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HomeDaily NewsFriday, August 8, 2025Kenya's Economic and Trade Initiatives - August 2025
Business & Economy3 stories from 1 sources

Kenya's Economic and Trade Initiatives - August 2025

Kenya will host the 25th East African Community (EAC) Micro, Small and Medium Enterprises (MSME) Trade Fair in Nairobi from November 1 to 10. A National Organizing Committee has been launched to prepare for this annual event, which aims to strengthen regional trade ties and improve market access for small businesses. Complementing these efforts, the M-PESA Sokoni caravan concluded its county-wide tour of Nairobi, showcasing how digital finance is transforming the region and empowering local businesses by democratizing financial tools. Furthermore, a new Bill submitted to the National Assembly proposes the creation of a Privatization Authority to manage the privatization of state entities in Kenya, indicating a push towards more structured economic reforms.

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Friday 6:27 PMCapital Business

M-PESA Sokoni Nairobi: Uniting Ambition and Digital Opportunity

M-PESA Sokoni Nairobi: Uniting Ambition and Digital Opportunity

The M-PESA Sokoni caravan concluded its county-wide tour of Nairobi with a grand finale, showcasing how digital finance is transforming the region and empowering local businesses. The event highlighted M-PESA's role in democratizing financial tools, making them accessible to everyone regardless of income or location.

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Key Highlights

The M-PESA Sokoni caravan concluded its county-wide tour of Nairobi with a grand finale, showcasing how digital finance is transforming the region and empowering local businesses. The event highlighted M-PESA's role in democratizing financial tools, making them accessible to everyone regardless of income or location.

  • The finale demonstrated key M-PESA services including Lipa na M-PESA, Pochi la Biashara, Fuliza ya Biashara, and the M-PESA Super App.
  • M-PESA is presented as the "invisible partner" and "fuel" for Kenya's economy, supporting businesses from street vendors to startups.
  • The event aimed to help Nairobi residents connect, learn, and grow by leveraging M-PESA's digital tools for business growth, loans, and money management.
Friday 11:00 AMCapital BusinessFirst

Bill proposes Authority to manage privatization of state entities

Bill proposes Authority to manage privatization of state entities

A new Bill submitted to the National Assembly proposes the creation of a Privatization Authority to manage the privatization of state entities in Kenya.

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Key Highlights

A new Bill submitted to the National Assembly proposes the creation of a Privatization Authority to manage the privatization of state entities in Kenya.

  • The 2025 Privatization Bill grants the proposed Authority powers to advise the state, sign contracts, and handle divestiture plans.
  • The Authority's Board will include a chairperson appointed by the President, the Principal Secretary, the Attorney-General, the Managing Director, and six other members appointed by the Cabinet Secretary.
  • The Bill requires the Cabinet Secretary to formulate a Privatization Programme, which must be approved by the Cabinet and either approved or rejected by the National Assembly.
Friday 11:48 AMCapital Business

Kenya to host 25th EAC MSME Trade Fair in November

Kenya to host 25th EAC MSME Trade Fair in November

Kenya will host the 25th East African Community (EAC) Micro, Small and Medium Enterprises (MSME) Trade Fair in Nairobi from November 1 to 10. A National Organizing Committee has been launched to prepare for the annual event, which aims to strengthen regional trade ties and improve market access for small businesses.

Read Story

Key Highlights

Kenya will host the 25th East African Community (EAC) Micro, Small and Medium Enterprises (MSME) Trade Fair in Nairobi from November 1 to 10. A National Organizing Committee has been launched to prepare for the annual event, which aims to strengthen regional trade ties and improve market access for small businesses.

  • The fair is expected to attract over 1,000 MSMEs from across the EAC in sectors like agribusiness, manufacturing, and services.
  • The launch of the committee was led by Cooperatives and MSME Development Cabinet Secretary Dr. Wycliffe Oparanya and Principal Secretary Susan Mangeni.
  • The Micro and Small Enterprises Authority (MSEA) is leading the organizing efforts, which will include exhibitions, investment forums, and training sessions.
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