Month: <span>January 2024</span>

… sectors including bottling, EV cars, logistics, power, energy, steel mill, … President’s economic reforms, Kenya is now the top choice … ranking 29th globally – World Bank. Kenya is the 3rd position as … for FDI in 2024,”
“Kenya leads Africa in startup capital …
President Ruto launches power station in Naivasha, issues licenses to 6 firms

… Premier Liu Guozhong, will visit Uganda from January 15 to 24 … also visit Algeria, Cameroon and Tanzania.
According to Tim Zajontz, a … -Israeli conflict and Red Sea shipping crisis,” he said.
However, … become a key trade and logistics hub for China in West …
Red Sea attacks, Horn of Africa issues and war in Gaza set to dominate discussions during Wang Yi’s African trip

… Parks (IASP) conference in Kenya.
With a focus on demographics … cement Kenya&#39;s place as an economic, manufacturing, and logistics hub … the UN COMTRADE database, Kenya exported 1.32 billion dollars … within the same period.
Kenya&#39;s Konza Technopolis is …
Kenya prepares to host global Industrial Parks Conference

… energy, oil, transport and logistics are set to drive business … Central Bank of Kenya (CBK) shows that Kenya exported goods worth … increase saw Somalia become Kenya’s fifth largest export destination … from the Comtrade database.
Kenya’s leading banks, Equity …
East Africans look to DRC, Somalia for new markets

Summit Trail Advisors LLC raised its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD – Free Report) by 0.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm …
Expeditors International of Washington, Inc. (NASDAQ:EXPD) Stake Raised by Summit Trail Advisors LLC

Dennis Kamurasi, Vice Chairperson of AUGOS
Kampala, Uganda | THE INDEPENDENT | The Association of Oil and Gas Providers in Uganda has warned that it is not easy for Ugandans to supply the sector.
Association of Uganda Oil and Gas Service Providers (AUGOS) …
Ugandan association of oil and gas service providers urged to raise standards

… in Naivasha include: Africa Global Logistics SEZ Limited, which deals with … Zone CEO Ken Chelule said Kenya is open for business and … to be an investor in Kenya have been eased.
“For … to come and invest in Kenya, the government will check how …
Investors flock to Naivasha Special Export Economic Zone on low power tariff

Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 8.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm …
Uber Technologies, Inc. (NYSE:UBER) Shares Bought by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 8.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund …
Sumitomo Mitsui DS Asset Management Company Ltd Grows Stock Position in Uber Technologies, Inc. (NYSE:UBER)

… ), with neighbouring countries including Kenya and Uganda set to be … an expert in humanitarian logistics, Kenya accesses Burundi through the northern … the cities of Nairobi in Kenya, Kampala in Uganda and … by road. 
In addition, Kenya&#39;s exports to Burundi …
Kenya Set to Incur Losses as Burundi-Rwanda Diplomatic Row Widens