Oil stocks in US Strategic Petroleum Reserve fall by 5.5 million to lowest level since 1983
Stocks of crude oil in the US Strategic Petroleum Reserve fell by 5.5 million barrels to 325.7 million barrels, the lowest level since May 1983, according to data from the Department of Energy. The drawdowns are a part of a US agreement to release 172 million barrels from the facility...
Landlocked Rwanda says it has added Kenya to its oil import alternative routes to ensure steady flows and predictability
Landlocked Rwanda imports all its petroleum products overland through two main ports, Dar as Salaam in Tanzania and Mombasa in Kenya.
Kenya Development Corporation publishes new financing strategies to ease access to credit, support business
KDC Director General Norah Ratemo said the corporation had introduced several measures to address challenges faced by investors and improve customer experience.
Trump administration allows Anthropic to grant access to its most advanced AI model to select US firms and state agencies
The US government has eased the restrictions it imposed on Anthropic’s most advanced AI model, Claude Mythos 5, allowing the company to grant access to more than 100 US organisations, including large corporations and government agencies. In a letter to Anthropic’s co-founder and chief compute officer Tom Brown obtained by...
Race to AI dominance: China outpaces US, builds world’s fastest supercomputer claim top spot in TOP500 ranking
With a power consumption of approximately 42.2 megawatts, the Chinese supercomputer delivers 2,198 exaflops – meaning it can perform more than two quintillion operations per second.
While Kenya’s economy is progressively attractive to African banks, high public debt and non-performing loan volumes scare investors
Nedbank agreed earlier this year to acquire a majority stake in Kenya’s NCBA as part of its regional expansion, beating South African rival Standard Bank, which operates in Kenya as Stanbic, to the prize, Kenyan banking officials said.
China’s zero-tariff policy on African agricultural exports cements centuries-old relations between the two blocs, AU chair says
Effective May 1, China has implemented a zero-tariff policy on products from 53 African countries with which it maintains diplomatic relations, an expansion from the zero-tariff treatment for 100 percent tariff lines from 33 countries in Africa with which it has diplomatic relations, including Burundi, since December 1, 2024.
Pastoralists in four northern Kenya counties land $5m from carbon credit after one-year delay over integrity, transparency issues
In 2024, the county governments of Isiolo and Samburu each received Ksh11 million as levies from conservancies, an increase from Ksh9 million in 2022.
Chief architect of lab manufacture of Covid risks perjury charges as Senate Homeland Security Committee issues subpoena to testify
In an interview with Semafor, Paul said he will also ask Fauci about the destruction of federal records and about the pre-emptive pardon former President Joe Biden granted him last year. The pardon shields Fauci from federal prosecution for his official acts dating back to 2014.
Ministry tells world Connecting Codes Conference in Nairobi Kenya places emphasis on ethical use of Artificial Intelligence
Representing the Cabinet Secretary for Gender, Culture and Children Services, Principal Secretary for Department of Culture, Arts and Heritage Ummi Bashir, reaffirmed the government’s commitment to inclusive digital transformation.
