As many as 1,000 Kenyans have been recruited to fight for Russia in its war against Ukraine, the leader of the East African country’s National Assembly said https://t.co/Qs835yD4EH @herbling
Koko exaggerated the amount of charcoal and firewood use displaced by its products and relied on a small survey of customers to estimate average ethanol use, says @Tomprice cc @business
The collapse of clean-cooking company Koko Networks will reverberate beyond the $300 million investors lost on what used to be one of the industry’s leading businesses. The World Bank insured them and RMB lent them money
https://t.co/iEoGzxfO59 @herbling and Laura Millan
Kenya’s debt repayments to China fell by more than a third after the conversion of dollar loans for a railway project into yuan https://t.co/Vrjjx0D6mC
FIRST | Kenya converted its railway loans from dollars to Chinese yuan, saving $215 million a year and potentially setting a precedent, @herbling reports https://t.co/f5iPe0rrP0 @BloombergAfrica
Kenya plans to issue a $1 billion debt-for-food swap with the @WFP by March as part of a strategy to bolster the nation’s finances, according to the National Treasury. @herbling https://t.co/teTg5bu4gj
Kenya’s quest to secure new funding from the IMF will likely be drawn out as both sides need to thrash out fresh reform parameters, and money may only begin flowing after 2027 elections https://t.co/AqKXnatdu5
Kenya’s sustained low inflation rate may be a sign of a struggling economy, analysts warned, casting doubt on policymakers’ contentions that slowing price growth is down to effective policy https://t.co/KQpQemD50w
Kenya is seeking realistic targets in a new program with the International Monetary Fund following deadly protests over taxes and US President Donald Trump’s trade levies https://t.co/nJjm3N5Eje
Kenya renews a contract to purchase fuel on credit from three state-owned Gulf firms by 24 months and renegotiated lower margins https://t.co/sQOxQLbDnk
A slowing economy, bribery allegations against Adani and strained relations with Canada —here's a look back at Modi's year of setbacks and what comes next as Trump takes charge https://t.co/T0Ly8LSaLo
Africa is home to some of the world's most exciting startups — and we want to shine a spotlight on them.
Bloomberg is launching our first ever Africa Startups to Watch, here's what you need to know: https://t.co/94Evs6xcPe
In Nairobi, urban flooding is made worse by piles of garbage that block drains. Residents hope that trash-eating flies can help https://t.co/kExpmMyWju
Kenya needs about $26 billion to pay off foreign debts and there are fewer options to raise that after tax hike plans were abandoned following deadly protests, say analysts https://t.co/Yy0oPBu0pO via @bpolitics@herbling
The chaos on the streets of Nairobi this week highlights the risky bet the Biden administration has made on the Kenyan leader William Ruto, orchestrated largely by US Ambassador Meg Whitman. https://t.co/YApdCpA1kk
Public anger driving the deadly protests in #Kenya this week over President William Ruto’s new taxes is also aimed at the #IMF, echoing decades of criticism directed at the global lender.
Story with @mattstephenhill@herbling@RamseyAlRikabi@sdonnan
https://t.co/w9Yf0bWGQ9
"I concede." #Kenya's President #Ruto scraps planned tax hikes after deadly protests that saw the parliament set on fire yesterday.
https://t.co/ZBmdiiyoqO @HelenNyambura@herbling