Kenya financing
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IMF Executive Board Completes First Reviews of Kenya’s Expanded EFF and CEF Agreement
The IMF Executive Board today completed the first reviews of the EFF / ECF arrangements with Kenya, allowing total immediate disbursement equivalent to US $ 407 ... -
500,000 African farmers are on the verge of acquiring “sensorless” water-saving irrigation systems
3 Min reading Israeli smart agriculture start-up SupPlant raised $ 10 million in a funding round. The funds will help the company accelerate its R&D and ... -
How to best support and protect young children during COVID-19? Some lessons learned
Young children and their families have been particularly vulnerable during the COVID-19 crisis. A survey of caregivers during COVID-19 in Pakistan found that the emotional well-being ... -
UN hosts 2021 Global Compact Leaders’ Summit to discuss global issues
UN Secretary-General António Guterres, Heads of State and dozens of UN CEOs and Chiefs gathered this year United Nations Global Compact Leaders Summit to tackle global ... -
ALYI Releases EV Rideshare Update with Highlights from IQST, UN, and Revolt Tokens | Texas
DALLAS, June 18, 2021 / PRNewswire / – Alternet Systems, Inc. (USOTC: ALYI) today released a management update after conducting a scheduled review of its electric ... -
World Bank supports recovery and resilience of Rwandan businesses affected by COVID-19
To strengthen Kenya’s resilient, inclusive and green economic recovery from the COVID-19 crisis, the World Bank has approved $ 750 million in development policy finance to ... -
Here’s why South Africa is embracing cryptocurrencies
South Africa’s capital market and financial regulators are forecasting growth in crypto investment nationwide, leading the country to formally pass crypto investment and trading laws. This ... -
Advance Gold announces private placement financing
Kamloops, British Columbia – (Newsfile Corp. – June 16, 2021) – Advance Gold Corp. (TSXV: AAX) (âAdvance Goldâ or âthe Companyâ) announces that, subject to the ... -
Biometric registration campaign in Kenya for health insurance scheme
A mass biometric registration campaign in Kenya to enroll citizens in a health insurance scheme in Nyeri County recently ended as authorities hope to register more ... -
G7 development finance institutions and partners to invest Ksh. 8.62 trillion in African companies
G7 DFIs, IFC, EBRD and European Investment Bank (EIB) have committed to invest Ksh. 8.62 trillion ($ 80 billion) in the private sector over the next ... -
CoG warns of total closure of counties due to delay in Treasury funds »Capital News
NAIROBI, Kenya June 13 – Governors have warned that counties will be forced to close by June 24 if the National Treasury fails to disburse the ... -
Chris Diaz: Opinion and budget forecast
Chris Diaz, EABC director and Africa brand administrator. If the budget was a boxing match and I was the judge, I would give Treasury Cabinet Secretary ... -
A hidden key to the infrastructural ambitions of the G7: Blue Dot Network
A worker guides gas cylinders lifted by a crane on a bridge under construction in Port-au-Prince, Haiti, November 13, 2018. Photo via REUTERS / Andres Martinez ... -
World Bank loans increase by 304 billion shillings in coronavirus year
Treasury and Planning CS Ukur Yatani on his way to present the 2021-2022 budget to the Parliament Buildings on June 10, 2021. [Jonah Onyango, Standard] The ... -
Kenya: logistics company riddled with debt, several carriers consider liquidation
For the second time in two years, one of Africa’s largest logistics companies is dying as it slips into administration after defaulting on bank loans. NCBA ... -
[WATCH] 3 of the 7 Blockchain startups that will win the UNICEF 2021 Innovation CryptoFund are African
The UNICEF Innovation Fund has announced the 7 new startups for the first cohort of its UNICEF CryptoFund, of which 3 are from Africa. The Fund ... -
What it takes to start a pharmacy business in Kenya
Analyze the population of your target site. Running a pharmacy is now a lucrative business. Janell Karanja, laboratory technician and entrepreneur who graduated from Kenyatta University ... -
Ghana’s electricity supply mix has improved, but reliability and cost remain a challenge
Ghana has made significant progress over the past 10 years in increasing electricity production and access. This supported higher levels of economic growth. However, beneath these ... -
United Arab Emirates in Kenya to strengthen economic and trade cooperation
Officials from Etihad Credit Insurance and the Kenya National Chamber of Commerce and Industry after the signing of the MoU. Etihad Credit Insurance (ECI), the Federal ... -
Kenya, EAC sued over $ 2.34 billion IMF loan
By LUKE ANAMI Kenya’s Attorney General Kihara Kariuki and EAC Secretary General Peter Mathuki were named first and second defendants respectively in a case filed by ... -
UAE solar startup Pawame secures $ 2.5 million in funding
UAE-based off-grid solar power startup Pawame has secured $ 2.5 million in grants and equity, with plans for a $ 5 million first round of funding ... -
New partnership to boost rural electrification in Kenya
Image credit: Stock Social Investment Managers and Advisors (SIMA) and Renewvia Energy Corporation, a global solar developer, announced their partnership to electrify rural Kenya communities underserved ... -
Ksh 160B government plan to connect eastern and western Kenya
Transport CS James Macharia revealed plans for the Rironi-Nakuru-Mau summit highway during a stakeholder engagement workshop on June 3, 2021. The ministry’s multibillion-dollar plan for the ... -
$ 1 million commitment from the SIMA fund to electrify communities in Kenya
Featured Image: 123rf.com Social Investment Managers and Advisors (SIMA) and Renewvia Energy Corporation, a global solar developer, announced their partnership to electrify rural Kenya communities underserved ... -
Equity Bank wins top prizes at this year’s Banking Awards – KBC
Equity Bank Kenya received 22 accolades at Think Business’s 2021 Banking Awards, further consolidating the bank’s position as the premier bank in Kenya. For the 10th ... -
Kenya: Equity named best bank in Kenya by Think Business
Nairobi – Equity Bank Kenya received 22 accolades at Think Business’s 2021 Banking Awards, further consolidating the bank’s position as Kenya’s premier bank. For the 10th ... -
Think Business names Equity “Best Global Bank” for 10th consecutive year
Equity Bank Kenya received 22 accolades at Think Business’s 2021 Banking Awards, further consolidating the bank’s position as the premier bank in Kenya. For the 10e ... -
Kenya plans over $ 900 million in World Bank and IMF loans for economic recovery
Kenya expects to receive over 100 billion shillings in loans from the World Bank (WB) and the International Monetary Fund (IMF) in early June, even as ... -
China’s infrastructure projects have exacerbated Sri Lanka’s economic woes
The development of Hambantota International Port (HIP) was adopted by former Sri Lankan President Mahinda Rajapaksa, the older brother of the outgoing operator, to boost the ... -
Norwegian wealth fund unlikely to replicate same high returns, CEO says
TipRanks 3 Strong Buy stocks with 100% upside potential Every stock investor wants a high return; it’s axiomatic, which is why people go public to begin ... -
Ensuring accountability through transparency in public spending in the health sector
Muhammad Zamir | Published: May 30, 2021 8:59:58 PM Governments around the world are playing a crucial role in providing lifelines for people and businesses to ... -
Centamin PLC, Polymetal International PLC, Eurasia Mining PLC …
(LON: CEY,) said it would begin a pre-feasibility study on its Doropo project and undertake an additional exploration program on its ABC project, both in Côte ... -
Uganda Airlines: outsourced management is a winning formula
By MATSIKO KAHUNGA âA bittersweet experienceâ¦â is how mzee Mashurubu reacts to the current âstormâ brewing within Uganda Airlines, our relaunched national carrier. In its analysis, ... -
We do not intend to deploy crypto services in the absence of a regulatory framework, says CEO of Kenyan bank
The CEO of M Oriental Bank, a fully licensed 20-year-old Kenyan bank, Mr. Alakh Kohli, said the bank has no plans to offer digital currency services ... -
15.5 billion shillings is the price of the clearing medium for the Nairobi highway
Economy 15.5 billion shillings is the price of the clearing medium for the Nairobi highway Thursday, May 27, 2021 A pedestrian walkway at South C’s Bellevue. ... -
Remittances to Kenya resist COVID-19 – CAJ News Africa
of MARIA MACHARIA in Nairobi, KenyaNAIROBI, (CAJ News) – DISCOUNTS in Kenya’s diaspora defied the odds presented by the coronavirus (COVID-19). This increase comes despite the ... -
Achieve universal access to water, sanitation and hygiene (WASH) within reach
âIt is crucial to report on the progress made, the challenges that remain and the impact of COVID-19 on the WASH sector,â said Ambassador Mark Green, ... -
How to resolve conflicts in family businesses
Personal finance How to resolve conflicts in family businesses Tuesday 25 May 2021 By NDIRANGU NGUNJIRIMore from this author summary In recent years, Kenya has experienced ... -
financial stability presents a potential risk to the economy
TipRanks Goldman Sachs: these 3 stocks are about to climb more than 100% Markets are in the throes of volatility, with unpredictable swings making recent sessions ... -
Subsidy reduction signals costly electrical connection costs
Economy Subsidy reduction signals costly electrical connection costs Monday, May 24, 2021 Kenya Power workers during maintenance of live lines. FILE PHOTO | NMG By JOHN ... -
Twitch Adds Over 350 Tags To Help Make Streams More Inclusive
InvestorPlace As Bitcoin prices slide below $ 40,000, should you buy down or sell? As Bitcoin prices (CCC: BTC-USD) collapsed this week, crypto investors are looking ... -
Why Tanzania needs to feed startups to end unemployment
By Josephine Christopher Dar es Salaam. Tanzanians are increasingly engaging in entrepreneurial activities seeking to improve their financial fortunes and thereby build the country’s economy. However, ... -
KCB receives United Nations Green Climate Fund as premier financial intermediary
KCB Bank Kenya has been accredited by the United Nations Green Climate Fund as the premier financial intermediary for the implementation of green finance in East ... -
WSGF Highlights Cryptocurrency Component of New Vaycaychella App to Improve Access to Financing for $ 1.6 Trillion Vacation Rental Property Purchase in Travel Industry
The Vaycaychella app allows buyers to create a profile to showcase their own talent and experience in addition to showcasing the property’s potential to generate income. ... -
How governments can help decarbonise aviation
Decarbonizing aviation is only possible with the support of both international political leadership and public-private collaboration. Cabinet ministers from five countries yesterday launched the Group of ... -
Kenya: Women Fund to Introduce Individual Loan Products
The Women Enterprise Fund (WEF) has disbursed 21.3 billion shillings to more than 1.8 million beneficiaries nationwide. The fund is expected to introduce new individual loan ... -
Vodacom to disrupt financial services with the launch of the Vodapay application in SA
Through Dineo Faku 2h ago Share this article: ShareTweetShareShareShareE-mailShare JOHANNESBURG – VODACOM, the JSE-listed telecommunications group, is making a bold shift in e-commerce by launching a ... -
EU reassesses role of natural gas in green finance rules, says Commission, Energy News, ET EnergyWorld
BRUSSELS: The European Union’s historic rules for classifying green investments may have to incorporate natural gas, the European Commission said on Monday, as Brussels weighed in ... -
More impetus is needed for universal ICT penetration
Kashmiri boys play games on their mobile phones as they sit on the banks of a stream amid COVID-19 in Sopore, Baramulla district, Jammu and Kashmir, ... -
Kingdom launches international “ Made in Saudi ” marketing campaign
DUBAI: Like many executives around the world, Bruno Bensasson did not travel much in an airplane last year. However, one of the few flights he took ... -
Can the G7 countries create an alternative to the Chinese belt and the Chinese road?
File image courtesy of the Russian Presidential Press and Information Office Posted on May 17, 2021 2:00 AM by Brian Gicheru Kinyua Western countries have criticized ... -
Banks must tackle climate-related financial risks
Ideas and debate Banks must tackle climate-related financial risks Monday, May 17, 2021 The Governor of the Central Bank of Kenya, Patrick Njoroge. FILE PHOTO | ... -
M&A roundup and financing: solar cell maker Exeger raises $ 38 million
Exeger, the Swedish solar cell manufacturer, secured $ 38 million in funding to start building its new solar cell factory in Stockholm, Sweden. This financing round ... -
Royal Caribbean cancels new Israel cruise line amid unrest
DUBAI: Like many executives around the world, Bruno Bensasson did not travel much in an airplane last year. However, one of the few flights he took ... -
UAE’s FDI inflows climb 44% in 2020
DUBAI: Like many executives around the world, Bruno Bensasson did not travel much in an airplane last year. However, one of the few flights he took ... -
Massive Saudi Arabian Presence at ATM Travel Show in Dubai
DUBAI: Like many executives around the world, Bruno Bensasson did not travel much in an airplane last year. However, one of the few flights he took ... -
Survey shows Saudi entrepreneurs are ‘most optimistic in the world’
DUBAI: Like many executives around the world, Bruno Bensasson did not travel much in an airplane last year. However, one of the few flights he took ... -
A solution for Rwandan entrepreneurs?
The comments included a proposal on how financing for small businesses in Rwanda and Africa can be improved by Fadzayi Musanhu, director of Market Intelligence Africa ... -
Devex Newswire: Brazil vaccine race could turn into a business
Subscribe to Devex Newswire today. This is a preview of NewswireSign up for this newsletter for a sneak peek of the biggest stories in global development, ... -
African heads of state ready for the Paris summit on May 18 on Covid and economic recovery
A dozen African leaders, several European leaders and a dozen heads of international organizations will be received Tuesday by French President Emmanuel Macron for a summit ... -
Tackling malnutrition: improving food and health systems
Fighting malnutrition: improving food and health systems. Watch the full recording. Experts from Southeast Asia, Kenya and the United States discussed the impact of COVID-19 on ... -
Crowdfunding is a key source of revenue for expansion
Chroniclers Crowdfunding is a key source of revenue for expansion Friday May 14, 2021 By VIOLA KILELMore from this author summary As businesses, small and medium ... -
ESG investments will fuel Africa’s post-pandemic recovery
Over the past year, the Covid-19 pandemic has anchored the growth of Africa’s developing economies, says Simon Rankin. However, pandemic mitigation, aided by the global vaccine ... -
Public debt relief helps cut Kenya payments by 78 billion shillings
Economy Public debt relief helps cut Kenya payments by 78 billion shillings Thursday May 13, 2021 Treasury official Haron Sirima. FILE PHOTO | NMG By CONSTANT ...