The Danish Chamber of Commerce (DCC) and the Kenya Private Sector Alliance (KEPSA) have signed a strategic cooperation agreement to boost trade and investment between Denmark and East Africa, positioning Kenya as a key business hub.

• The agreement aims to enhance market access for Danish companies through policy engagement, networking, and local partnerships, facilitating deeper trade and investment across East Africa.
• Key figures involved include KEPSA Chief Executive Officer Carole Kariuki and DCC Vice-President Jakob Ellemann-Jensen.
• This collaboration aligns with Denmark's goal to diversify international operations and strengthen its presence in emerging markets, while Kenya seeks to attract investment in sectors like renewable energy, logistics, and digital services.

A Kenyan court has dismissed an application by Bia Tosha Distributors Limited to block the sale of Diageo's 65 per cent stake in East African Breweries Limited (EABL) to Japan's Asahi Group Holdings for Sh305 billion.

• The High Court ruled that Bia Tosha could not seek similar conservatory orders in the High Court after having approached the Court of Appeal.
• Diageo, a multinational headquartered in the United Kingdom, is proceeding with the sale as part of its turnaround strategy.
• The transaction is expected to generate approximately Sh42 billion in capital gains tax for the Kenyan Treasury.