China Upgrades East Africa’S Major Airport
Africa-Press - Kenya. Kenya has selected a major Chinese construction company to carry out a $2.9 billion expansion project for its main...
China Turns to African Oil after Iran Ban
Africa-Press - Kenya. The petrochemical company Hengli, one of the largest independent refining companies in China, has begun shifting towards purchasing oil...
East Africa Budgets Face War and Debt Pressure
Africa-Press - Kenya. The governments of Kenya, Uganda, and Tanzania have presented their budgets for the fiscal year 2026-2027 amid increasing economic...
€102M Investment Deal between Kenya and EU
Africa-Press - Kenya. Kenya has announced a fruitful digital partnership with the European Union, involving new investments worth 102 million euros, approximately...
South Africa Private Sector Shrinks
Africa-Press - Kenya. Data from the Purchasing Managers' Index (PMI) indicated that private sector activity in South Africa contracted in May 2026...
Africa Growth Stays Resilient Amid Global Turmoil
Africa-Press - Kenya. African economies are expected to grow by 4.2% in 2026, a slight decrease from the 4.4% recorded in 2025,...
India Buys Oil from West Africa
Africa-Press - Kenya. India has purchased approximately 5 million barrels of crude oil from West Africa and the Middle East through a...
Iran War could Push Oil to $150 a Barrel
Africa-Press - Kenya. Bilal Shaib, an economic expert, confirmed that the American war on Iran is exacerbating existing crises such as the...
Bankers Association Oppose KRA Plan to Charge VAT on Repossessed Goods
The Kenya Bankers Association has raised an alarm over a possible higher cost of loans for Kenyans if the Kenya Revenue Authority is allowed...
EPRA Begins New Electricity Tariff Review for 2026–2029 Period
The Energy and Petroleum Regulatory Authority (EPRA) has announced a public consultation drive for a proposed electricity retail tariff application that will determine how...