AGP Executive Report
Last update: 7 hours agoTrade and Investment: Kenya and the Netherlands launched Sh410 million programmes to improve the business climate and deepen trade ties. Banking: Nedbank took a 66% controlling stake in NCBA, in a deal that will shape the lender’s strategy and expansion. Agriculture: Kenya is targeting 1.5 million acres under irrigation to boost food production, while plans for a Turkana–Lamu oil pipeline have been revived after Dangote’s refinery project made it more viable. Finance: IFC may borrow up to Sh13 billion locally for new Kenyan investments; crypto transactions in Kenya also hit a record Sh740 billion in the year to June. Small Businesses: KNBS found that 34% of household enterprises earn Sh5,000 or less a month, underscoring the limited scale of many informal businesses. Cost of Living: Inflation reached 7.3% in October, its highest level in more than three years, as fuel and food costs rose. Regional Connectivity: The EAC is seeking approval for revised roaming rules that could lower cross-border call and data charges.
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