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Tag: KENYA

Technology

Kenyan Court Permits Lawsuit Against Meta Over Role in Tigray Conflict

April 9, 2025April 9, 2025 - by Sofia Nawab - Leave a Comment

A Kenyan court has approved a lawsuit against Meta regarding its role in inciting violence during Ethiopia’s Tigray conflict. Plaintiffs claim Facebook’s algorithms contributed to violence by amplifying hate speech. …

Kenyan Court Permits Lawsuit Against Meta Over Role in Tigray Conflict Read More
Companies

Kenya Introduces Comprehensive Cryptocurrency Regulation with VASP Bill

April 8, 2025April 8, 2025 - by Sofia Nawab - Leave a Comment

Kenya is set to introduce the VASP Bill to regulate the cryptocurrency sector, aiming to create a licensing framework for virtual asset providers and enforce compliance with AML and CFT …

Kenya Introduces Comprehensive Cryptocurrency Regulation with VASP Bill Read More
Companies

JP Morgan Expands Operations in Nigeria with Plans for Merchant Bank License

April 3, 2025April 3, 2025 - by Allegra Nguyen - Leave a Comment

JP Morgan is expanding its operations in Nigeria by converting its Lagos office into an operational branch and applying for a merchant banking license from the CBN. This expansion plan …

JP Morgan Expands Operations in Nigeria with Plans for Merchant Bank License Read More
Climate change

Global Youth Climate Leaders to Gather in Brazil for Historic Summit Ahead of COP30

April 2, 2025April 2, 2025 - by Allegra Nguyen - Leave a Comment

The Global Youth Climate Summit 2025 will take place from 2-5 April at UFMG, Brazil. The event will host 200 young climate leaders from 39 countries, alongside 300 virtual participants. …

Global Youth Climate Leaders to Gather in Brazil for Historic Summit Ahead of COP30 Read More
Business / Companies

Stablecoin Regulation in Kenya: Balancing Opportunities and Risks

April 2, 2025April 2, 2025 - by Liam Nguyen - Leave a Comment

Kenya is actively exploring stablecoin regulation, which presents both opportunities for financial inclusion and challenges regarding digital currency integration. While stablecoins could enhance cross-border transactions and serve as a complement …

Stablecoin Regulation in Kenya: Balancing Opportunities and Risks Read More
Politics

Gachagua Warns Ruto Against Claiming Credit for Uhuru’s Mount Kenya Projects

April 1, 2025April 1, 2025 - by Liam Nguyen - Leave a Comment

Deputy President Gachagua warns President Ruto against claiming credit for initiatives by former President Uhuru Kenyatta during Ruto’s upcoming tour of the Mount Kenya region. Gachagua encourages caution from residents …

Gachagua Warns Ruto Against Claiming Credit for Uhuru’s Mount Kenya Projects Read More
economics

Kenya’s Inflation Rate Reaches Six-Month Peak in March 2025

April 1, 2025April 1, 2025 - by Liam Nguyen - Leave a Comment

Kenya’s inflation rate reached 3.6% in March 2025, up from 3.5% in February, remaining below the central bank’s 5% target for nine months. Monthly consumer prices rose by 0.4% in …

Kenya’s Inflation Rate Reaches Six-Month Peak in March 2025 Read More
Companies

AFDB Launches New Strategy for Enhancing Agriculture and Infrastructure in Nigeria

March 31, 2025March 31, 2025 - by Sofia Nawab - Leave a Comment

The African Development Bank has launched a new Country Strategy Paper to enhance agriculture and infrastructure in Nigeria. Key initiatives include the NAGS for food security and the development of …

AFDB Launches New Strategy for Enhancing Agriculture and Infrastructure in Nigeria Read More
Business / economics

Kenya Emerges as Africa’s Leading Mitumba Importer Amid Rising Demand

March 30, 2025March 30, 2025 - by Marcus Chen - Leave a Comment

In 2023, Kenya imported mitumba worth $298 million, becoming Africa’s largest second-hand clothing importer, surpassing Nigeria. This growth stems from rising demand and policy changes, including the elimination of key …

Kenya Emerges as Africa’s Leading Mitumba Importer Amid Rising Demand Read More
Business / economics

Tanzania’s Economic Growth: Aiming for Wealth and Stability in Africa

March 29, 2025March 29, 2025 - by Carmen Mendez - Leave a Comment

Tanzania is on track to become one of Africa’s richest countries within five years, having doubled its wealth in 15 years. With an economy grounded in manufacturing, tourism, and agriculture, …

Tanzania’s Economic Growth: Aiming for Wealth and Stability in Africa Read More

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