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Kenya's coffee exports to the United States have doubled following the renewal of the African Growth and Opportunity Act (AGOA). The Capital Markets Authority (CMA) has licensed three new fund managers, aiming to expand Kenya's asset management industry and deepen its capital markets. The Kenyan government is set to introduce a Deposits Guarantee Fund aimed at protecting the savings of members in SACCOs, seeking to bolster confidence in the financial cooperative sector.
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