Kenya is set to welcome a series of prestigious international meetings, solidifying its status as a premier destination for Meetings, Incentives, Conferences, and Exhibitions (MICE). The Cabinet, chaired by President William Ruto, has approved the hosting of the Blueinvest Africa Forum in July 2024 and the World Congress of the International Union of Forest Research Organization (IUFRO) in August 2024.
Visa has announced a strategic partnership with ThriveAgric to support their expansion into Kenya, aimed at transforming the payments landscape for smallholder farmers. ThriveAgric, the global winner of Visa’s 2022 Everywhere Initiative, will establish local hubs in five counties: Busia, Homabay, Migori, Nandi, and Narok, with initial centers in Homabay and Busia. These hubs will serve as learning centers and distribution points for farm inputs, benefiting up to 10,000 farmers.
After an extended period of negotiations, Kenya has finally reached a staff level agreement with the International Monetary Fund (IMF), paving the way for the disbursement of USD 976 million (Ksh.126.2 billion). This agreement is part of Kenya’s Extended Fund Facility and Extended Credit Facility arrangements, crucial for the country’s economic reform agenda.
Vodacom is proud to announce its recent achievement of ISO 50001 certification for energy management, marking a significant milestone in its commitment to sustainability and climate action across Africa. This certification underscores Vodacom’s dedication to reducing greenhouse gas emissions by 50% and sourcing 100% of its electricity from renewable sources by 2025.
Kenya is set to revolutionize its digital landscape by utilizing over 70,000 power transformers as internet hotspots across the country. This innovative initiative, announced by the government in collaboration with the Kenya Power and Lighting Company, aims to provide widespread internet access through existing infrastructure, rather than laying new fibre optic cables.
The Kenyan government is set to save a staggering Ksh 170 billion through an innovative deal between Kenya Power Company and the Ministry of ICT. By utilizing Kenya Power’s transmission lines, the government will roll out 100,000 kilometres of fibre optic cable across the country, delivering high-speed internet connectivity more efficiently and cost-effectively.
Zonken Food and Agriculture Ltd, a Chinese firm, has signed an MoU with Njeru Industries Ltd, a tea processor in Meru County, Kenya, to enhance tea value addition and boost exports to overseas markets. This landmark agreement was signed during the Nairobi International Cultural Festival, underscoring China’s rich tea heritage and the potential for collaboration.
Kenya Tourism Board has launched a strategic marketing campaign aimed at boosting tourism within the East African Community (EAC) market. The initiative, announced by KTB CEO June Chepkemei, involves partnering with renowned social media influencers and key media outlets across EAC member countries to enhance destination visibility and ignite travel interests.
