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Tag: Kenya

Yuletide: Nigerian family demands $1m over Kenya airways mishap
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Yuletide: Nigerian family demands $1m over Kenya airways mishap

A Nigerian family has demanded $1 million in general damages and compensation from Kenya Airways over a disrupted Christmas trip involving their daughter, a minor. The family, represented by Donald Ibebuike of the Creed & Brooks Partners law firm, addressed the airline in a letter dated December 21, 2024, accusing it of exposing them to […]

Criticisms trail Kenya's drop in Visa Openness rankings
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Criticisms trail Kenya’s drop in Visa Openness rankings

Kenya has fallen in the latest rankings of visa openness for African visitors, despite introducing a “visa-free” policy earlier this year. According to the 2024 Africa Visa Openness Index, Kenya dropped 17 places to 46th out of 54 countries. This decline follows the implementation of a new travel authorization system requiring most visitors from African […]

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IMF approves $606m loan for Kenya

The International Monetary Fund said it had cleared $606 million in lending to Kenya as it struggles to pay off debts and boost taxes after mass protests led to financial reforms being scrapped. Kenya is considered an economic bright spot in the troubled East African region. But it is grappling with around $80 billion in […]

Kenya shuts down internet amid violent protests over finance bill
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Kenya shuts down internet amid violent protests over finance bill

Yesterday, June 25, protests against Kenya’s Finance Bill 2024 turned violent, with reports of internet throttling and disruptions adding to the chaos. Kenyans, rallying under the hashtag #RejectFinanceBill2024, took to the streets in large numbers. Tragically, the unrest has resulted in deaths and raised significant concerns about digital rights and freedom of expression. NetBlocks, a […]

CEOs of East Africa's largest fund DOB Equity step down
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CEOs of East Africa’s largest fund DOB Equity step down

Co-CEOs of Dutch family fund DOB Equity, Saskia Van Der Mast and Hayo Afman, have stepped down, marking a transition in the leadership of one of East Africa’s largest private equity funds. Van Der Mast led the fund for 19 years, while Afman served for 9 years. Taking over the reins of the firm’s day-to-day […]

Kenya waives visa fees for Ethiopia, five other nations
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Kenya waives visa fees for Ethiopia, five other nations

Kenya has started making some adjustments to its online visitor registration service in an effort to facilitate travel into its borders. According to Business Insider, this will include a visa fee waiver for select partner nations. The fee waiver follows bilateral agreements between several nations that took effect on February 15. The project intends to […]

Fuel, electricity tariff cap costly, IMF warns Nigeria
Business

IMF expresses concerns over Kenya’s fuel subsidy reintroduction

The International Monetary Fund has raised concern over Kenya’s plan to reintroduce fuel subsidies. Business Insider reported that the global lender expressed reservations about the scheme’s feasibility, stressing that Kenya may not be able to pay oil traders due to financial constraints. The bank also mentioned an unpaid bill in the sector stating that Kenya may […]

Kenya overtakes Nigeria in start-up funding ranking
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Kenya overtakes Nigeria in start-up funding ranking

Alex Omenye Nigeria lost the top position for the most funded startups in Africa to Kenya. This development was contained in an analysis of the African startup funding in 2023 by a research outfit, ‘Africa: The Big Deal.’ The report stated that startups in the East African country attracted the largest amount of funding in […]

Netflix denies exit from Nigerian market amid speculationNetflix denies exit from Nigerian market amid speculation
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Netflix ends free subscription plan in Kenya

Netflix said on Monday that its free mobile plan in Kenya, which gave subscribers access to a quarter of its episodes and films for free for the previous two years, is coming to an end. It did not specify how many subscribers were gained as a result of the promotion strategy, which was created to […]

News Tech

Amazon to open web service center in Kenya

The company’s cloud computing business, Amazon Web Services, announced on Wednesday that it will establish a development facility in Nairobi, the capital of Kenya, and add jobs in software engineering, cloud support, and development. “The Kenyan technology sector continues to be a source of growth and job creation at a time when there is so […]

Spanish Court upholds temporary ban on Worldcoin's iris-scanning project
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Kenya demands suspension of Worldcoin’s domestic activities over privacy concerns

A Kenyan parliamentary committee on Monday demanded that the country’s information technology body suspend Worldcoin’s domestic operations. Early in August, the project was put on hold by the government due to privacy concerns regarding the scanning of individuals’ irises in return for a digital ID, which was intended to establish a new “identity and financial […]

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Kenyan firm unveils electric vehicle models for mass transit

Electronic company, Roam has developed a new shuttle bus model called Move as Kenya continues to push for the adoption of electric vehicles. As a result of Kenya’s accelerated adoption of electric vehicles, rising fuel prices, and calls for a switch to sustainable transportation options, Roam now plans to increase the production of the Move […]