US expands military base in Kenya to boost regional security

The United States has initiated a $70-million runway expansion project at Kenya's Manda Bay military base, located near the Somali border. This development aims to bolster counter-terrorism efforts in the Horn of Africa.

Mogo secures Sh800m from I&M Bank, Ecobank for SME lending

Mogo Kenya has secured Sh800 million in local debt from I&M Bank and Ecobank, earmarked for expanding lending to small and micro enterprises, especially in the boda boda and informal transport sectors. This funding, alongside a new bond programme, aims to deepen credit access for entrepreneurs relying on productive assets.

Kenya loses billions annually to illegal fishing activities

New legislation in green financing a boost for Kenya's agricultural exports

Kenya is implementing new green financing legislation to boost its agricultural sector and enhance export opportunities, particularly amid global trade realignments. These policies aim to support sustainable agriculture and open new markets for Kenyan produce.

Boost as Kenya Secures a Ksh1.9 Billion Oil Rig From UAE

Kenya has taken a significant step towards commercial oil production in the South Lokichar Basin after Gulf Energy E&P BV secured an onshore drilling rig from the United Arab Emirates (UAE). The GW70 rig, worth Ksh1.9 billion, is set to arrive before June, with drilling slated to begin in early July, boosting the government's aim for first oil delivery by year-end.