China's economic growth slowed significantly in the second quarter, falling short of its annual target due to weak domestic demand and the impact of the Iran war on oil prices, despite strong exports.

• The economy grew by 4.3% in the second quarter, below Beijing's target of 4.5%-5%.
• China's National Bureau of Statistics reported the slowdown, citing "external instability and uncertainty factors" and an imbalance between strong supply and weak domestic demand.
• Despite the slowdown, China's exports jumped by 27% in June, boosted by global demand for semiconductors and electric vehicles.

Kenya's foreign exchange reserves are set to significantly increase following the government's sale of its Safaricom stake, boosting the country's import cover.

• Forex reserves are expected to reach approximately Sh2.1 trillion (nearly $16 billion), representing about seven months of import cover.
• The Central Bank of Kenya (CBK) and National Treasury Cabinet Secretary John Mbadi are key figures in managing and announcing these financial developments.
• The government's sale of a 15 percent stake in Safaricom to South Africa's Vodacom Group is the catalyst for these inflows.

Kenya is gearing up to attract an estimated $5 billion (Sh646 billion) in investments by 2028 through the establishment of a planned carbon exchange and enhanced carbon trading regulations.

• The target investment figure is $5 billion (Sh646 billion) by 2028.
• The initiative is led by the Nairobi International Financial Centre (NIFC), in collaboration with the Capital Markets Authority (CMA), Nairobi Securities Exchange (NSE), and the Central Bank of Kenya (CBK).
• The exchange aims to provide a regulated market for carbon credits, building on the recently launched National Carbon Registry, to boost transparency and investor confidence.