AGP Executive Report
Last update: 10 hours agoCritical Minerals Push: The US says it will help Kenya build a critical-minerals processing industry around Mrima Hill rare earths and niobium, shifting from “extract and ship” to factories, training and technology transfer. Debt & Bonds: The Central Bank of Kenya reopened a Sh60bn Treasury bond sale, underscoring how fast domestic borrowing is moving early in the fiscal year. Infrastructure Finance: The National Infrastructure Fund targets about Sh42bn a year from government securities to bankroll mega projects while protecting seed capital. Maize Supply: Kenya is considering duty-free imports of 3m tonnes of white maize and 360,000 tonnes of yellow maize for animal feed to cushion a severe shortage. Foreign Traders Crackdown Fallout: Civil society warns Kenya’s crackdown on foreign small-scale traders could fuel discrimination and xenophobia, even as government extends a 90-day regularisation window and sets up a joint task team with Burundi. Maritime & Security: US and UK naval assets dock and converge on Kenyan ports as Mombasa’s role as a strategic maritime hub grows. Mombasa Industrial Leap: DP World and GulfCap sign on a special economic zone at Jomvu, aiming to deepen manufacturing and jobs. Food Prices Pressure: Milk shortages continue to hit households, with farmers squeezed by dry spells and higher feed costs.
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