenyan MPs have exchanged blows at a funeral after one of them insinuated that the other was corrupt. “We have several leaders here in the company of our deputy president who have a tainted life. More...
Telcos are the new banks’ – Safaricom Plc sets eyes on Kenya’s Money Market
Safaricom Plc, Kenya’s leading mobile firm, is looking for partnerships with fund managers and investment banks as it seeks to become a fully-fledged financial services provider. “Safaricom Plc is in negotiations More...
U.S. charges Kenyan militant with researching 9/11-style airplane hijacking
Reuters: U.S. prosecutors said on Wednesday they had charged a Kenya-born militant with terrorism-related offenses, including conspiring to hijack aircraft for a 9/11-style attack on an American target on behalf More...
Virtual Jamhuri Day 2020 Celebrations for Kenyans in the Diaspora -London/Rome/Paris
Kenyans in cities across the world joined online platforms to celebrate 57th Jamhuri Day. In London the virtual celebrations, first of kind were led by H.E Manoah Isipisu, Kenya’s High Commissioner to the More...
Kenya’s ice cream, chocolate maker Glacier Products clinches investment from EXEO Capital
KENYA – Glacier Products Ltd, one of Eastern Africa’s leading ice cream and chocolate confectionery manufacturers operating from Kenya has received an undisclosed amount of investment from EXEO Capital, a More...
Kenya – Cautious optimism as the country opens up after months of partial lockdown
Reuters – Kenya’s President Uhuru Kenyatta announced on Monday a phased reopening of the country from a COVID-19 lockdown, lifting restrictions on travel in and out of the capital Nairobi and allowing air More...
Financing Africa – The role of Africa Diaspora Remittance and Diaspora Savings
Financing Africa’s public and private sector projects has always been an expensive business, the outbreak of COVID 19 adds further strain to Africa’s access to finance in an already stretched environment. More...
Kenya Society mourns long standing Member – Wangula Khasiani
Kenya community in the UK and Kenya Society are mourning the death of Mr Wangula Khasiani, who passed away in a London Hospital . He had been undergoing treatment for COVID 19. Our deepest sympathy, thoughts and More...
