Category: Kenya (en)

Kenya launches five-year national trade strategy

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Blueprint aims at deepening relations with other African countries     By Bernadette Khaduli Kenya has launched the National African Continental Free Trade Area (AfCFTA) Implementation Strategy 2022-2027 to boost opportunities for industrial diversification, investment and job creation. The strategy also aims at deepening relations with other countries on the continent which has a population of over 1.3 billion people and a combined Gross Domestic Product of over $3.4 trillion. Speaking during the launch of the Strategy and unveiling of AfCFTA National Implementation Committee held at a Nairobi hotel on…

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Kenya : President Kenyatta Commissions Kisumu Railway Station

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The restoration of the rail transport in Kisumu will not only lower the cost of ferrying goods along the line but also stimulate the growth of industries President Uhuru Kenyatta on Monday commissioned the Kisumu Railway Station, expressing optimism that the rail transport will boost Kisumu’s status as an economic hub in the western region. President Kenyatta pointed out that the restoration of the rail transport in Kisumu will not only lower the cost of ferrying goods along the line but also stimulate the growth of industries that will create…

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PRESS RELEASE South African Airways and Kenya Airways Sign Codeshare agreement; Customers can enjoy seamless connections in Africa

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Nairobi, KE, 19th July 2022– Kenya Airways (KQ), Kenya’s national carrier, and South African Airways (SAA) have signed a codeshare agreement that opens more destinations for seamless travel opportunities. As demand for air travel rebounds, the code-sharing agreement will see each airline sell, under its own code, flights operated by each other; South African Airways or Kenya Airways. SAA’s customers will continue to have the ability to earn Voyager Miles on these new codeshare flights. The deal enables travelers to combine flight segments and baggage on a single ticket. Passengers…

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Kenya: African Development Bank approves $150 million for Nairobi-Nakuru-Mau Summit Highway Project

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The Board of Directors of the African Development Bank Group approved approved on July 14, 2022, in Abidjan, financing of $150 million to Kenya to support a major highway development project under the government’s First Mover Public-Private Partnership (PPP) programme. The project will see the development of the A8 and A8 South highways. The existing 175km A8 road from Rironi to Mau Summit will be transformed into a four-lane carriageway and the 57.8 km two-lane A8 South, from Rironi to Naivasha will be strengthened and maintained over a period of…

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SMALL-SCALE TRADE SET TO RISE AT KENYA- ETHIOPIA BORDER

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Small scale trade along the Kenya- Ethiopia border is poised to thrive following bilateral negotiations between the two parties to agree on a Common List of products to be traded under the COMESA Simplified Trade Regime (STR). The negotiations took place on 1st March 2022 at the Moyale border post and addressed the implementation of the STR between two countries. The STR was launched in 2010, to enable small-scale traders’ benefit from COMESA’s trade liberalization programme by simplifying and formalizing the trade. The meeting was part of the implementation of…

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KENYA : GOVT LINKS KISUMU PORT TO THE PORT OF MOMBASA WITH ROAD, RAIL

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The government has invested billions of shillings to revive and make Kisumu Port great again After three years of dereliction, Kisumu Port is slowly finding back its clout thanks to a government that’s determined to reposition the facility as a business hub for the Great Lakes region. Government Spokesman Col (Rtd) Cyrus Oguna said the port has now been linked to its ocean counterpart in Mombasa through multi-billion-shilling investments in road infrastructure and the revamped Nakuru-Kisumu Meter Gauge Railway line (MGR). Goods ferried through the Standard Gauge Railway (SGR) from…

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TANZANIA KENYA TOTAL TRADE HIT USD 905.5 MILLION

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Kenya Tanzania bilateral trade hit USD 905.5 million in 2021 for the period January –November 2021 according to the Central Bank of Kenya. This was highlighted during the EABC Trade Facilitation Forum at Namanga One-Stop Border Post. Speaking at the Forum, Mr. John Bosco Kalisa said “Kenya imports from Tanzania stood at USD 501. million and exports USD 403.9.”  He applauded President Samia Suluhu Hassan and President Uhuru Kenyatta for resolving Non-Tariff Barriers resulting in better trade ties. The Station Manager of Namanga OSBP Kenya expounded that the border clears…

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SEYCHELLES MOBILISES THE INTERNATIONAL COMMUNITY TO CONTINUE FOCUSING ON MARITIME SECURITY IN THE WESTERN INDIAN OCEAN

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The Contact Group on Piracy off the Coast of Somalia (CGPCS) held its 24th Plenary Session in Nairobi on 27 January 2022.The session was chaired by Honourable Eugene Wamalwa, Cabinet-Secretary for Defence of the Republic of Kenya. A significant milestone in the Strategic Planning Steering Group’s (SPSG) work, which Seychelles chaired, was the presentation of a report with recommendations for a change in strategic direction for the CGPCS. The Chairperson of SPSG, Mr Steve Lalande, Director-General, Regional Affairs Division of the Foreign Affairs Department, represented Seychelles at the Plenary Session…

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