Kenya Commits Sh142 Billion to Blue Economy as Ruto Pushes for Ocean Investment and Sustainability
“Kenya alone has made 40 commitments valued at $1.1 billion in support of our blue economy,” President Ruto said.
Category: Business
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Government Turns to Public-Private Partnerships to Fast-Track Kenya’s Industrial Growth
The government has intensified efforts to accelerate Kenya’s industrial transformation by placing public-private partnerships (PPPs) at the centre of its strategy to boost investment, create jobs and strengthen the country’s position as a leading economic hub in Africa. Speaking during the opening of the inaugural MNL Africa Leadership Circle 2026 in Nairobi on Thursday, Principal…
Kenya Pushes Productivity Reforms
Kenya is intensifying efforts to improve productivity in the public service, with leaders pushing for a stronger link between government spending and measurable service delivery outcomes. The discussions are taking place during the National Productivity and Performance Conference 2026, held in Nairobi and bringing together officials from the National Treasury, county governments, and the…
From Skepticism to Global Success: The Story of the Man Who Helped Open the Door for M-Pesa
Stephen Mwaura Nduati. Photo/File Today, Kenya is celebrated globally as the birthplace of mobile money, a country where millions can send, receive, save and invest money with a few taps on a mobile phone. But nearly two decades ago, the idea of moving money through a mobile handset was met with deep skepticism. At the…
Retirement Savings Reforms Offer Hope for Kenya’s Future Retirees
Kenyans in formal employment are now contributing more towards their retirement savings following the phased implementation of enhanced contribution rates under the National Social Security Fund (NSSF) Act of 2013. While the move has sparked concern among some workers who have seen a reduction in their take home pay, experts argue that the changes are…
From Abroad to the Village: How Remittances Are Transforming Lives in Rural Kenya
Professor Benjamin Muchiri, Kenya National Bureau of Statistics Director of microeconomic Statistics speaking during the launch of the 2025 Remittances Household Survey on June 16, 2026 in Nairobi Money sent home by Kenyans living abroad is increasingly becoming a vital source of support for families, helping pay for education, healthcare, food and investments while contributing…
Africa Pushes for Home-Grown Financing to Reduce Dependence on Foreign Debt
Principal Secretary for Economic Planning Boniface Makokha speaking during the launch of Africa Capital Week in Nairobi on Monday June 15, 2026. Photo courtesy/Winnie Atieno African leaders, policymakers and financial experts are increasingly calling for the continent to finance its own development by mobilizing local capital and reducing reliance on costly foreign borrowing. The discussion…
Kenyans May Enjoy Sharper Fuel Price Drop From August as Middle East Stability Raises Hope
According to the Cabinet Secretary, Kenya’s fuel pricing formula is designed in a way that creates a delay between movements in international oil markets and adjustments at local pump stations.
KCB Disburses KSh48.8 Billion in Green Loans as Sustainable Lending Surpasses Target
KCB Group Plc has reinforced its leadership in sustainable finance after disbursing KSh48.8 billion in green loans to support environmentally sustainable projects across East Africa, according to the lender’s 2025 Sustainability Report. The financing supported projects in renewable energy, sustainable agriculture, green buildings, clean transportation, water management, and climate smart investments, reflecting the bank’s growing…
Kenya to Host Major International Building and Construction Expo in Nairobi*
Industry leaders highlight sustainability, green finance, and regional collaboration ahead of June 2026 exhibition Nairobi will host Kenya’s premier international exhibition on the building and construction industry from 11th to 13th June 2026 at the Sarit Expo Centre, bringing together industry players, policymakers, investors, and development partners from across the region and beyond. Speaking during…