Konza Smart City in Kenya being positioned as Africa’s hub for technology and innovation
the Technopolis is projected to generate thousands of jobs, host research and innovation centres and serve as a regional hub for digital trade, business process outsourcing, and conferences. Often referred to as Africa’s Silicon Savannah, the Technopolis is a Vision 2030 flagship project designed to anchor Kenya’s transition into knowledge-based economy.
Kenya and Uganda revisit urgency of standard gauge railway during trade talks
The MOU also include extension of the standard gauge railway to Malaba, removing quotas and duties on goods originating in the two countries such as poultry and poultry products, dairy and dairy products, sugar, juices, pishori rice and furniture.
Kenya-Iran seventh joint economic forum resolves to ramp up trade to over $1 billion
The annual target rise from the current $150 million is aimed at deepening economic ties with both sides setting a target to boost their annual trade, according to the Iranian minister.
Kenya, Tanzania put aside occasional trade and political tiffs to launch terrestrial fibre link
The initiative, implemented through the partnership between Kenya’s ICT Authority (ICTA) and Tanzania Telecommunications Corporation (TTLC) is expected to boost economic integration, e-governance and access to digital services across the East African Community.
KARLO invests in rice ratoon technology to push up Kenya’s output from current 183,000 tonnes per year
The director noted that KALRO has produced high yielding varieties of rice that are drought tolerant and that with some of the varieties, farmers are able to do direct seeding, while for others they are able to do a ratoon, where immediately they harvest the first crop of rice they only need to add fertilizer and harvest the second time from the ratoon.
Kenya’s trade minister says Nairobi is engaging Trump regime to renew AGOA treaty
The current agreement, which provides duty-free access to the US market for Kenyan exports, is set to expire in September this year.
World financial markets jittery as investors are jolted by US job cut reports as recession looms
A report on Friday showing hiring by US employers slowed last month by much more than expected followed weak reports on manufacturing and construction and stoked fears the US economy was finally bending under the pressure of high interest rates. Investors worldwide sold stocks and moved to the safety of bonds, pushing bond yields sharply lower.
