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.
Airtel Kenya has launched its new Airtel Premier Plans, designed to provide the ultimate freedom and convenience in mobile telecommunications, directly competing with Safaricom’s Postpaid services. These plans, available through the ‘My Plan, Chaguo Langu’ platform, cater to a wide range of users including MSMEs, startups, individuals, and corporates.
The Kenyan government has allocated Sh612.7 million to connect Marsabit, Kenya’s second-largest county, to the national power grid for the first time. This initiative is part of a larger plan by the National Treasury, with further allocations set to reach Sh3.97 billion by the financial year 2025/26.
