China’s Shenzhen investment group targets 400 million consumers in COMESA bloc as it sets base in Kenya
Kenya is emerging manufacturing zones ranging from Export Processing Zones (EPZs) in Athi River to Special Economic Zones (SEZs) in Dongo Kundu, Eldoret and Naivasha, are set to benefit from such collaborations, especially as the country seeks to raise its manufacturing contribution to GDP from 7.6 per cent to 20 per cent by 2030.
As Africa pioneers non-dollar payments systems, Trump responds with threat to impose stiff tariffs
The move by Africa to create payments systems that do not rely on the greenback mirrors a push by China to develop financial systems independent of Western institutions. Countries like Russia, which face economic sanctions, are also keen for an alternative to the dollar.
Cooperatives minister spells out plans on how Kenya intends to recover from decades-old coffee production slump
Since coffee farming was introduction in Kenya in the 1890s, its production grew so fast to become a major cash crop, and hit the peak in the 1970s and 1980s. However, the industry faced challenges, including market volatility, policy changes and environmental issues,.
