Author: KNA

Several Heads of States and Governors from the African continent gathered in Nairobi on Wednesday, May 29, for the 59th Annual Meetings of the African Development Bank (AfDB) to reflect on the progress the continent has realized from the financing institution. President William Ruto, who presided over the opening session at Kenyatta International Convention Centre, said AfDB has demonstrated to the African countries the financial requirements they needed to work on, citing food security, infrastructure, youth and women empowerment, and entrepreneurship. He said countries needed to enhance their shares to enable the institution support them financially. “We must give them…

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Lamu Port has received Ethiopia’s maiden ship dubbed “MV Abbey”, which imported a 60,000 metric tonnes of fertilizer meant for Southern Ethiopia, in a move that signals the East African region’s openness towards using the Lamu Port-South Sudan-Ethiopia-Transport (LAPSSET) corridor. Two Ethiopian Cabinet Ministers; Minister of Agriculture, Girma Amante and his counterpart from the Transport docket, Dange Boru, who led a high level delegation from the Ethiopian Maritime Authority and the Ethiopian Shipping and Logistics Department, alongside Kenyan dignitaries, held a reception at the port to celebrate the ship’s arrival. Kenya Ports Authority managing director, Captain William Ruto, said docking of MV…

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By Mutai Kipngetich Kirinyaga Central ICT Hub is fueling hope to young people from Kirinyaga, and parts of Ndia and Gichugu constituencies amid myriad challenges ranging from poor internet connectivity to outdated desktops, and small numbers of facilities in the region, according to the National Assembly committee on National Government Constituency Development Fund (NG-CDF) The committee, which was on parliamentary visit to check on how best they can assist the 100-seater tech hub through the NG-CDF fund to cater for expenditure and expansion of the facilities across all wards, was led by Dagoretti North Member of Parliament Beatrice Elachi who…

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The Kakamega County Commissioner, Meru Mwangi has urged all government institutions undertaking projects and buildings to ensure they seek approvals from the National Environmental Management Authority (NEMA) before starting constructions. NEMA is charged with the responsibility of enforcing environmental management and ensuring that all developments including buildings are not harmful to the environment and that developers mitigate harmful effects to the environment due to construction of their buildings. Speaking while chairing the National Government Development -County Implementation Coordination and Management Committee (NGD-CICMC), Mwangi said all constructions must conform to the law and owners ensure environmental impact assessment is undertaken prior…

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By Chris Mahandara Kisumu city is set for a major facelift following the release of Sh300 million Urban Development Grant (UDG) by the World Bank to improve infrastructure and strengthen service delivery. The grant through the Kenya Urban Support Project II (KUSP II) will also see the recently launched Ahero Municipality receive Sh16.8 million to roll out similar projects. This comes after a successful implementation of KUSP I where the city received Sh1.7 billion which was used to construct a modern fire station, Rotary Youth Innovation Center, Non-motorised transport facility, Upgrading of Jomo Kenyatta Sports Grounds, Upgrading of Jamhuri Gardens…

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By Roselyne Kavoo The government is seeking to establish a Kenya Credit Guarantee Company (KCGC) to enhance credit access for Micro, Small and Medium Enterprises (MSMEs) in the country. Antony Njeru, a Principal Economist at the National Treasury said majority of MSMEs in the country have limited access to credit facilities due to lack of collateral and the KCGC intends to reduce the risks for lenders and encourage them to grant credit to MSMEs. A credit guarantee company is a mechanism where a third party, who is the guarantor pledges to pay part or the entire loan to the lender…

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