World News by Wild Rose

Kenya · MARKETS Key Facts The country — Kenya is East Africa’s largest economy, home to about 55 million people and the regional base for many banks, traders and logistics firms. The background — Kenyan banks had been parking spare cash in government paper while company lending stalled. Private-sector credit grew just 0.2 percent in […] The post Kenya Bank Lending to Companies Grows at Fastest Pace in Years appeared first on The Rio Times.

Aliko Dangote, Africa’s richest person, has hired the engineers that built his Lagos refinery to work on the new crude processing plant in Kenya that he is set to start constructing this month.

The Nairobi International Trade Fair runs 28 September–4 October 2026 at Jamhuri Park, Kenya. Tickets, theme, 500+ exhibitors and what is still unknown. The post Nairobi International Trade Fair: Kenya Show Opens 28 September appeared first on The Rio Times.

Zaria Group, a firm backed by Dallas Mavericks President Masai Ujiri and Helios Sports & Entertainment Group, plans to build a 10,000-seater multipurpose indoor arena in the Kenyan capital Nairobi, according to regulatory filings.

IFAD has approved an additional US$55 million, about Sh7.1 billion, to expand Kenya’s livestock commercialization project in the dryland counties. The post Kenya Livestock Project Gets US$55 Million More From IFAD appeared first on The Rio Times.

Kenya and the World Bank reviewed the US$390 million digital economy project on 14 September. By February, 8.2% had been disbursed. The post Kenya Digital Economy Project Has Spent 8% of Its Loan appeared first on The Rio Times.

Kenya’s COMESA sugar safeguard expired on 30 November 2025 after 24 years. The East African reports Nairobi is now exploring new protection. The post Kenya Sugar Protection Lapses and Nairobi Looks Again appeared first on The Rio Times.

Electric vehicles are the latest way to get around Kenya's game reserves - despite the lack of charging points.

Airtel is winding up Airtel Kenya Telesonic, its wholesale fibre subsidiary. It never recorded revenue and lost KES 16.1 million in 2025. The post Airtel Closes Kenyan Fibre Arm That Never Made a Sale appeared first on The Rio Times.

A 90-day window opened in September for foreigners running small businesses in Kenya. Here is what has been announced, what the paperwork costs, and what nobody has explained yet. The post Kenya Foreign Business Owners Get 90 Days to Fix Permits, Licences and Status appeared first on The Rio Times.

Kenya · FINANCE Key Facts —What happened Four Kenyan banks made the inaugural Forbes World’s Top Performing Banks 2026 top 500 list. —The numbers KCB Group ranked placed in The Banker 2026 Top 1000 with Tier 1 capital of US$2.455 billion. —Regional power Three Kenyan lenders accounted for three of East Africa’s four banks in […] The post Four Kenyan Banks Make a New Global Top-500 Ranking, in a First for East Africa appeared first on The Rio Times.

Cost of living Nairobi for expats in 2026 shows premium rents rising up to 6% yearly as UN and regional headquarters staff compete for housing. The post Cost of Living Nairobi: Expat Budgets Jump 6% appeared first on The Rio Times.

Kenya · INFRASTRUCTURE Key Facts —What happened Kenya’s Konza Technopolis, a 2,024-hectare smart city launched in 2008, has an estimated total project cost of about US$14.5 billion. —The money Phase 1 infrastructure was financed by Italy’s UniCredit SpA at roughly KSh 50.4 billion (about US$391 million), while Huawei built core systems under a China Eximbank […] The post Why Africa’s smart cities will also need smarter finance appeared first on The Rio Times.

The Kenyan President's order to close immigrant-owned small businesses sparked panic in the country. But now, as it seeks to backtrack from the concern, Kenya has warned foreign workers they have 90 days to regularise their status.

Kenya is due to start enforcing measures to restrict foreign nationals from operating small-scale businesses.

The Kenya economy faces a high-risk debt path, a stable shilling near KSh 129.47, and fresh IMF talks after its last programme lapsed. We look at growth, inflation and Nairobi costs. The post Kenya’s IMF Test Comes Due as the Shilling Holds Near KSh 129.47 appeared first on The Rio Times.

Supermarket shelves are emptying, sellers are rationing supplies and prices are rising.

Years of wrangling over pay, union recognition and collective bargaining are now back on the negotiating table.

It comes amid concerns over the growing number of traders from neighbouring countries.

Kenyan aviation workers have called off a strike that paralysed the country's main international airport for two days, the civil aviation authority said Tuesday.

Passengers at Nairobi’s Jomo Kenyatta International Airport faced long delays on Sunday after Kenyan air traffic controllers and airport staff resumed a strike.