CfC Stanbic and China's ICBC to fund 83 MW Kenya power project
The heavy fuel oil plant will be built by private power company Triumph Kenya. ICBC will provide $80 million of the debt financing while CfC Stanbic said in a statement it will provide the rest.
Kenya plans to add 5,000 MW of power supply capacity to the existing 1,664 MW generated
Kenya’s economic growth remains promising, bank says
The African Development Bank (AfDB) has expressed confidence about the country’s growth prospects, largely boosted by the country’s resilience in the face of economic and political challenges.
 The bank noted that a diverse private sector is an incredible foundation Kenya can
Dutch Businesses in Kenya on Trade Mission
The aim of the trip was to further strengthen diplomatic and economic relations between the Netherlands and Kenya. The main themes of the trade mission were agriculture and infrastructure, particularly maritime infrastructure.
Kenya is a developing country with an active economy that offers many opportunities
Central Bank of Kenya policy team retains key rate at 8.5 per cent
Central Bank retained its benchmark-lending rate to commercial banks at 8.5 per cent for the third consecutive time.
The banking regulator cited stability in the shilling exchange rate and a general decline in the prices of goods and services for holding its central Bank rate (CBR)
