Tag Archives: Kenya

Kenya to host Africa Finance & Investment Forum

trade finance in kenya

Kenya will for the first time host the Africa Finance and Investment Forum (AFIF), the Pan-African meeting of SMEs managers, entrepreneurs, investors and government representatives which will take place from 13-16 February, 2017. The event organized by EMRC will focus on entrepreneurship and innovation and access to finance in key sectors such as energy, water, ICT, health and agriculture, according ...

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AfDB to support Kenya with $90m to boost trade finance

trade finance in kenya

The Africa Development Bank (AfDB) is providing financing to SME’s in Kenya and to boost trade finance. The funding will be channelled to SMEs and local businesses in infrastructure, tradable and other transformative sector transactions in Kenya, according to a press release from the AfDB. The release notes that the financial package is comprised of a $50m Line of Credit ...

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Kenya Airways celebrates 40 years in the skies

Kenya Airways on Sunday January 22, 2017 marked its 40th anniversary since it was incorporated in 1977. From humble beginnings Kenya Airways has grown to become a leading player in Africa connecting the region to the World and the World to Africa through its hub in Jomo Kenyatta International Airport (JKIA), Nairobi. The airline launched its inaugural flight on 4th ...

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Emirates to Launch 3rd Daily Flight to Nairobi

Emirates

Emirates has announced that it will introduce a third daily flight between Dubai and Kenya’s capital from 1st June 2017. The additional flight will increase the number of scheduled Emirates flights between the two cities to 21 a week and give customers greater flexibility and choice when planning their travel. Emirates says the Nairobi route has grown to become one ...

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Naspers seeks partnership with telcos to boost mobile videos

Video On Demand

Naspers Ltd., Africa’s biggest company by market value, is seeking partnerships with mobile-phone operators on the continent to boost its video-on-demand business and help compete with U.S. giant Netflix Inc. The owner of Africa’s biggest pay-TV provider is planning to build on a joint venture agreed to last year with Kenya’s largest company, Safaricom Ltd., to roll out online service ...

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Top 5 African Elections To Watch Out For in 2017

In 2017, more African countries will pursue the democratic path by conducting presidential, legislative and municipal elections. A public survey of elections conducted by the Pan-African research network Afro-barometer last year showed Africans distrust in national electoral commissions and the quality of their elections. Just over 40% of Africans in 36 countries believed that the last elections in their country were ...

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Volkswagen to open plants in Kenya, Rwanda

Volkswagen on Wednesday inaugurated a vehicle production facility in Kenya and revealed plans to start assembling cars in Rwanda by end 2017. The Government of Rwanda signed a memorandum of understanding (MoU) with Volkswagen Group for a new integrated mobility concept Wednesday evening. The signing took place at the Marriot Hotel. According to a statement on the Republic of Rwanda’s ...

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