Kenyan Banks Agree to Lower Lending Rates After Pressure from Central Bank Directive
Africa-Press - Kenya. Just two days after the Central Bank of Kenya (CBK) issued a directive urging banks to lower their lending rates, banks...
Thousands Gather in Rabat to Boost Investment in Africa
Africa-Press - Kenya. More than 2,300 project sponsors, financiers, business leaders, government officials and other key stakeholders, have gathered in Rabat, capital city of...
2024 Africa Investment Forum attracts US$29,2 billion
Africa-Press - Kenya. THE three-day 2024 Africa Investment Forum (AIF) Market Days closed in Rabat, Morocco, on Friday, with 37 investment projects presented attracting...
Oparanya Orders Direct Payment to Coffee Farmers as Part of 10 Key Changes
Africa-Press - Kenya. The government has ordered that starting next year, all coffee farmers will receive their earnings directly from the Nairobi Coffee Exchange.
This...
Africa Leverages Partnerships to Scale Development Investments
Africa-Press - Kenya. The Founding Partners of the Africa Investment Forum (AIF) market days are deepening collaborations to scale up investments to meet the...
Vegetable oil prices push FAO Food Price Index to 19-month high
Africa-Press - Kenya. Global food prices inched higher in November as surging vegetable oil and dairy costs pushed the UN Food and Agriculture Organization...
Firms in Kenya record fastest growth in sales in six months – PMI
Africa-Press - Kenya. An export processing zone /HANDOUT Kenyan firms saw a greater improvement in business conditions midway through the final quarter of 2024...
Traders want EAC states to cut cross-border fees
Africa-Press - Kenya. Trucks along the Kenya Tanzania border of Namanga /FILE Multiple fees charged by various cross-border regulatory bodies are hurting traders in...
Russian businessmen intend to open a Russian trading house in Kenya
Africa-Press - Kenya. Russian businessmen are ready to supply agricultural products and wines to Kenya, there are plans to open a Russian trading house...
Oil prices drop following OPEC+ extension of supply cuts
Africa-Press - Kenya. Oil prices declined on Friday following the decision by the OPEC+ group, which consists of the Organization of the Petroleum Exporting...